Economy

Zions Bancorporation 6.95% Fixe (NYSE:ZBK) Experiences Lighter than Average Trading Volume

Company insiders own 2.06% of the company's stock. About 506,334 shares traded.

The Return on Invested Capital (aka ROIC) for Zions Bancorporation (NasdaqGS:ZION) is 0.014345. Analysts expect next quarter's EPS will be $0.75 with next year's EPS anticipated to be $3.17. The stock increased 0.46% or $0.22 on October 6, reaching $47.88.

Zions Bancorporation (NASDAQ:ZION) was up +0.46% ($0.22) to $47.88 and showed a volume of 2.32 mln shares. It has outperformed by 32.15% the S&P500. The firm has a market cap of $8.14 billion, a P/E ratio of 18.08 and a beta of 1.47. The Firm conducts its banking activities through separately managed and branded divisions, including Zions Bank, Amegy Bank, California Bank & Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, The Commerce Bank of Washington (TCBW) and Other. In addition, the company offers commercial and retail banking, and mortgage lending products and services; and personal banking services to individuals, including home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, trust services, safe deposit facilities, direct deposits, and Internet and mobile banking services.

Investors sentiment increased to 1.09 in Q2 2017. Its up 0.13, from 0.96 in 2017Q1. It is positive, as 57 investors sold Zions Bancorp shares while 130 reduced holdings.

A number of hedge funds and other institutional investors have recently modified their holdings of ZION. Dynamic Technology Lab Private Ltd now owns 7,700 shares of the bank's stock worth $323,000 after acquiring an additional 195 shares in the last quarter.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) has became attention seeker from the inquisitor when it experienced a change of -3.50%, When the opening bell rang, the price was $50.43.Whereas, in last 21 trading days was 13.72% and moved up in last 63 trading days of 7.76%. 23,620 are held by Cambridge Inv Research Advsr. The value of the investment in Zions Bancorporation went from $6,300,000 to $4,672,000 a change of 25.8% quarter over quarter. Cetera Advisor Network Lc reported 15,174 shares. The Texas-based Wfg LP has invested 0% in Zions Bancorp (NASDAQ:ZION). BidaskClub raised Zions Bancorporation from a "hold" rating to a "buy" rating in a research report on Tuesday, June 13th. LLC increased its position in Zions Bancorporation by 340.4% in the first quarter. Fjarde Ap invested in 61,878 shares.

COPYRIGHT VIOLATION WARNING: "Zions Bancorporation (ZION) Expected to Post Earnings of $0.72 Per Share" was first published by StockNewsTimes and is the sole property of of StockNewsTimes. Americafirst Capital Management LLC bought a new position in Zions Bancorporation during the second quarter valued at about $175,000. Twin Tree Mngmt LP accumulated 0.01% or 35,683 shares. 886 are owned by Mcf Advsrs Ltd Llc. Gulf Comml Bank (Uk) stated it has 0.04% of its portfolio in Zions Bancorp (NASDAQ:ZION). Another trade for 12,000 shares valued at $480,910 was sold by STEPHENS STEVEN DAN. It also reduced its holding in Wsfs Finl Corp (NASDAQ:WSFS) by 104,100 shares in the quarter, leaving it with 62,500 shares, and cut its stake in Sun Bancorp Inc (NASDAQ:SNBC). The correct version of this report can be accessed at https://stocknewstimes.com/2017/10/07/zions-bancorporation-zion-expected-to-post-earnings-of-0-72-per-share.html. Finally, FIG Partners upped their price objective on shares of Zions Bancorporation from $49.00 to $50.00 and gave the company an "outperform" rating in a research note on Monday, July 3rd. Therefore 46% are positive. Over the 52-week time span, the stock notched a high price of $48.33 and its minimum price was $30.07. Zions Bancorporation presently has an average rating of "Hold" and an average price target of $46.71.

06/16/2017 - Zions Bancorporation had its "overweight" rating reiterated by analysts at Barclays. The rating was maintained by Piper Jaffray on Tuesday, July 25 with "Hold". The stock has "Neutral" rating by Piper Jaffray on Tuesday, November 24. The ex-dividend date was set for Tuesday the 15th of August 2017.

PM's shares were trading -9.94% below from the 52-week high price mark of $123.55 and 28.22% above from the 52-week price bottom of $86.78. The rating was upgraded by Bernstein on Wednesday, August 26 to "Outperform". 51 funds opened positions while 236 raised stakes. Companies may issue new shares and buy back their own shares. Peoples Financial Ser Corp reported 100 shares. Northern Tru reported 1.14M shares stake. Thrivent Financial For Lutherans has 4.23M shares for 0.77% of their portfolio. Gradient Invs Ltd Liability Co has invested 0% in Copart, Inc. Investors may use Price to Book to display how the market portrays the value of a stock. Hutchin Hill Limited Partnership holds 10,319 shares. (NASDAQ:CPRT). Timber Hill Limited Co, Connecticut-based fund reported 6,345 shares. Breton Hill Capital Ltd has invested 0.13% in O'Reilly Automotive Inc (NASDAQ:ORLY). Washington owns 2,155 shares or 0.03% of their USA portfolio. OREILLY DAVID E had sold 25,000 shares worth $6.26 million. Another trade for 600 shares valued at $148,065 was sold by MURPHY JOHN RAYMOND.

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