Deutsche Bank AG Grows Stock Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

Deutsche Bank AG grew its holdings in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 4.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 225,505 shares of the industrial products company's stock after buying an additional 9,251 shares during the quarter. Deutsche Bank AG owned approximately 0.44% of Zebra Technologies worth $87,095,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of ZBRA. Creative Financial Designs Inc. ADV raised its stake in 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 buying an additional 36 shares during the last quarter. Sierra Ocean LLC purchased a new position in Zebra Technologies during the 4th quarter valued at approximately $28,000. Picton Mahoney Asset Management bought a new stake in shares of Zebra Technologies in the 4th quarter valued at approximately $31,000. Avalon Trust Co bought a new stake in shares of Zebra Technologies during the 4th quarter worth approximately $35,000. Finally, Coppell Advisory Solutions LLC bought a new stake in shares of Zebra Technologies during the 4th quarter worth approximately $36,000. Hedge funds and other institutional investors own 91.03% of the company's stock.

Wall Street Analysts Forecast Growth

ZBRA has been the topic of a number of analyst reports. UBS Group cut their price target on Zebra Technologies from $425.00 to $410.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. Truist Financial dropped their target price on Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a research note on Tuesday, April 8th. StockNews.com cut Zebra Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, May 1st. Citigroup lowered their target price on Zebra Technologies from $371.00 to $250.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Finally, Needham & Company LLC lowered their target price on Zebra Technologies from $395.00 to $325.00 and set a "buy" rating on the stock in a research note on Wednesday, April 30th. Six investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Zebra Technologies has an average rating of "Moderate Buy" and a consensus target price of $321.73.

Insiders Place Their Bets

In other news, Director Anders Gustafsson purchased 500 shares of the company's stock in a transaction dated Monday, February 24th. The stock was acquired at an average price of $311.00 per share, with a total value of $155,500.00. Following the purchase, the director now directly owns 202,176 shares in the company, valued at approximately $62,876,736. This represents a 0.25% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.84% of the company's stock.

Zebra Technologies Price Performance

NASDAQ ZBRA traded down $0.92 on Thursday, hitting $298.35. The stock had a trading volume of 442,146 shares, compared to its average volume of 456,369. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.03 and a current ratio of 1.43. Zebra Technologies Co. has a 52-week low of $205.73 and a 52-week high of $427.76. The company has a market capitalization of $15.33 billion, a price-to-earnings ratio of 29.31 and a beta of 1.74. The firm has a 50-day moving average of $258.54 and a 200-day moving average of $337.63.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $4.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.60 by $0.42. Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. 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 prior year, the company earned $2.84 EPS. The firm's revenue was up 11.3% on a year-over-year basis. Equities analysts expect that Zebra Technologies Co. will post 13.71 EPS for the current year.

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.