Zebra Technologies Co. (NASDAQ:ZBRA) Shares Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. raised its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 5.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 185,385 shares of the industrial products company's stock after acquiring an additional 10,088 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.36% of Zebra Technologies worth $50,671,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Keene & Associates Inc. lifted its position in Zebra Technologies by 15.1% in the 4th quarter. Keene & Associates Inc. now owns 2,715 shares of the industrial products company's stock valued at $742,000 after acquiring an additional 356 shares in the last quarter. Louisiana State Employees Retirement System bought a new position in Zebra Technologies in the 4th quarter valued at approximately $847,000. WCM Investment Management LLC lifted its position in Zebra Technologies by 13.4% in the 4th quarter. WCM Investment Management LLC now owns 16,516 shares of the industrial products company's stock valued at $4,548,000 after acquiring an additional 1,948 shares in the last quarter. NewEdge Wealth LLC lifted its position in Zebra Technologies by 3.1% in the 4th quarter. NewEdge Wealth LLC now owns 11,682 shares of the industrial products company's stock valued at $3,193,000 after acquiring an additional 349 shares in the last quarter. Finally, Sapient Capital LLC bought a new position in Zebra Technologies in the 4th quarter valued at approximately $633,000. 91.03% of the stock is owned by institutional investors.

Zebra Technologies Price Performance

ZBRA stock traded down $6.68 during trading on Monday, reaching $283.00. The company's stock had a trading volume of 199,499 shares, compared to its average volume of 381,267. Zebra Technologies Co. has a 1 year low of $194.59 and a 1 year high of $320.55. The company has a quick ratio of 0.54, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $14.54 billion, a P/E ratio of 49.41 and a beta of 1.79. The company's fifty day moving average is $281.45 and its 200-day moving average is $251.67.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings results on Thursday, February 15th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.62 by $0.09. Zebra Technologies had a return on equity of 15.30% and a net margin of 6.46%. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1 billion. During the same quarter in the prior year, the business posted $4.43 EPS. Zebra Technologies's revenue for the quarter was down 32.9% compared to the same quarter last year. On average, research analysts expect that Zebra Technologies Co. will post 9.76 earnings per share for the current fiscal year.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, CAO Colleen M. O'sullivan sold 135 shares of the stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $279.36, for a total transaction of $37,713.60. Following the completion of the transaction, the chief accounting officer now owns 5,543 shares of the company's stock, valued at approximately $1,548,492.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.04% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Barclays assumed coverage on shares of Zebra Technologies in a research note on Tuesday, April 2nd. They set an "equal weight" rating and a $292.00 target price for the company. Truist Financial assumed coverage on shares of Zebra Technologies in a research note on Thursday, March 14th. They set a "hold" rating and a $300.00 target price for the company. StockNews.com lowered shares of Zebra Technologies from a "hold" rating to a "sell" rating in a research note on Friday, February 16th. Finally, Wolfe Research upgraded shares of Zebra Technologies from a "peer perform" rating to an "outperform" rating and set a $337.00 target price for the company in a research note on Monday, April 8th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $278.64.

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.