B. Metzler seel. Sohn & Co. AG Boosts Stock Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

B. Metzler seel. Sohn & Co. AG lifted its holdings in Zebra Technologies Co. (NASDAQ:ZBRA) by 38.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,885 shares of the industrial products company’s stock after purchasing an additional 525 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Zebra Technologies were worth $728,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Creative Financial Designs Inc. ADV increased its holdings in shares of Zebra Technologies by 102.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 36 shares during the period. Sierra Ocean LLC purchased a new position in Zebra Technologies in the fourth quarter valued at about $28,000. Picton Mahoney Asset Management bought a new position in Zebra Technologies in the fourth quarter worth about $31,000. Avalon Trust Co purchased a new stake in shares of Zebra Technologies during the fourth quarter valued at about $35,000. Finally, Fortitude Family Office LLC lifted its position in shares of Zebra Technologies by 159.5% during the fourth quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock valued at $37,000 after buying an additional 59 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors.

Zebra Technologies Stock Down 17.1 %

NASDAQ:ZBRA opened at $238.50 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.43 and a quick ratio of 1.03. The company’s fifty day moving average price is $320.70 and its 200-day moving average price is $363.87. Zebra Technologies Co. has a 1-year low of $236.79 and a 1-year high of $427.76. The firm has a market capitalization of $12.25 billion, a P/E ratio of 23.43 and a beta of 1.68.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings results on Thursday, February 13th. The industrial products company reported $3.62 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.23). The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. As a group, equities research analysts anticipate that Zebra Technologies Co. will post 13.71 EPS for the current year.

Insider Activity at Zebra Technologies

In other news, Director Anders Gustafsson purchased 500 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The shares were bought at an average price of $311.00 per share, for a total transaction of $155,500.00. Following the completion of the transaction, the director now owns 202,176 shares in the company, valued at $62,876,736. This represents a 0.25 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 1.06% of the stock is owned by company insiders.

Analysts Set New Price Targets

ZBRA has been the subject of several recent analyst reports. Needham & Company LLC reduced their price objective on shares of Zebra Technologies from $430.00 to $395.00 and set a “buy” rating for the company in a research note on Friday, February 14th. Barclays reduced their price target on Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating on the stock in a research report on Friday, February 14th. Robert W. Baird lowered their price objective on Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating for the company in a research report on Tuesday, February 18th. Morgan Stanley decreased their price target on Zebra Technologies from $427.00 to $390.00 and set an “equal weight” rating for the company in a research note on Friday, February 14th. Finally, Citigroup began coverage on Zebra Technologies in a research note on Tuesday, January 14th. They set a “neutral” rating and a $430.00 price target on the stock. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $381.42.

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.