Zebra Technologies Co. (NASDAQ:ZBRA) Stock Position Lifted by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. grew its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,100 shares of the industrial products company’s stock after buying an additional 400 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Zebra Technologies were worth $7,763,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Sierra Ocean LLC acquired a new stake in shares of Zebra Technologies during the 4th quarter worth approximately $28,000. Fortitude Family Office LLC raised its position in shares of Zebra Technologies by 159.5% during the 4th quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 59 shares during the period. Ameliora Wealth Management Ltd. acquired a new stake in shares of Zebra Technologies during the 4th quarter worth approximately $42,000. Blue Trust Inc. raised its position in shares of Zebra Technologies by 136.7% during the 3rd quarter. Blue Trust Inc. now owns 116 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 67 shares during the period. Finally, Kestra Investment Management LLC acquired a new stake in shares of Zebra Technologies during the 4th quarter worth approximately $50,000. Institutional investors own 91.03% of the company’s stock.

Insider Buying and Selling at Zebra Technologies

In related news, Director Anders Gustafsson bought 500 shares of the business’s stock in a transaction on Monday, February 24th. The shares were bought at an average cost of $311.00 per share, for a total transaction of $155,500.00. Following the completion of the acquisition, 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 ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.06% of the company’s stock.

Zebra Technologies Price Performance

ZBRA opened at $315.05 on Friday. The stock has a market cap of $16.19 billion, a price-to-earnings ratio of 30.95 and a beta of 1.63. Zebra Technologies Co. has a 1 year low of $266.75 and a 1 year high of $427.76. The company has a current ratio of 1.43, a quick ratio of 1.03 and a debt-to-equity ratio of 0.58. The stock has a fifty day moving average price of $374.07 and a 200 day moving average price of $372.79.

Zebra Technologies (NASDAQ:ZBRA) last posted its 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). Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Analysts forecast that Zebra Technologies Co. will post 13.71 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ZBRA shares. Truist Financial lowered their target price on Zebra Technologies from $409.00 to $379.00 and set a “hold” rating on the stock in a research report on Friday, February 14th. Barclays lowered their target price 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. Needham & Company LLC lowered their target price on Zebra Technologies from $430.00 to $395.00 and set a “buy” rating on the stock in a research report on Friday, February 14th. UBS Group lowered their price target on Zebra Technologies from $445.00 to $425.00 and set a “buy” rating on the stock in a research report on Tuesday, February 18th. Finally, Citigroup began coverage on Zebra Technologies in a research report on Tuesday, January 14th. They set a “neutral” rating and a $430.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $381.42.

About Zebra Technologies

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.