Ieq Capital LLC Has $775,000 Place in Zebra Utilized sciences Co. (NASDAQ:ZBRA)

Zebra Technologies logoIeq Capital LLC boosted its holdings in Zebra Utilized sciences Co. (NASDAQ:ZBRA – Get Rating) by 65.4% via the first quarter, in response to its most modern disclosure with the Securities and Alternate Payment (SEC). The company owned 1,874 shares of the business merchandise agency’s stock after searching for an extra 741 shares via the interval. Ieq Capital LLC’s holdings in Zebra Utilized sciences had been value $775,000 as of its most modern SEC submitting.

Various totally different hedge funds and totally different institutional merchants have moreover made modifications to their positions throughout the stock. Assenagon Asset Administration SA lifted its holdings in Zebra Utilized sciences by 232.3% throughout the first quarter. Assenagon Asset Administration SA now owns 27,053 shares of the business merchandise agency’s stock valued at $11,192,000 after searching for an extra 18,913 shares via the interval. Truist Financial Corp lifted its holdings in Zebra Utilized sciences by 9.0% throughout the first quarter. Truist Financial Corp now owns 52,408 shares of the business merchandise agency’s stock valued at $21,681,000 after searching for an extra 4,312 shares via the interval. Oak Ridge Investments LLC acquired a model new place in Zebra Utilized sciences throughout the first quarter valued at roughly $621,000. Hotaling Funding Administration LLC lifted its holdings in Zebra Utilized sciences by 2.3% throughout the first quarter. Hotaling Funding Administration LLC now owns 5,104 shares of the business merchandise agency’s stock valued at $2,112,000 after searching for an extra 115 shares via the interval. Lastly, Jacobsen Capital Administration lifted its holdings in Zebra Utilized sciences by 26.6% throughout the first quarter. Jacobsen Capital Administration now owns 4,072 shares of the business merchandise agency’s stock valued at $1,685,000 after searching for an extra 856 shares via the interval. Institutional merchants and hedge funds private 85.30% of the company’s stock.

ZBRA has been the topic of plenty of analyst tales. JPMorgan Chase & Co. upgraded shares of Zebra Utilized sciences from a “neutral” rating to an “chubby” rating and reduce their objective value for the stock from $530.00 to $500.00 in a report on Monday, April 4th. Morgan Stanley upgraded shares of Zebra Utilized sciences from an “underweight” rating to an “equal weight” rating and reduce their objective value for the stock from $400.00 to $335.00 in a report on Monday, May twenty third. StockNews.com lowered shares of Zebra Utilized sciences from a “buy” rating to a “keep” rating in a report on Thursday, June ninth. Robert W. Baird reduce their objective value on shares of Zebra Utilized sciences from $550.00 to $440.00 in a report on Wednesday, May 4th. Lastly, TheStreet lowered shares of Zebra Utilized sciences from a “b-” rating to a “c+” rating in a report on Monday, June twenty seventh. Two evaluation analysts have rated the stock with a keep rating and 6 have assigned a purchase order rating to the company’s stock. Primarily based totally on data from MarketBeat.com, the company in the meanwhile has a imply rating of “Common Buy” and a imply objective value of $502.50.

Shares of ZBRA stock opened at $299.52 on Monday. The company has a fifty day shifting frequent of $320.62 and a 200-day shifting frequent of $408.71. The company has a quick ratio of 0.61, a gift ratio of 0.87 and a debt-to-equity ratio of 0.31. Zebra Utilized sciences Co. has a 12-month low of $287.93 and a 12-month extreme of $615.00. The company has a market capitalization of $15.73 billion, a price-to-earnings ratio of 19.78 and a beta of 1.61.

Zebra Utilized sciences (NASDAQ:ZBRA – Get Rating) remaining issued its quarterly earnings data on Tuesday, May third. The financial merchandise agency reported $3.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.48 by $0.28. Zebra Utilized sciences had a web margin of 14.25% and a return on equity of 31.20%. The company had earnings of $1.43 billion via the quarter, as compared with the consensus estimate of $1.37 billion. All through the equivalent quarter throughout the prior 12 months, the company earned $4.47 earnings per share. The company’s earnings was up 6.3% as compared with the equivalent quarter remaining 12 months. On frequent, equity analysts anticipate that Zebra Utilized sciences Co. will submit 17.82 EPS for the current 12 months.

Zebra Utilized sciences declared that its board has accredited a share repurchase plan on Tuesday, May seventeenth that allows the company to repurchase $1.00 billion in shares. This repurchase authorization permits the business merchandise agency to reacquire as a lot as 5.8% of its shares by open market purchases. Shares repurchase plans are usually an indication that the company’s administration believes its shares are undervalued.

Zebra Utilized sciences Agency Profile (Get Rating)

Zebra Utilized sciences Firm, together with its subsidiaries, affords enterprise asset intelligence choices throughout the automated identification and knowledge seize choices enterprise worldwide. It operates in two segments, Asset Intelligence & Monitoring and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers, which produce labels, wristbands, tickets, receipts, and plastic taking part in playing cards; dye-sublimination thermal card printers, which produce pictures which might be used for personal identification, entry administration, and financial transactions; RFID printers that encode data into passive RFID transponders; gear and selections for our printers, along with automobile mounts and battery chargers; stock and customised thermal labels, receipts, ribbons, plastic taking part in playing cards, and RFID tags for printers; and temperature-monitoring labels primarily utilized in vaccine distribution.

Further Finding out

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Institutional Ownership by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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