Zebra Technologies Corporation (NASDAQ:ZBRA) Shares Acquired by Van Strum & Towne Inc.

Van Strum & Towne Inc. increased its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 95.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,050 shares of the industrial products company's stock after acquiring an additional 1,000 shares during the quarter. Van Strum & Towne Inc.'s holdings in Zebra Technologies were worth $579,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ZBRA. Investment Management Corp VA ADV purchased a new position in Zebra Technologies during the fourth quarter worth about $27,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Zebra Technologies during the first quarter worth about $30,000. Coppell Advisory Solutions LLC purchased a new position in Zebra Technologies during the fourth quarter worth about $36,000. Allworth Financial LP raised its stake in Zebra Technologies by 29.7% during the first quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock worth $54,000 after purchasing an additional 44 shares during the period. Finally, Physician Wealth Advisors Inc. purchased a new position in Zebra Technologies during the fourth quarter worth about $61,000. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Stock Down 0.8%

ZBRA traded down $2.78 during trading hours on Thursday, hitting $333.99. 89,829 shares of the company's stock were exchanged, compared to its average volume of 578,681. Zebra Technologies Corporation has a 12-month low of $205.73 and a 12-month high of $427.76. The firm has a 50 day moving average of $304.63 and a 200 day moving average of $306.61. The firm has a market cap of $16.98 billion, a P/E ratio of 31.60 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 posted its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $4.02 EPS for the quarter, topping 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 during the quarter, compared to analysts' expectations of $1.29 billion. During the same quarter in the previous year, the business posted $2.84 EPS. The firm's revenue was up 11.3% on a year-over-year basis. Analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ZBRA. Citigroup reissued a "neutral" rating and issued a $342.00 price target (up from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. UBS Group reduced their price target on shares of Zebra Technologies from $425.00 to $410.00 and set a "buy" rating on the stock in a research note on Wednesday, April 30th. Robert W. Baird boosted their price target on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a research note on Monday, July 14th. BNP Paribas raised shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 10th. Finally, Barclays reduced their price target on shares of 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. Five research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Zebra Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $348.40.

Zebra Technologies 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.