Zebra Technologies Co. (NASDAQ:ZBRA) Holdings Boosted by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP increased its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 70.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,551 shares of the industrial products company's stock after purchasing an additional 11,821 shares during the period. Brevan Howard Capital Management LP owned 0.06% of Zebra Technologies worth $11,027,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ZBRA. Norges Bank purchased a new stake in Zebra Technologies in the 4th quarter worth approximately $201,420,000. FMR LLC lifted its position in Zebra Technologies by 181.1% during the fourth quarter. FMR LLC now owns 775,685 shares of the industrial products company's stock worth $299,585,000 after buying an additional 499,736 shares during the period. Schroder Investment Management Group boosted its stake in Zebra Technologies by 62.8% in the 4th quarter. Schroder Investment Management Group now owns 983,715 shares of the industrial products company's stock worth $379,930,000 after buying an additional 379,491 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Zebra Technologies in the 4th quarter valued at about $140,039,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Zebra Technologies by 434.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 396,633 shares of the industrial products company's stock valued at $153,188,000 after acquiring an additional 322,475 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Citigroup lowered their target price on shares of Zebra Technologies from $371.00 to $250.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Barclays lowered their price objective on shares of Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 30th. Truist Financial cut their target price on Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a research report on Tuesday, April 8th. Robert W. Baird increased their target price on shares of Zebra Technologies from $286.00 to $290.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. Finally, StockNews.com downgraded shares of Zebra Technologies from a "buy" rating to a "hold" rating in a research note on Thursday, May 1st. Six research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned 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 $321.73.

Zebra Technologies Stock Up 0.5 %

Shares of NASDAQ:ZBRA traded up $1.39 during trading on Friday, hitting $266.76. The company's stock had a trading volume of 700,804 shares, compared to its average volume of 446,834. The company has a market capitalization of $13.71 billion, a PE ratio of 26.20 and a beta of 1.74. Zebra Technologies Co. has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.03 and a current ratio of 1.43. The stock's 50-day moving average price is $258.33 and its two-hundred day moving average price is $338.93.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its earnings results 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 return on equity of 18.34% and a net margin of 10.60%. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the company posted $2.84 EPS. Zebra Technologies's quarterly revenue was up 11.3% on a year-over-year basis. As a group, sell-side analysts expect that Zebra Technologies Co. will post 13.71 EPS for the current year.

Insiders Place Their Bets

In related news, Director Anders Gustafsson purchased 500 shares of Zebra Technologies stock in a transaction dated Monday, February 24th. The shares were acquired at an average price of $311.00 per share, with a total value of $155,500.00. Following the completion of the transaction, the director now owns 202,176 shares of the company's stock, valued at approximately $62,876,736. This trade represents a 0.25 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.84% of the stock is owned by company insiders.

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.