Banco Bilbao Vizcaya Argentaria S.A. Purchases 7,328 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 152.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 12,124 shares of the industrial products company's stock after acquiring an additional 7,328 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Zebra Technologies were worth $4,683,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in Zebra Technologies in the 4th quarter worth about $201,420,000. FMR LLC raised its holdings in shares of Zebra Technologies by 181.1% in the 4th quarter. FMR LLC now owns 775,685 shares of the industrial products company's stock valued at $299,585,000 after acquiring an additional 499,736 shares in the last quarter. Schroder Investment Management Group raised its holdings in shares of Zebra Technologies by 62.8% in the 4th quarter. Schroder Investment Management Group now owns 983,715 shares of the industrial products company's stock valued at $379,930,000 after acquiring an additional 379,491 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Zebra Technologies in the 4th quarter valued at about $140,039,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Zebra Technologies by 434.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 396,633 shares of the industrial products company's stock valued at $153,188,000 after acquiring an additional 322,475 shares in the last quarter. Institutional investors own 91.03% of the company's stock.

Wall Street Analyst Weigh In

ZBRA has been the topic of several recent analyst reports. Truist Financial lowered their price target on Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a report on Tuesday, April 8th. Needham & Company LLC cut their price objective on shares of Zebra Technologies from $395.00 to $325.00 and set a "buy" rating for the company in a research note on Wednesday. Robert W. Baird upped their price objective on shares of Zebra Technologies from $286.00 to $290.00 and gave the company an "outperform" rating in a research note on Wednesday. Citigroup cut their price objective on shares of Zebra Technologies from $371.00 to $250.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Finally, UBS Group dropped their price target on shares of Zebra Technologies from $425.00 to $410.00 and set a "buy" rating for the company in a research report on Wednesday. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $321.73.

Zebra Technologies Trading Down 0.8 %

Shares of NASDAQ:ZBRA traded down $1.98 on Thursday, hitting $248.34. The company had a trading volume of 137,390 shares, compared to its average volume of 439,854. The firm's 50-day simple moving average is $265.80 and its two-hundred day simple moving average is $344.63. Zebra Technologies Co. has a 1 year low of $205.73 and a 1 year high of $427.76. The company has a quick ratio of 1.03, a current ratio of 1.43 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $12.76 billion, a price-to-earnings ratio of 24.49 and a beta of 1.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $4.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.60 by $0.42. The company had revenue of $1.31 billion during 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%. Zebra Technologies's quarterly revenue was up 11.3% compared to the same quarter last year. During the same period last year, the business earned $2.84 EPS. Equities analysts anticipate that Zebra Technologies Co. will post 13.71 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Anders Gustafsson acquired 500 shares of Zebra Technologies stock in a transaction on Monday, February 24th. The stock was acquired at an average cost of $311.00 per share, for a total transaction of $155,500.00. Following the purchase, the director now owns 202,176 shares in the company, valued at $62,876,736. This trade represents a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.84% of the stock is owned by company insiders.

Zebra Technologies 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.