B. Metzler seel. Sohn & Co. Holding AG Invests $504,000 in Zebra Technologies Co. (NASDAQ:ZBRA)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,360 shares of the industrial products company's stock, valued at approximately $504,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. AXA S.A. increased its holdings in shares of Zebra Technologies by 62.3% in the 2nd quarter. AXA S.A. now owns 277,864 shares of the industrial products company's stock valued at $85,841,000 after purchasing an additional 106,630 shares in the last quarter. Boston Partners grew its position in Zebra Technologies by 9.7% during the first quarter. Boston Partners now owns 1,108,819 shares of the industrial products company's stock worth $334,230,000 after buying an additional 98,045 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in Zebra Technologies by 94.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 142,908 shares of the industrial products company's stock valued at $52,922,000 after buying an additional 69,549 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Zebra Technologies by 556.0% during the 3rd quarter. SG Americas Securities LLC now owns 70,004 shares of the industrial products company's stock valued at $25,924,000 after acquiring an additional 59,332 shares during the period. Finally, Sessa Capital IM L.P. purchased a new stake in shares of Zebra Technologies during the 2nd quarter worth approximately $17,115,000. Hedge funds and other institutional investors own 91.03% of the company's stock.

Insider Activity

In other news, CFO Nathan Andrew Winters sold 1,837 shares of the business's stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $381.73, for a total transaction of $701,238.01. Following the completion of the sale, the chief financial officer now directly owns 11,421 shares of the company's stock, valued at $4,359,738.33. The trade was a 13.86 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.06% of the company's stock.

Analyst Ratings Changes

ZBRA has been the subject of several research analyst reports. StockNews.com raised Zebra Technologies from a "hold" rating to a "buy" rating in a research note on Thursday, October 31st. Morgan Stanley raised their price target on Zebra Technologies from $290.00 to $305.00 and gave the company an "underweight" rating in a research report on Wednesday, October 30th. Stephens boosted their price objective on shares of Zebra Technologies from $380.00 to $410.00 and gave the stock an "overweight" rating in a research report on Friday, August 2nd. UBS Group raised their target price on shares of Zebra Technologies from $390.00 to $445.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Finally, Redburn Atlantic upgraded shares of Zebra Technologies to a "strong-buy" rating in a research report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $385.18.

Zebra Technologies Trading Up 0.9 %

NASDAQ ZBRA traded up $3.75 during mid-day trading on Monday, reaching $400.94. 420,241 shares of the stock were exchanged, compared to its average volume of 362,735. The stock has a market capitalization of $20.68 billion, a PE ratio of 54.38 and a beta of 1.64. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 1.37. Zebra Technologies Co. has a 1-year low of $227.65 and a 1-year high of $405.62. The business's fifty day simple moving average is $375.69 and its 200 day simple moving average is $341.39.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.92 by $0.57. The business had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.22 billion. Zebra Technologies had a return on equity of 15.56% and a net margin of 8.20%. During the same quarter last year, the firm earned $0.57 earnings per share. The business's revenue was up 31.3% on a year-over-year basis. On average, research analysts anticipate that Zebra Technologies Co. will post 12.4 earnings per share for the current fiscal year.

Zebra Technologies 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.