Zebra Technologies Co. (NASDAQ:ZBRA) Shares Bought by DekaBank Deutsche Girozentrale


Share on StockTwits

DekaBank Deutsche Girozentrale raised its position in Zebra Technologies Co. (NASDAQ:ZBRA) by 405.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 55,073 shares of the industrial products company’s stock after buying an additional 44,172 shares during the period. DekaBank Deutsche Girozentrale owned about 0.10% of Zebra Technologies worth $20,799,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in shares of Zebra Technologies by 11.3% during the 4th quarter. JPMorgan Chase & Co. now owns 1,429,247 shares of the industrial products company’s stock worth $549,301,000 after purchasing an additional 145,268 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in shares of Zebra Technologies by 5.5% during the 4th quarter. Lazard Asset Management LLC now owns 811,364 shares of the industrial products company’s stock worth $311,830,000 after purchasing an additional 42,351 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Zebra Technologies by 2.7% during the 4th quarter. Wells Fargo & Company MN now owns 789,593 shares of the industrial products company’s stock worth $303,466,000 after purchasing an additional 20,692 shares during the last quarter. Norges Bank acquired a new position in shares of Zebra Technologies during the 4th quarter worth approximately $202,920,000. Finally, Nordea Investment Management AB boosted its holdings in shares of Zebra Technologies by 32.4% during the 4th quarter. Nordea Investment Management AB now owns 471,764 shares of the industrial products company’s stock worth $181,313,000 after purchasing an additional 115,334 shares during the last quarter. Institutional investors and hedge funds own 86.36% of the company’s stock.

In other news, SVP Michael Cho sold 337 shares of the company’s stock in a transaction dated Thursday, March 4th. The shares were sold at an average price of $495.98, for a total value of $167,145.26. Following the completion of the sale, the senior vice president now directly owns 4,639 shares of the company’s stock, valued at $2,300,851.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Anders Gustafsson sold 15,865 shares of the company’s stock in a transaction dated Tuesday, February 16th. The shares were sold at an average price of $479.39, for a total transaction of $7,605,522.35. Following the completion of the sale, the chief executive officer now directly owns 205,934 shares of the company’s stock, valued at $98,722,700.26. The disclosure for this sale can be found here. Insiders sold 51,535 shares of company stock valued at $25,429,582 in the last 90 days. 2.00% of the stock is currently owned by insiders.

Shares of ZBRA stock opened at $485.31 on Thursday. The company has a current ratio of 0.79, a quick ratio of 0.42 and a debt-to-equity ratio of 0.55. The firm has a fifty day moving average price of $481.07 and a 200 day moving average price of $385.79. The company has a market cap of $25.95 billion, a P/E ratio of 53.39 and a beta of 1.54. Zebra Technologies Co. has a 12 month low of $192.23 and a 12 month high of $516.78.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings data on Wednesday, February 10th. The industrial products company reported $4.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.80 by $0.66. Zebra Technologies had a net margin of 11.41% and a return on equity of 34.83%. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter in the prior year, the firm posted $3.56 earnings per share. On average, equities analysts forecast that Zebra Technologies Co. will post 10.36 EPS for the current year.

Several research firms have recently commented on ZBRA. Northcoast Research raised shares of Zebra Technologies from a “neutral” rating to a “buy” rating and set a $560.00 price target on the stock in a research report on Monday, March 29th. Needham & Company LLC lifted their price target on shares of Zebra Technologies from $445.00 to $515.00 and gave the company a “buy” rating in a research report on Friday, February 12th. Zacks Investment Research raised shares of Zebra Technologies from a “hold” rating to a “buy” rating and set a $574.00 price target on the stock in a research report on Friday, February 26th. Morgan Stanley lifted their price target on shares of Zebra Technologies from $335.00 to $380.00 and gave the company an “equal weight” rating in a research report on Friday, February 12th. Finally, William Blair reissued a “market perform” rating on shares of Zebra Technologies in a research report on Friday, February 19th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $387.67.

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, which produce labels, wristbands, tickets, receipts, and plastic cards; RFID printers and encoders; accessories and options for its printers, including 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, as well as self-laminating wristbands for use in laser printers.

Featured Article: What is the significance of the death cross?

Want to see what other hedge funds are holding ZBRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zebra Technologies Co. (NASDAQ:ZBRA).

Institutional Ownership by Quarter for Zebra Technologies (NASDAQ:ZBRA)

Receive News & Ratings for Zebra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zebra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.