Zebra Technologies Co. (NASDAQ:ZBRA) Shares Bought by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. grew its holdings in Zebra Technologies Co. (NASDAQ:ZBRA) by 7.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,831 shares of the industrial products company’s stock after acquiring an additional 126 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Zebra Technologies were worth $707,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Cascade Investment Advisors Inc. raised its holdings in shares of Zebra Technologies by 0.6% in the fourth quarter. Cascade Investment Advisors Inc. now owns 4,412 shares of the industrial products company’s stock valued at $1,704,000 after buying an additional 25 shares during the last quarter. WCM Investment Management LLC raised its holdings in shares of Zebra Technologies by 0.3% in the third quarter. WCM Investment Management LLC now owns 9,501 shares of the industrial products company’s stock valued at $3,502,000 after buying an additional 27 shares during the last quarter. KPP Advisory Services LLC raised its holdings in shares of Zebra Technologies by 2.3% in the third quarter. KPP Advisory Services LLC now owns 1,246 shares of the industrial products company’s stock valued at $461,000 after buying an additional 28 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Zebra Technologies by 24.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 151 shares of the industrial products company’s stock valued at $58,000 after buying an additional 30 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of Zebra Technologies by 1.4% in the third quarter. Private Advisor Group LLC now owns 2,218 shares of the industrial products company’s stock valued at $821,000 after buying an additional 31 shares during the last quarter. 91.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ZBRA has been the subject of a number of research reports. StockNews.com raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Citigroup assumed coverage on shares of Zebra Technologies in a research note on Tuesday, January 14th. They set a “neutral” rating and a $430.00 price target on the stock. Needham & Company LLC boosted their price target on shares of Zebra Technologies from $394.00 to $430.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. UBS Group boosted their price target on shares of Zebra Technologies from $390.00 to $445.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Finally, Robert W. Baird boosted their price target on shares of Zebra Technologies from $380.00 to $415.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Five analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Zebra Technologies has an average rating of “Moderate Buy” and a consensus target price of $401.25.

Zebra Technologies Trading Down 0.7 %

Shares of ZBRA opened at $383.46 on Wednesday. The firm’s 50-day moving average is $399.37 and its two-hundred day moving average is $372.21. The firm has a market capitalization of $19.78 billion, a P/E ratio of 52.17 and a beta of 1.63. Zebra Technologies Co. has a twelve month low of $239.04 and a twelve month high of $427.76. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61.

Zebra Technologies Company Profile

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.