Zebra Technologies Corporation (NASDAQ:ZBRA) Stock Position Decreased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH cut its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 3.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,162 shares of the industrial products company's stock after selling 1,071 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of Zebra Technologies worth $9,935,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ZBRA. Brown Advisory Inc. grew its holdings in shares of Zebra Technologies by 8.7% during the first quarter. Brown Advisory Inc. now owns 1,751 shares of the industrial products company's stock valued at $495,000 after buying an additional 140 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Zebra Technologies by 33.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company's stock valued at $2,236,000 after buying an additional 1,964 shares in the last quarter. Coldstream Capital Management Inc. grew its holdings in shares of Zebra Technologies by 6.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 1,192 shares of the industrial products company's stock valued at $460,000 after buying an additional 72 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in shares of Zebra Technologies by 1.9% during the first quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company's stock valued at $981,000 after buying an additional 66 shares in the last quarter. Finally, Asset Management One Co. Ltd. grew its holdings in shares of Zebra Technologies by 6.3% during the first quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company's stock valued at $6,024,000 after buying an additional 1,267 shares in the last quarter. 91.03% of the stock is owned by institutional investors.

Zebra Technologies Price Performance

NASDAQ ZBRA opened at $335.69 on Friday. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The stock's 50-day moving average is $306.03 and its two-hundred day moving average is $305.77. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.45 and a quick ratio of 1.02. The firm has a market cap of $17.07 billion, a P/E ratio of 31.76 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its earnings results on Tuesday, April 29th. The industrial products company reported $4.02 earnings per share 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 company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the company earned $2.84 earnings per share. The business's revenue was up 11.3% compared to the same quarter last year. On average, analysts anticipate that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ZBRA. BNP Paribas upgraded Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. Morgan Stanley lifted their price objective on Zebra Technologies from $245.00 to $280.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 28th. Barclays reduced their price objective on Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 30th. Citigroup reissued a "neutral" rating and set a $342.00 price objective (up previously from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Finally, Wall Street Zen cut Zebra Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, May 1st. Five equities research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average 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.

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