Siemens Fonds Invest GmbH Grows Position in Zebra Technologies Co. (NASDAQ:ZBRA)

Siemens Fonds Invest GmbH lifted its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 2,110.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,046 shares of the industrial products company's stock after buying an additional 11,501 shares during the period. Siemens Fonds Invest GmbH's holdings in Zebra Technologies were worth $4,652,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ZBRA. Creative Financial Designs Inc. ADV raised its holdings in shares of Zebra Technologies by 102.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company's stock valued at $27,000 after buying an additional 36 shares in the last quarter. Investment Management Corp VA ADV purchased a new position in shares of Zebra Technologies during the 4th quarter valued at about $27,000. Sierra Ocean LLC purchased a new position in shares of Zebra Technologies during the 4th quarter valued at about $28,000. Picton Mahoney Asset Management purchased a new position in shares of Zebra Technologies during the 4th quarter valued at about $31,000. Finally, Avalon Trust Co purchased a new position in shares of Zebra Technologies during the 4th quarter valued at about $35,000. 91.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Robert W. Baird raised their price target on Zebra Technologies from $286.00 to $290.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. Barclays reduced their price target on Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 30th. Wall Street Zen lowered Zebra Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, May 1st. UBS Group reduced their price target on Zebra Technologies from $425.00 to $410.00 and set a "buy" rating on the stock in a research report on Wednesday, April 30th. Finally, Truist Financial reduced their price target on Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a research report on Tuesday, April 8th. 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 stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $326.09.

Zebra Technologies Trading Down 1.6%

Shares of ZBRA stock traded down $4.67 during trading hours on Friday, reaching $287.82. The company's stock had a trading volume of 656,080 shares, compared to its average volume of 464,280. The stock has a market capitalization of $14.64 billion, a P/E ratio of 28.27 and a beta of 1.74. Zebra Technologies Co. has a one year low of $205.73 and a one year high of $427.76. The firm's fifty day simple moving average is $260.42 and its 200 day simple moving average is $329.72. The company has a current ratio of 1.43, a quick ratio of 1.03 and a debt-to-equity ratio of 0.58.

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

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.