Zebra Technologies Co. (NASDAQ:ZBRA) Stock Holdings Lowered by APG Asset Management US Inc.

APG Asset Management US Inc. decreased its position in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 74.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,624 shares of the industrial products company's stock after selling 4,816 shares during the quarter. APG Asset Management US Inc.'s holdings in Zebra Technologies were worth $627,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV boosted its stake in Zebra Technologies by 102.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company's stock worth $27,000 after buying an additional 36 shares during the last quarter. Sierra Ocean LLC acquired a new stake in shares of Zebra Technologies in the fourth quarter worth approximately $28,000. Picton Mahoney Asset Management purchased a new stake in Zebra Technologies in the fourth quarter valued at approximately $31,000. Avalon Trust Co purchased a new position in Zebra Technologies during the fourth quarter worth approximately $35,000. Finally, Fortitude Family Office LLC boosted its holdings in shares of Zebra Technologies by 159.5% in the 4th quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company's stock valued at $37,000 after purchasing an additional 59 shares during the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ZBRA. Citigroup began coverage on Zebra Technologies in a report on Tuesday, January 14th. They issued a "neutral" rating and a $430.00 target price on the stock. Barclays decreased their target price on Zebra Technologies from $407.00 to $326.00 and set an "equal weight" rating for the company in a report on Friday, February 14th. Needham & Company LLC decreased their price objective on shares of Zebra Technologies from $430.00 to $395.00 and set a "buy" rating for the company in a research note on Friday, February 14th. UBS Group dropped their price objective on shares of Zebra Technologies from $445.00 to $425.00 and set a "buy" rating for the company in a research report on Tuesday, February 18th. Finally, Robert W. Baird decreased their price target on shares of Zebra Technologies from $432.00 to $380.00 and set an "outperform" rating for the company in a research report on Tuesday, February 18th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $359.73.

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Zebra Technologies Stock Up 2.8 %

Shares of NASDAQ:ZBRA traded up $6.33 during midday trading on Monday, reaching $231.77. The company had a trading volume of 683,969 shares, compared to its average volume of 636,034. Zebra Technologies Co. has a one year low of $205.73 and a one year high of $427.76. 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 stock has a market capitalization of $11.91 billion, a P/E ratio of 22.77 and a beta of 1.76. The stock's fifty day moving average price is $293.40 and its 200-day moving average price is $356.39.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its earnings results on Thursday, February 13th. The industrial products company reported $3.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.85 by ($0.23). The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. Equities research analysts expect that Zebra Technologies Co. will post 13.71 earnings per share for the current fiscal year.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, Director Anders Gustafsson purchased 500 shares of the firm's stock in a transaction dated 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 completion of the purchase, the director now owns 202,176 shares in the company, valued at $62,876,736. This trade represents a 0.25 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.06% of the stock is currently owned by company insiders.

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.