1,904 Shares in Zebra Technologies Co. (NASDAQ:ZBRA) Purchased by 111 Capital

111 Capital bought a new stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,904 shares of the industrial products company's stock, valued at approximately $735,000.

Other hedge funds also recently modified their holdings of the company. Equitable Trust Co. lifted its holdings in Zebra Technologies by 1.7% during the fourth quarter. Equitable Trust Co. now owns 1,600 shares of the industrial products company's stock worth $618,000 after acquiring an additional 27 shares during the period. New York Life Investment Management LLC lifted 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 worth $2,976,000 after acquiring an additional 30 shares during the period. EverSource Wealth Advisors LLC lifted 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 worth $518,000 after acquiring an additional 32 shares during the period. Benjamin Edwards Inc. lifted its holdings in Zebra Technologies by 5.7% during the fourth quarter. Benjamin Edwards Inc. now owns 651 shares of the industrial products company's stock worth $251,000 after acquiring an additional 35 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its holdings in Zebra Technologies by 102.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company's stock worth $27,000 after acquiring an additional 36 shares during the period. Hedge funds and other institutional investors own 91.03% of the company's stock.

Zebra Technologies Stock Performance

Shares of NASDAQ:ZBRA traded down $4.67 during midday trading on Friday, reaching $287.82. 656,080 shares of the company traded hands, compared to its average volume of 464,280. The company has a quick ratio of 1.03, a current ratio of 1.43 and a debt-to-equity ratio of 0.58. Zebra Technologies Co. has a 12 month low of $205.73 and a 12 month high of $427.76. The firm has a market capitalization of $14.64 billion, a price-to-earnings ratio of 28.27 and a beta of 1.74. The firm's fifty day moving average price is $260.42 and its two-hundred day moving average price is $329.72.

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

Wall Street Analyst Weigh In

ZBRA has been the topic of a number of recent analyst reports. Truist Financial dropped 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. Morgan Stanley lifted their price target on Zebra Technologies from $245.00 to $280.00 and gave the stock an "equal weight" rating in a report on Wednesday. UBS Group dropped their price target on Zebra Technologies from $425.00 to $410.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. Needham & Company LLC dropped their price target on Zebra Technologies from $395.00 to $325.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. Finally, Barclays lowered their target price on Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 30th. Six analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Zebra Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $326.09.

About Zebra Technologies

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.