Zebra Technologies Co. (NASDAQ:ZBRA) Shares Bought by Deutsche Bank AG

Deutsche Bank AG grew its holdings in Zebra Technologies Co. (NASDAQ:ZBRA) by 4.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,505 shares of the industrial products company’s stock after purchasing an additional 9,251 shares during the quarter. Deutsche Bank AG owned about 0.44% of Zebra Technologies worth $87,095,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in Zebra Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 6,260,530 shares of the industrial products company’s stock worth $2,417,942,000 after buying an additional 55,130 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Zebra Technologies by 1.5% during the 4th quarter. Invesco Ltd. now owns 1,422,986 shares of the industrial products company’s stock worth $549,586,000 after acquiring an additional 20,992 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Zebra Technologies by 7.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,296,412 shares of the industrial products company’s stock valued at $500,701,000 after acquiring an additional 86,766 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Zebra Technologies by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 1,276,198 shares of the industrial products company’s stock valued at $491,935,000 after acquiring an additional 30,496 shares during the last quarter. Finally, Schroder Investment Management Group grew its holdings in shares of Zebra Technologies by 62.8% in the fourth quarter. Schroder Investment Management Group now owns 983,715 shares of the industrial products company’s stock valued at $379,930,000 after purchasing an additional 379,491 shares during the period. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Stock Performance

NASDAQ:ZBRA opened at $266.76 on Monday. The company has a market cap of $13.71 billion, a price-to-earnings ratio of 26.20 and a beta of 1.74. The company has a quick ratio of 1.03, a current ratio of 1.43 and a debt-to-equity ratio of 0.58. Zebra Technologies Co. has a 52 week low of $205.73 and a 52 week high of $427.76. The company has a fifty day simple moving average of $258.33 and a two-hundred day simple moving average of $338.57.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $4.02 earnings per share for the quarter, topping the consensus estimate of $3.60 by $0.42. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. Zebra Technologies’s revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.84 EPS. As a group, equities analysts anticipate that Zebra Technologies Co. will post 13.71 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ZBRA. UBS Group reduced their target price on shares of Zebra Technologies from $425.00 to $410.00 and set a “buy” rating on the stock in a research note on Wednesday, April 30th. Needham & Company LLC reduced their price target on shares of Zebra Technologies from $395.00 to $325.00 and set a “buy” rating on the stock in a research report on Wednesday, April 30th. StockNews.com cut Zebra Technologies from a “buy” rating to a “hold” rating in a report on Thursday, May 1st. Truist Financial cut their target price on Zebra Technologies from $379.00 to $254.00 and set a “hold” rating for the company in a research note on Tuesday, April 8th. Finally, Morgan Stanley decreased their price target on Zebra Technologies from $390.00 to $232.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 8th. Six research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Zebra Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $321.73.

Insider Activity at Zebra Technologies

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

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.