Zebra Technologies Corporation (NASDAQ:ZBRA) Shares Acquired by Machina Capital S.A.S.

Machina Capital S.A.S. increased its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 194.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,273 shares of the industrial products company's stock after buying an additional 5,462 shares during the period. Machina Capital S.A.S.'s holdings in Zebra Technologies were worth $2,338,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Investment Management Corp VA ADV acquired a new position in shares of Zebra Technologies in the fourth quarter worth $27,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Zebra Technologies during the 1st quarter worth about $30,000. Coppell Advisory Solutions LLC purchased a new stake in Zebra Technologies during the 4th quarter worth about $36,000. Allworth Financial LP raised its stake in Zebra Technologies by 29.7% in the 1st quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock valued at $54,000 after purchasing an additional 44 shares during the last quarter. Finally, Physician Wealth Advisors Inc. purchased a new position in Zebra Technologies in the 4th quarter valued at about $61,000. 91.03% of the stock is owned by institutional investors and hedge funds.

Zebra Technologies Trading Up 0.7%

ZBRA stock traded up $2.29 during trading on Friday, reaching $335.69. 298,300 shares of the stock traded hands, compared to its average volume of 407,647. The firm has a market capitalization of $17.07 billion, a PE ratio of 31.76 and a beta of 1.75. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.45 and a quick ratio of 1.02. The business's 50 day moving average price is $305.33 and its 200-day moving average price is $306.18. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ZBRA. Robert W. Baird lifted their price target on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an "outperform" rating in a report on Monday, July 14th. Wall Street Zen cut shares of Zebra Technologies from a "buy" rating to a "hold" rating in a research note on Thursday, May 1st. Needham & Company LLC cut their price target on Zebra Technologies from $395.00 to $325.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. BNP Paribas Exane upgraded Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price objective on the stock in a report on Thursday, July 10th. Finally, BNP Paribas upgraded Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 10th. Five research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Zebra Technologies has a consensus rating of "Moderate Buy" and an average price target of $348.40.

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.