Thrivent Financial for Lutherans Decreases Holdings in Zebra Technologies Corporation $ZBRA

Thrivent Financial for Lutherans trimmed its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 360,466 shares of the industrial products company’s stock after selling 7,343 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Zebra Technologies were worth $107,116,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of ZBRA. NewEdge Advisors LLC boosted its position in shares of Zebra Technologies by 39.9% in the first quarter. NewEdge Advisors LLC now owns 1,318 shares of the industrial products company’s stock worth $372,000 after purchasing an additional 376 shares during the period. Caxton Associates LLP bought a new stake in shares of Zebra Technologies in the 1st quarter worth about $317,000. Empowered Funds LLC lifted its stake in shares of Zebra Technologies by 7.2% in the 1st quarter. Empowered Funds LLC now owns 1,441 shares of the industrial products company’s stock valued at $407,000 after purchasing an additional 97 shares during the last quarter. Farther Finance Advisors LLC increased its position in Zebra Technologies by 48.6% during the second quarter. Farther Finance Advisors LLC now owns 208 shares of the industrial products company’s stock valued at $64,000 after acquiring an additional 68 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in Zebra Technologies by 2.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 25,609 shares of the industrial products company’s stock valued at $7,897,000 after purchasing an additional 641 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Insiders Place Their Bets

In other Zebra Technologies news, Director Satish Dhanasekaran purchased 1,000 shares of the stock in a transaction on Tuesday, November 18th. The shares were bought at an average price of $233.12 per share, for a total transaction of $233,120.00. Following the completion of the transaction, the director owned 3,356 shares of the company’s stock, valued at $782,350.72. This trade represents a 42.44% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.84% of the company’s stock.

Zebra Technologies Stock Performance

ZBRA opened at $234.98 on Friday. The firm has a fifty day moving average price of $252.10 and a 200 day moving average price of $284.07. The stock has a market cap of $11.90 billion, a P/E ratio of 23.69 and a beta of 1.68. Zebra Technologies Corporation has a 1 year low of $205.73 and a 1 year high of $400.55. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.61 and a quick ratio of 1.19.

Analysts Set New Price Targets

Several equities analysts have commented on ZBRA shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a research report on Wednesday, January 21st. Truist Financial cut their price objective on shares of Zebra Technologies from $331.00 to $291.00 and set a “hold” rating on the stock in a report on Thursday, December 18th. Barclays boosted their target price on shares of Zebra Technologies from $360.00 to $368.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. KeyCorp reaffirmed a “sector weight” rating on shares of Zebra Technologies in a report on Thursday, October 30th. Finally, Zacks Research upgraded Zebra Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $350.00.

Zebra Technologies Profile

Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.

The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.