Zebra Technologies Corporation (NASDAQ:ZBRA) Holdings Lifted by Cwm LLC

CWM LLC increased its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 168.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,830 shares of the industrial products company's stock after purchasing an additional 3,032 shares during the quarter. CWM LLC's holdings in Zebra Technologies were worth $1,365,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Stephens Inc. AR lifted its stake in Zebra Technologies by 3.7% during the first quarter. Stephens Inc. AR now owns 2,004 shares of the industrial products company's stock worth $566,000 after purchasing an additional 72 shares during the last quarter. New York State Common Retirement Fund lifted its stake in Zebra Technologies by 2.9% during the first quarter. New York State Common Retirement Fund now owns 34,557 shares of the industrial products company's stock worth $9,764,000 after purchasing an additional 978 shares during the last quarter. Xponance Inc. lifted its stake in Zebra Technologies by 2.9% during the first quarter. Xponance Inc. now owns 8,687 shares of the industrial products company's stock worth $2,455,000 after purchasing an additional 243 shares during the last quarter. Robeco Schweiz AG lifted its stake in Zebra Technologies by 24.6% during the first quarter. Robeco Schweiz AG now owns 1,251 shares of the industrial products company's stock worth $353,000 after purchasing an additional 247 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in Zebra Technologies by 34.5% during the first quarter. Cerity Partners LLC now owns 15,454 shares of the industrial products company's stock worth $4,367,000 after purchasing an additional 3,960 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on ZBRA. BNP Paribas Exane raised Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 target price on the stock in a research report on Thursday, July 10th. Barclays dropped their target price 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. Morgan Stanley increased their target price on Zebra Technologies from $245.00 to $280.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 28th. Finally, Citigroup reaffirmed a "neutral" rating and issued a $342.00 target price (up from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Five research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $348.40.

Zebra Technologies Stock Performance

Shares of ZBRA traded down $3.37 during trading hours on Thursday, reaching $333.40. 317,837 shares of the company's stock traded hands, compared to its average volume of 413,931. The firm has a market capitalization of $16.95 billion, a price-to-earnings ratio of 31.54 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. Zebra Technologies Corporation has a twelve month low of $205.73 and a twelve month high of $427.76. The business's fifty day simple moving average is $305.33 and its two-hundred day simple moving average is $306.18.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $4.02 EPS for the quarter, beating analysts' consensus estimates of $3.60 by $0.42. The company 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 18.77% and a net margin of 10.73%. The company'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 earnings per share. Analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share 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.