Siemens Fonds Invest GmbH Acquires 11,501 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Siemens Fonds Invest GmbH increased its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 2,110.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,046 shares of the industrial products company’s stock after purchasing an additional 11,501 shares during the quarter. Siemens Fonds Invest GmbH’s holdings in Zebra Technologies were worth $4,652,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ZBRA. Barclays PLC increased its position in shares of Zebra Technologies by 2.4% in the third quarter. Barclays PLC now owns 113,177 shares of the industrial products company’s stock valued at $41,910,000 after acquiring an additional 2,617 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Zebra Technologies by 11.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 907,065 shares of the industrial products company’s stock worth $335,905,000 after purchasing an additional 89,765 shares during the last quarter. Czech National Bank boosted its position in shares of Zebra Technologies by 6.4% in the fourth quarter. Czech National Bank now owns 11,184 shares of the industrial products company’s stock valued at $4,319,000 after acquiring an additional 677 shares during the period. Fifth Third Wealth Advisors LLC boosted its stake in shares of Zebra Technologies by 32.2% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 1,081 shares of the industrial products company’s stock valued at $418,000 after buying an additional 263 shares during the period. Finally, Assenagon Asset Management S.A. grew its stake in Zebra Technologies by 103.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 31,785 shares of the industrial products company’s stock worth $12,276,000 after buying an additional 16,186 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Stock Performance

Shares of ZBRA stock opened at $298.35 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 firm has a 50-day moving average of $258.84 and a 200-day moving average of $337.18. Zebra Technologies Co. has a one year low of $205.73 and a one year high of $427.76. The company has a market cap of $15.33 billion, a P/E ratio of 29.31 and a beta of 1.74.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $4.02 EPS for the quarter, beating the consensus estimate of $3.60 by $0.42. Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the business posted $2.84 EPS. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. Equities research analysts forecast that Zebra Technologies Co. will post 13.71 EPS for the current fiscal year.

Insider Transactions at Zebra Technologies

In other news, Director Anders Gustafsson acquired 500 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was bought at an average price of $311.00 per share, with a total value of $155,500.00. Following the acquisition, the director now owns 202,176 shares in the company, valued at $62,876,736. The trade was a 0.25% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.84% of the company’s stock.

Analysts Set New Price Targets

ZBRA has been the subject of a number of research analyst reports. Barclays lowered their price target on Zebra Technologies from $326.00 to $263.00 and set an “equal weight” rating for the company in a report on Wednesday, April 30th. Needham & Company LLC cut their price target on shares of Zebra Technologies from $395.00 to $325.00 and set a “buy” rating on the stock in a report on Wednesday, April 30th. Morgan Stanley dropped their target price on shares of Zebra Technologies from $390.00 to $232.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 8th. Truist Financial cut their price target on Zebra Technologies from $379.00 to $254.00 and set a “hold” rating on the stock in a report on Tuesday, April 8th. Finally, StockNews.com downgraded Zebra Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, May 1st. Six equities research analysts have rated the stock with a hold rating, six 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 an average rating of “Moderate Buy” and an average target price of $321.73.

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.