Baader Bank Aktiengesellschaft Buys Shares of 935 Zebra Technologies Co. (NASDAQ:ZBRA)

Baader Bank Aktiengesellschaft purchased a new position in shares of Zebra Technologies Co. (NASDAQ:ZBRA) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 935 shares of the industrial products company’s stock, valued at approximately $361,000.

Other hedge funds also recently modified their holdings of the company. Robeco Institutional Asset Management B.V. increased its position in Zebra Technologies by 10.7% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 185,061 shares of the industrial products company’s stock worth $71,474,000 after buying an additional 17,936 shares during the last quarter. R Squared Ltd purchased a new stake in Zebra Technologies in the 4th quarter worth about $436,000. Perigon Wealth Management LLC bought a new stake in Zebra Technologies in the 4th quarter valued at about $212,000. Cascade Investment Advisors Inc. lifted its holdings in Zebra Technologies by 0.6% during the fourth quarter. Cascade Investment Advisors Inc. now owns 4,412 shares of the industrial products company’s stock valued at $1,704,000 after purchasing an additional 25 shares during the last quarter. Finally, Heartland Bank & Trust Co bought a new position in Zebra Technologies during the fourth quarter worth about $288,000. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Trading Down 1.2 %

Shares of ZBRA opened at $394.70 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.37 and a quick ratio of 0.96. Zebra Technologies Co. has a 1-year low of $233.95 and a 1-year high of $427.76. The company has a market capitalization of $20.36 billion, a P/E ratio of 53.70 and a beta of 1.64. The firm’s 50 day simple moving average is $399.73 and its 200 day simple moving average is $370.58.

Zebra Technologies (NASDAQ:ZBRA) 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 analysts’ consensus estimates of $2.92 by $0.57. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. Zebra Technologies had a net margin of 8.20% and a return on equity of 15.56%. The firm’s revenue was up 31.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.57 EPS. Sell-side analysts forecast that Zebra Technologies Co. will post 11.8 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ZBRA shares. StockNews.com upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Needham & Company LLC raised their price target on Zebra Technologies from $394.00 to $430.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Morgan Stanley lifted their price target on Zebra Technologies from $400.00 to $427.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. UBS Group raised their target price on Zebra Technologies from $390.00 to $445.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Finally, Citigroup began coverage on Zebra Technologies in a research report on Tuesday, January 14th. They set a “neutral” rating and a $430.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $401.25.

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.