Baader Bank Aktiengesellschaft Invests $361,000 in Zebra Technologies Co. (NASDAQ:ZBRA)

Baader Bank Aktiengesellschaft bought a new stake in Zebra Technologies Co. (NASDAQ:ZBRA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 935 shares of the industrial products company’s stock, valued at approximately $361,000.

A number of other institutional investors have also bought and sold shares of the company. Cascade Investment Advisors Inc. lifted its stake in shares of Zebra Technologies by 0.6% in the 4th quarter. Cascade Investment Advisors Inc. now owns 4,412 shares of the industrial products company’s stock valued at $1,704,000 after purchasing an additional 25 shares during the period. WCM Investment Management LLC lifted its stake in Zebra Technologies by 0.3% in the third quarter. WCM Investment Management LLC now owns 9,501 shares of the industrial products company’s stock valued at $3,502,000 after buying an additional 27 shares during the period. KPP Advisory Services LLC boosted its holdings in shares of Zebra Technologies by 2.3% during the 3rd quarter. KPP Advisory Services LLC now owns 1,246 shares of the industrial products company’s stock worth $461,000 after buying an additional 28 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of Zebra Technologies by 24.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 151 shares of the industrial products company’s stock worth $58,000 after buying an additional 30 shares during the period. Finally, Private Advisor Group LLC increased its stake in shares of Zebra Technologies by 1.4% in the 3rd quarter. Private Advisor Group LLC now owns 2,218 shares of the industrial products company’s stock valued at $821,000 after acquiring an additional 31 shares in the last quarter. Institutional investors own 91.03% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. UBS Group raised their price target on shares of Zebra Technologies from $390.00 to $445.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. StockNews.com raised Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. TD Cowen upped their price target on Zebra Technologies from $380.00 to $425.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Barclays raised their price objective on Zebra Technologies from $347.00 to $407.00 and gave the company an “equal weight” rating in a research note on Thursday, October 31st. Finally, Morgan Stanley upped their target price on Zebra Technologies from $400.00 to $427.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Zebra Technologies has a consensus rating of “Moderate Buy” and an average price target of $401.25.

Zebra Technologies Stock Performance

NASDAQ ZBRA opened at $394.70 on Friday. The company has a fifty day moving average price of $399.73 and a 200-day moving average price of $370.58. The firm has a market cap of $20.36 billion, a price-to-earnings ratio of 53.70 and a beta of 1.64. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.37 and a quick ratio of 0.96. Zebra Technologies Co. has a 1 year low of $233.95 and a 1 year high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.49 EPS for the quarter, beating the consensus estimate of $2.92 by $0.57. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. Zebra Technologies had a net margin of 8.20% and a return on equity of 15.56%. The company’s revenue for the quarter was up 31.3% on a year-over-year basis. During the same quarter last year, the business posted $0.57 EPS. As a group, equities research analysts predict that Zebra Technologies Co. will post 11.8 EPS for the current fiscal year.

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.