Zebra Technologies Co. (NASDAQ:ZBRA) Shares Bought by Deutsche Bank AG

Deutsche Bank AG lifted its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 4.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 225,505 shares of the industrial products company’s stock after acquiring an additional 9,251 shares during the quarter. Deutsche Bank AG’s holdings in Zebra Technologies were worth $87,095,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Cascade Investment Advisors Inc. lifted its position 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 worth $1,704,000 after buying an additional 25 shares during the last quarter. Equitable Trust Co. raised its stake in shares of Zebra Technologies by 1.7% in the 4th quarter. Equitable Trust Co. now owns 1,600 shares of the industrial products company’s stock valued at $618,000 after acquiring an additional 27 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Zebra Technologies by 24.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 151 shares of the industrial products company’s stock worth $58,000 after purchasing an additional 30 shares during the period. New York Life Investment Management LLC grew its holdings in Zebra Technologies by 0.4% during the fourth quarter. New York Life Investment Management LLC now owns 7,705 shares of the industrial products company’s stock valued at $2,976,000 after purchasing an additional 30 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in Zebra Technologies by 2.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,341 shares of the industrial products company’s stock valued at $518,000 after purchasing an additional 32 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Insider Buying and Selling

In related news, Director Anders Gustafsson purchased 500 shares of the stock in a transaction on Monday, February 24th. The shares were purchased at an average cost of $311.00 per share, for a total transaction of $155,500.00. Following the completion of the transaction, the director now directly owns 202,176 shares of the company’s stock, valued at approximately $62,876,736. The trade was a 0.25% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.84% of the company’s stock.

Zebra Technologies Stock Performance

Shares of NASDAQ ZBRA opened at $266.76 on Monday. The firm has a market capitalization of $13.71 billion, a price-to-earnings ratio of 26.20 and a beta of 1.74. Zebra Technologies Co. has a one year low of $205.73 and a one year high of $427.76. The business has a fifty day simple moving average of $258.33 and a 200 day simple moving average of $338.57. The company has a current ratio of 1.43, a quick ratio of 1.03 and a debt-to-equity ratio of 0.58.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $4.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.60 by $0.42. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.84 EPS. Sell-side analysts expect that Zebra Technologies Co. will post 13.71 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on ZBRA shares. UBS Group decreased their price objective on shares of Zebra Technologies from $425.00 to $410.00 and set a “buy” rating for the company in a report on Wednesday, April 30th. Truist Financial decreased their price target on shares of Zebra Technologies from $379.00 to $254.00 and set a “hold” rating for the company in a report on Tuesday, April 8th. StockNews.com downgraded Zebra Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, May 1st. Citigroup cut their price objective on Zebra Technologies from $371.00 to $250.00 and set a “neutral” rating for the company in a research report on Monday, April 14th. Finally, Needham & Company LLC decreased their target price on Zebra Technologies from $395.00 to $325.00 and set a “buy” rating for the company in a research note on Wednesday, April 30th. Six equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $321.73.

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.