Mn Services Vermogensbeheer B.V. Has $5.26 Million Position in Zebra Technologies Corporation (NASDAQ:ZBRA)

Mn Services Vermogensbeheer B.V. lowered its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 7.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,600 shares of the industrial products company's stock after selling 1,500 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Zebra Technologies were worth $5,256,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ZBRA. Vanguard Group Inc. increased its holdings in shares of Zebra Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 6,260,530 shares of the industrial products company's stock valued at $2,417,942,000 after purchasing an additional 55,130 shares in the last quarter. Invesco Ltd. grew its stake in Zebra Technologies by 1.5% in the 4th quarter. Invesco Ltd. now owns 1,422,986 shares of the industrial products company's stock valued at $549,586,000 after acquiring an additional 20,992 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in Zebra Technologies by 7.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,296,412 shares of the industrial products company's stock valued at $500,701,000 after acquiring an additional 86,766 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Zebra Technologies by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 1,276,198 shares of the industrial products company's stock worth $491,935,000 after purchasing an additional 30,496 shares during the last quarter. Finally, Schroder Investment Management Group boosted its stake in shares of Zebra Technologies by 62.8% during the 4th quarter. Schroder Investment Management Group now owns 983,715 shares of the industrial products company's stock worth $379,930,000 after purchasing an additional 379,491 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ZBRA shares. Morgan Stanley raised their target price on shares of Zebra Technologies from $245.00 to $280.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 28th. Truist Financial decreased their target price on shares of Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a research report on Tuesday, April 8th. Needham & Company LLC decreased their target price 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. Citigroup reduced their price target on shares of Zebra Technologies from $371.00 to $250.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Finally, Wall Street Zen cut shares of Zebra Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, May 1st. Five investment 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $331.20.

Zebra Technologies Price Performance

ZBRA stock traded up $2.31 during trading on Friday, hitting $294.04. The company had a trading volume of 777,857 shares, compared to its average volume of 473,690. The company has a current ratio of 1.45, a quick ratio of 1.02 and a debt-to-equity ratio of 0.58. The business has a 50 day moving average of $272.95 and a 200 day moving average of $318.20. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The firm has a market capitalization of $14.95 billion, a price-to-earnings ratio of 27.82 and a beta of 1.75.

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 for the quarter, beating analysts' consensus estimates of $3.60 by $0.42. The company 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%. Zebra Technologies's revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the company earned $2.84 EPS. As a group, research analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

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.