Achmea Investment Management B.V. Acquires Shares of 1,936 Zebra Technologies Co. (NASDAQ:ZBRA)

Achmea Investment Management B.V. purchased a new position in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,936 shares of the industrial products company's stock, valued at approximately $748,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ZBRA. Sierra Ocean LLC bought a new position in shares of Zebra Technologies during the 4th quarter worth $28,000. Fortitude Family Office LLC lifted its holdings in 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 in the last quarter. Ameliora Wealth Management Ltd. purchased a new stake in Zebra Technologies during the 4th quarter worth about $42,000. Kestra Investment Management LLC purchased a new stake in Zebra Technologies during the 4th quarter worth about $50,000. Finally, Spire Wealth Management lifted its holdings in Zebra Technologies by 44.7% during the 4th quarter. Spire Wealth Management now owns 136 shares of the industrial products company's stock worth $53,000 after purchasing an additional 42 shares in the last quarter. Institutional investors own 91.03% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Needham & Company LLC dropped their price objective on Zebra Technologies from $430.00 to $395.00 and set a "buy" rating on the stock in a report on Friday, February 14th. Citigroup assumed coverage on Zebra Technologies in a report on Tuesday, January 14th. They set a "neutral" rating and a $430.00 price objective on the stock. Morgan Stanley dropped their price objective on Zebra Technologies from $427.00 to $390.00 and set an "equal weight" rating on the stock in a report on Friday, February 14th. Robert W. Baird lowered their price target on Zebra Technologies from $432.00 to $380.00 and set an "outperform" rating on the stock in a report on Tuesday, February 18th. Finally, Barclays decreased their price objective on shares of 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. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $381.42.

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Zebra Technologies Stock Performance

NASDAQ ZBRA opened at $278.97 on Friday. The company has a 50-day simple moving average of $353.87 and a two-hundred day simple moving average of $369.20. 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 12-month low of $266.75 and a 12-month high of $427.76. The firm has a market cap of $14.33 billion, a price-to-earnings ratio of 27.40 and a beta of 1.68.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The industrial products company reported $3.62 earnings per share (EPS) 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 business had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.31 billion. On average, equities analysts forecast that Zebra Technologies Co. will post 13.71 EPS for the current year.

Insider Activity

In other news, Director Anders Gustafsson acquired 500 shares of the stock in a transaction dated Monday, February 24th. The stock was purchased at an average cost of $311.00 per share, with a total value of $155,500.00. Following the completion of the purchase, the director now owns 202,176 shares in the company, valued at approximately $62,876,736. The trade was a 0.25 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.04% of the company's stock.

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.

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