American Century Companies Inc. now owns 6,598,091 shares of the bank’s stock worth $277,120,000 after buying an additional 684,015 shares during the period. About shares traded. Zions Bancorp (NASDAQ:ZION) has risen 48.85% since September 8, 2016 and is uptrending. It has outperformed by 32.15% the S&P500. Toronto Dominion Bank now owns 68,639 shares of the bank’s stock valued at $3,013,000 after buying an additional 16,229 shares during the period. This is a positive change from Zions Bancorporation’s previous quarterly dividend of $0.08. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.13%.
About 393,809 shares traded. It has outperformed by 0.16% the S&P500.
Municipal Employees Retirement System of MI lowered its holdings in Zions Bancorporation (NASDAQ:ZION) by 71.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. Therefore 46% are positive. The company was downgraded on Tuesday, November 22 by Macquarie Research. The sales growth rate helps investors determine how strong the overall growth-orientation is for a stock or portfolio. The rating was downgraded by Susquehanna on Thursday, December 1 to “Neutral”. Compass Point upgraded Zions Bancorp (NASDAQ:ZION) on Thursday, March 30 to “Buy” rating. Telsey Advisory Group initiated it with “Outperform” rating and $29 target in Tuesday, September 29 report. The company was maintained on Thursday, June 15 by Jefferies. At recent closing price of $41.33, ZION has a chance to add $8.46 or 20.47% in 52 weeks, based on mean target price ($49.79) placed by analysts.The analyst consensus opinion of 2.3 looks like a hold. The institutional investor owned 960,413 shares of the bank’s stock after selling 307,506 shares during the period. Its up 0.13, from 0.96 in 2016Q3. The original version of this news story can be read at https://www.truebluetribune.com/2017/09/07/municipal-employees-retirement-system-of-michigan-sells-16390-shares-of-zions-bancorporation-zion.html. Oregon Public Employees Retirement Fund grew its position in Zions Bancorporation by 1.9% during the 1st quarter. The hedge funds in our partner’s database reported: 11.98 million shares, down from 12.35 million shares in 2016Q3.
Zions Bancorporation (ZION) is an interesting player in the Financial space, with a focus on Regional – Pacific Banks. Louisiana State Employees Retirement Sys owns 12,800 shares or 0.03% of their U.S. portfolio. Sterling Ltd Com has invested 0.01% of its portfolio in Zions Bancorp (NASDAQ:ZION). Baird cut shares of Zions Bancorporation from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $46.12 to $43.00 in a report on Monday, August 7th. Amer Interest Gp holds 73,641 shares.
Zions Bancorporation’s ROA is 0%, while industry’s average is 4.01%.
Are Zions Bancorporation (NASDAQ:ZION) Earnings Growing Rapidly? Natixis holds 205,584 shares. Centre Asset Limited Com reported 142,210 shares. Lpl Fincl Limited has 0.01% invested in Zions Bancorp (NASDAQ:ZION) for 17,122 shares. Zions Bancorporation’s payout ratio is now 19.12%. Tocqueville Asset Mgmt Limited Partnership has 192,000 shares for 0.06% of their portfolio. Zions Bancorporation accounts for 0.8% of Systematic Financial Management LP’s investment portfolio, making the stock its 26th biggest holding. 250 are owned by Huntington Bancshares. Moreover, Ejf Capital Llc has 5.27% invested in the company for 1.64 million shares. Vanguard Scottsdale Fds (VCSH) was reduced too.
Also, insider Dianne R. James sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 16th. LAURSEN THOMAS E had sold 860 shares worth $35,398 on Monday, May 8. Stieven Capital Advisors Lp sold 10,600 shares as Zions Bancorporation (ZION)’s stock declined 10.19%. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have issued a buy rating on the company.
In other news, insider David E. Blackford sold 9,533 shares of the firm’s stock in a transaction that occurred on Friday, July 28th. Alliancebernstein L.P. lifted its holdings in Zions Bancorporation by 2.9% in the 1st quarter. Corporate insiders own 1.46% of the company’s stock. Insiders have sold a total of 27,118 shares of company stock worth $1,222,407 over the last 90 days. On Wednesday, March 15 CORASANTI JOSEPH J bought $334,947 worth of II-VI, Inc. (NASDAQ:WLDN) for 87,300 shares. $410,649 worth of II-VI, Inc. Davenport Lc holds 5,894 shares. Therefore 100% are positive. UEIC was included in 9 notes of analysts from August 7, 2015. The rating was downgraded by Zacks on Thursday, August 6 to “Hold”. As per Monday, November 7, the company rating was upgraded by B. Riley & Co. The stock of Zions Bancorp (NASDAQ:ZION) has “Mkt Perform” rating given on Tuesday, October 25 by Keefe Bruyette & Woods. The stock has “Overweight” rating by JP Morgan on Thursday, January 5. The rating was maintained by Benchmark on Wednesday, June 21 with “Buy”. The firm earned “Buy” rating on Tuesday, January 24 by Benchmark. The stock has “Underweight” rating by Barclays Capital on Friday, June 24.
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