Zebra Technologies Corporation (NASDAQ:ZBRA) Stock Holdings Lifted by Diversified Trust Co

Diversified Trust Co lifted its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 87.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,611 shares of the industrial products company's stock after acquiring an additional 1,219 shares during the quarter. Diversified Trust Co's holdings in Zebra Technologies were worth $738,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ZBRA. Creative Financial Designs Inc. ADV lifted its holdings in shares of Zebra Technologies by 102.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company's stock valued at $27,000 after purchasing an additional 36 shares during the last quarter. Investment Management Corp VA ADV purchased a new stake in Zebra Technologies during the fourth quarter valued at about $27,000. Picton Mahoney Asset Management acquired a new position in shares of Zebra Technologies in the fourth quarter worth about $31,000. Avalon Trust Co acquired a new position in shares of Zebra Technologies in the fourth quarter worth about $35,000. Finally, Coppell Advisory Solutions LLC purchased a new position in shares of Zebra Technologies in the fourth quarter worth approximately $36,000. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently commented on ZBRA. Citigroup reduced their price target on shares of Zebra Technologies from $371.00 to $250.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Wall Street Zen lowered Zebra Technologies from a "buy" rating to a "hold" rating in a report on Thursday, May 1st. Needham & Company LLC lowered their price target on Zebra Technologies from $395.00 to $325.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. UBS Group dropped 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, Morgan Stanley increased their price objective on Zebra Technologies from $245.00 to $280.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 28th. Five investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Zebra Technologies has an average rating of "Moderate Buy" and an average target price of $331.20.

Zebra Technologies Price Performance

ZBRA opened at $309.26 on Monday. The stock has a fifty day moving average price of $280.51 and a 200 day moving average price of $313.97. 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 Corporation has a 1 year low of $205.73 and a 1 year high of $446.38. The stock has a market cap of $15.73 billion, a price-to-earnings ratio of 29.26 and a beta of 1.75.

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

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