Achmea Investment Management B.V. Has $2.38 Million Position in Zebra Technologies Corporation (NASDAQ:ZBRA)

Achmea Investment Management B.V. raised its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 335.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,435 shares of the industrial products company's stock after acquiring an additional 6,499 shares during the quarter. Achmea Investment Management B.V.'s holdings in Zebra Technologies were worth $2,383,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in ZBRA. New York Life Investment Management LLC raised its stake in shares of Zebra Technologies by 0.4% during the 4th quarter. New York Life Investment Management LLC now owns 7,705 shares of the industrial products company's stock worth $2,976,000 after purchasing an additional 30 shares in the last quarter. EverSource Wealth Advisors LLC raised its position 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 acquiring an additional 32 shares in the last quarter. Benjamin Edwards Inc. raised its position in Zebra Technologies by 5.7% during the fourth quarter. Benjamin Edwards Inc. now owns 651 shares of the industrial products company's stock valued at $251,000 after acquiring an additional 35 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its stake in Zebra Technologies by 102.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company's stock valued at $27,000 after acquiring an additional 36 shares during the last quarter. Finally, GTS Securities LLC grew its position in Zebra Technologies by 5.0% in the fourth quarter. GTS Securities LLC now owns 794 shares of the industrial products company's stock worth $307,000 after acquiring an additional 38 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Price Performance

ZBRA stock traded up $4.30 during trading on Wednesday, hitting $319.78. The company had a trading volume of 207,387 shares, compared to its average volume of 478,035. The company has a fifty day moving average price of $284.00 and a two-hundred day moving average price of $313.31. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The company has a market cap of $16.26 billion, a P/E ratio of 30.24 and a beta of 1.75. The company has a current ratio of 1.45, a quick ratio of 1.02 and a debt-to-equity ratio of 0.58.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its earnings results on Tuesday, April 29th. The industrial products company reported $4.02 EPS for the quarter, beating the consensus estimate of $3.60 by $0.42. Zebra Technologies had a net margin of 10.73% and a return on equity of 18.77%. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the company earned $2.84 EPS. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. Equities research analysts expect that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Zebra Technologies from a "buy" rating to a "hold" rating in a report on Thursday, May 1st. Needham & Company LLC dropped their price target on shares of Zebra Technologies from $395.00 to $325.00 and set a "buy" rating on the stock in a research report on Wednesday, April 30th. Barclays decreased their price objective on shares of Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating for the company in a report on Wednesday, April 30th. UBS Group decreased their price target 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. Finally, Truist Financial lowered their price objective on shares of Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a research note on Tuesday, April 8th. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $331.20.

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.