Economy

Zions Bancorporation (NASDAQ:ZION) Rating Reiterated by Keefe, Bruyette & Woods

The stock declined 1.28% or $0.58 reaching $44.62 per share. Mason Street Advisors LLC now owns 27,973 shares of the bank's stock valued at $1,175,000 after buying an additional 105 shares during the period. Hca Holdings Inc now has $31.81B valuation.

The SMA20 for the stock is at 4.32 percent, SMA50 stands at 8.57 percent, while SMA200 is 12.37 Percent. About 774,757 shares traded. RARE was included in 2 notes of analysts from November 14, 2016.

Municipal Employees Retirement System of MI held its stake in shares of Zions Bancorporation (NASDAQ:ZION) during the first quarter, according to its most recent filing with the Securities and Exchange Commission.

Zions Bancorporation (ZION) shares are up 0.11% for the week and that has got investors and traders sitting up and taking note. Finally, Wetherby Asset Management Inc. acquired a new stake in shares of Zions Bancorporation during the fourth quarter worth about $202,000.

Zions Bancorporation, launched on April 25, 1955, is a financial holding company. (P) stock showed the move of 3.89% with the closing price of $9.09. The average volume stands around 3.02 million shares. Zions Bancorp (NASDAQ:ZION) has risen 48.85% since July 13, 2016 and is uptrending. Investors measure stock performance on the basis of a company's earnings power. Plumas Bancorp (NASDAQ:PLBC) was raised too. The bank reported $0.61 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.54 by $0.07. ZION's profit will be $122.52 million for 18.43 P/E if the $0.61 EPS becomes a reality. After $0.61 actual EPS reported by Zions Bancorp for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

This increase is typical for the uptrend and shows the considerable optimism among investors.

On the other hand, Viking Therapeutics, Inc.by far traveled 24.31% versus a 1-year low price of $0.9. 82 funds opened positions while 119 raised stakes. The investment professionals in our partner's database now possess: 183.25 million shares, up from 173.35 million shares in 2016Q3. Cibc Ww Markets Corporation reported 13,974 shares. Bancorp Of New York Mellon has 1.69 million shares. Axa holds 571,314 shares or 0.12% of its portfolio. Equities research analysts anticipate that Zions Bancorporation will post $2.60 EPS for the current fiscal year. Nomura invested 0% of its portfolio in Zions Bancorp (NASDAQ:ZION). During the same period in the prior year, the firm posted $0.38 earnings per share.

At the session level, shares of NVR, Inc. Lederer And Associate Counsel Ca holds 0.52% in Zions Bancorp (NASDAQ:ZION) or 12,175 shares. Voya Inv Mgmt Ltd has invested 0.01% in Zions Bancorp (NASDAQ:ZION). Envestnet Asset Inc stated it has 15,522 shares or 0% of all its holdings.

Press coverage about Zions Bancorporation (NASDAQ:ZION) has trended somewhat positive this week, according to Accern Sentiment. Da Davidson And has invested 0% of its portfolio in Zions Bancorp (NASDAQ:ZION). King Luther Cap Mgmt invested in 0.58% or 1.43 million shares.

ZION has been the topic of a number of research analyst reports. Therefore 42% are positive. On November 16 the company was downgraded from "Neutral" to "Equal-Weight" in a report issued by Bernstein. Finally, Goldman Sachs Group, Inc. Zacks has "Hold" rating and $32 target. Barclays Capital upgraded the stock to "Overweight" rating in Tuesday, August 18 report. The market capitalization of the company is at $9.2 Billion. Zacks Investment Research lowered Zions Bancorporation from a "buy" rating to a "hold" rating in a research report on Friday, July 7th. Zions Bancorporation has an average rating of "Hold" and a consensus target price of $43.00. The rating was maintained by Baader Wertpapierhandelsbank with "Hold" on Wednesday, March 16.

Since January 26, 2017, it had 0 buys, and 19 selling transactions for $7.20 million activity. Following the transaction, the general counsel now directly owns 25,901 shares of the company's stock, valued at $1,066,085.16.

In other news, insider Leeanne B. Linderman sold 29,078 shares of Zions Bancorporation stock in a transaction that occurred on Monday, May 8th. Insiders have sold 46,184 shares of company stock valued at $1,880,815 in the last three months. Maio Keith D had sold 20,624 shares worth $900,486 on Thursday, January 26. ALEXANDER BRUCE K sold $162,236 worth of Zions Bancorp (NASDAQ:ZION) on Wednesday, February 15. On Thursday, January 26 the insider LAURSEN THOMAS E sold $75,081. Hall Charles J had sold 100,000 shares worth $8.38M on Friday, February 3. The insider Reilly Joseph L. sold $481,777. The insider FRIST PATRICIA C bought 361,205 shares worth $30.00 million. Analysts rating the company a 1 or 2 indicate a Buy recommendation. Perkins Investment Limited reported 28,485 shares. RBC Capital Markets has "Sector Perform" rating and $129 target. BMO Capital Markets restated a "hold" rating and issued a $46.00 target price on shares of Zions Bancorporation in a research note on Wednesday, March 22nd. On Monday, October 26 the stock rating was maintained by Oppenheimer with "Outperform". The firm earned "Hold" rating on Tuesday, April 26 by Evercore. The rating was upgraded by DZ BANK on Tuesday, August 23 to "Buy". Vetr has "Buy" rating and $99.90 target.



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