Vontobel Holding Ltd. Has $45.77 Million Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

Vontobel Holding Ltd. increased its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 16.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 118,517 shares of the industrial products company's stock after acquiring an additional 16,852 shares during the period. Vontobel Holding Ltd. owned about 0.23% of Zebra Technologies worth $45,774,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of ZBRA. Creative Planning grew its position in Zebra Technologies by 18.1% during the 3rd quarter. Creative Planning now owns 4,545 shares of the industrial products company's stock worth $1,683,000 after acquiring an additional 698 shares during the last quarter. nVerses Capital LLC acquired a new position in Zebra Technologies during the 3rd quarter worth $1,000,000. Bleakley Financial Group LLC lifted its holdings in Zebra Technologies by 4.0% during the 3rd quarter. Bleakley Financial Group LLC now owns 3,364 shares of the industrial products company's stock worth $1,246,000 after buying an additional 129 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Zebra Technologies by 1.7% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 5,184 shares of the industrial products company's stock worth $1,920,000 after buying an additional 89 shares in the last quarter. Finally, V Square Quantitative Management LLC lifted its holdings in Zebra Technologies by 9.6% during the 3rd quarter. V Square Quantitative Management LLC now owns 846 shares of the industrial products company's stock worth $313,000 after buying an additional 74 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. TD Cowen upped their price objective on Zebra Technologies from $380.00 to $425.00 and gave the stock a "buy" rating in a report on Wednesday, October 30th. Morgan Stanley cut their price target on Zebra Technologies from $427.00 to $390.00 and set an "equal weight" rating on the stock in a research note on Friday. Truist Financial cut their price target on Zebra Technologies from $409.00 to $379.00 and set a "hold" rating on the stock in a research note on Friday. UBS Group cut their price target on Zebra Technologies from $445.00 to $425.00 and set a "buy" rating on the stock in a research note on Tuesday. Finally, Citigroup started coverage on Zebra Technologies in a research note on Tuesday, January 14th. They issued a "neutral" rating and a $430.00 price target on the stock. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $381.42.

Zebra Technologies Trading Up 4.0 %

Zebra Technologies stock traded up $12.72 during mid-day trading on Tuesday, hitting $331.08. 1,150,108 shares of the company's stock were exchanged, compared to its average volume of 582,099. The firm has a market capitalization of $17.08 billion, a P/E ratio of 45.04 and a beta of 1.63. Zebra Technologies Co. has a fifty-two week low of $266.75 and a fifty-two week high of $427.76. The company has a quick ratio of 0.96, a current ratio of 1.37 and a debt-to-equity ratio of 0.61. The company's 50 day simple moving average is $388.62 and its 200-day simple moving average is $373.68.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released 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 firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Zebra Technologies had a return on equity of 15.56% and a net margin of 8.20%. On average, equities analysts anticipate that Zebra Technologies Co. will post 11.8 earnings per share for the current 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.