Zebra Technologies Co. (NASDAQ:ZBRA) Stock Holdings Raised by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRAFree Report) by 7.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 51,390 shares of the industrial products company’s stock after purchasing an additional 3,383 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Zebra Technologies were worth $12,977,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Wealthfront Advisers LLC grew its position in shares of Zebra Technologies by 328.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 10,393 shares of the industrial products company’s stock worth $2,458,000 after acquiring an additional 7,970 shares in the last quarter. New Mexico Educational Retirement Board boosted its holdings in Zebra Technologies by 3.9% in the third quarter. New Mexico Educational Retirement Board now owns 2,650 shares of the industrial products company’s stock worth $627,000 after purchasing an additional 100 shares during the period. Daiwa Securities Group Inc. increased its stake in Zebra Technologies by 2.4% during the third quarter. Daiwa Securities Group Inc. now owns 5,375 shares of the industrial products company’s stock valued at $1,271,000 after purchasing an additional 128 shares during the last quarter. Empirical Finance LLC raised its holdings in shares of Zebra Technologies by 11.1% during the third quarter. Empirical Finance LLC now owns 1,725 shares of the industrial products company’s stock worth $408,000 after purchasing an additional 173 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Zebra Technologies by 27.5% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,597 shares of the industrial products company’s stock worth $378,000 after buying an additional 344 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Price Performance

Shares of NASDAQ ZBRA opened at $317.89 on Friday. The stock has a market cap of $16.35 billion, a P/E ratio of 63.07 and a beta of 1.76. The firm’s 50-day simple moving average is $296.15 and its 200 day simple moving average is $265.15. Zebra Technologies Co. has a fifty-two week low of $194.59 and a fifty-two week high of $325.11. The company has a quick ratio of 0.56, a current ratio of 0.99 and a debt-to-equity ratio of 0.57.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last released its earnings results on Tuesday, April 30th. The industrial products company reported $2.84 EPS for the quarter, beating the consensus estimate of $2.13 by $0.71. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Zebra Technologies had a net margin of 5.99% and a return on equity of 13.05%. Zebra Technologies’s quarterly revenue was down 16.4% on a year-over-year basis. During the same quarter last year, the company earned $3.59 EPS. Equities analysts expect that Zebra Technologies Co. will post 10.47 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. StockNews.com raised shares of Zebra Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, May 2nd. Stephens upped their target price on Zebra Technologies from $335.00 to $380.00 and gave the company an “overweight” rating in a report on Wednesday, May 1st. Barclays started coverage on Zebra Technologies in a report on Tuesday, April 2nd. They issued an “equal weight” rating and a $292.00 price target on the stock. Robert W. Baird upped their price objective on Zebra Technologies from $312.00 to $330.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. Finally, TD Cowen raised their target price on Zebra Technologies from $300.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Two research analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Zebra Technologies has an average rating of “Hold” and a consensus target price of $312.27.

View Our Latest Research Report on ZBRA

Insiders Place Their Bets

In other Zebra Technologies news, insider Michael Cho sold 1,657 shares of the company’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $320.51, for a total value of $531,085.07. Following the completion of the sale, the insider now directly owns 3,809 shares of the company’s stock, valued at approximately $1,220,822.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Zebra Technologies news, CAO Colleen M. O’sullivan sold 135 shares of the business’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $279.36, for a total transaction of $37,713.60. Following the sale, the chief accounting officer now directly owns 5,543 shares of the company’s stock, valued at approximately $1,548,492.48. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michael Cho sold 1,657 shares of the firm’s stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $320.51, for a total value of $531,085.07. Following the completion of the sale, the insider now directly owns 3,809 shares of the company’s stock, valued at approximately $1,220,822.59. The disclosure for this sale can be found here. 1.06% of the stock is currently owned by insiders.

Zebra Technologies Company Profile

(Free Report)

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

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