Saturday, August 13, 2016

Metropolitan existence coverage Co. new york Sells 2,159 Shares of Zions Bancorp (ZION)

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Metropolitan life coverage Co. big apple reduced its stake in shares of Zions Bancorp (NASDAQ:ZION) via 2.0% during the primary quarter, Holdings Channel reviews. The company owned 107,673 shares of the business's inventory after selling 2,159 shares right through the period. Metropolitan life coverage Co. ny owned 0.05% of Zions Bancorp price $2,607,000 on the end of probably the most fresh reporting period.

a few different institutional traders have additionally lately bought and offered shares of the enterprise. Wellington management group LLP raised its place in Zions Bancorp with the aid of four.9% within the first quarter. Wellington administration community LLP now owns 9,one hundred fifteen,604 shares of the company's inventory worth $220,689,000 after purchasing an additional 429,375 shares during the last quarter. BlackRock Institutional trust company N.A. raised its place in Zions Bancorp by using 0.8% within the first quarter. BlackRock Institutional have confidence company N.A. now owns 5,371,029 shares of the enterprise's inventory worth $a hundred thirty,033,000 after purchasing an further 43,881 shares all over the closing quarter. JPMorgan Chase & Co. raised its place in Zions Bancorp through 109.three% within the first quarter. JPMorgan Chase & Co. now owns 5,031,900 shares of the company's stock value $121,823,000 after purchasing an additional 2,6 28,142 shares all the way through the last quarter. Thrivent monetary For Lutherans raised its place in Zions Bancorp with the aid of 10.3% in the fourth quarter. Thrivent economic For Lutherans now owns 4,313,821 shares of the company's inventory worth $117,768,000 after buying an additional 402,870 shares all through the closing quarter. finally, Dimensional Fund Advisors LP raised its place in Zions Bancorp via 2.three% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,084,867 shares of the enterprise's stock value $111,518,000 after buying an additional 91,850 shares right through the closing quarter.

Shares of Zions Bancorp (NASDAQ:ZION) traded down 0.50% on Friday, reaching $28.14. 1,530,680 shares of the business's stock traded arms. The firm has a market capitalization of $5.77 billion and a P/E ratio of sixteen.96. Zions Bancorp has a 52 week low of $19.sixty five and a fifty two week excessive of $31.18. The company's 50 day moving common is $26.30 and its 200 day moving regular is $25.34.

Zions Bancorp (NASDAQ:ZION) ultimate announced its quarterly earnings records on Tuesday, July 26th. The company mentioned $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 through $0.03. all the way through the identical duration within the old year, the enterprise posted $0.41 income per share. Analysts expect that Zions Bancorp will put up $1.eighty four earnings per share for the existing fiscal yr.

The business additionally lately disclosed a quarterly dividend, which could be paid on Thursday, August 25th. Shareholders of listing on Thursday, August 18th should be issued a $0.08 dividend. here is a rise from Zions Bancorp's outdated quarterly dividend of $0.06. The ex-dividend date is Tuesday, August sixteenth. This represents a $0.32 dividend on an annualized groundwork and a yield of 1.14%.

a number of analysis organisations have weighed in on ZION. Deutsche bank AG reiterated a "grasp" score on shares of Zions Bancorp in a research record on Sunday, may also twenty second. JPMorgan Chase & Co. reiterated a "dangle" score on shares of Zions Bancorp in a research record on Saturday, July 9th. Vetr upgraded shares of Zions Bancorp from a "promote" score to a "grasp" rating and set a $26.45 fee goal for the enterprise in a analysis record on Tuesday, August 2nd. Robert W. Baird reiterated a "cling" score on shares of Zions Bancorp in a research record on Tuesday, April twenty sixth. finally, Piper Jaffray Cos. upgraded shares of Zions Bancorp from a "neutral" ranking to an "obese" ranking and set a $29.00 price goal for the company in a analysis record on Thursday, July seventh. They mentioned that the movement became a valuation call. One investment analyst has rated the inventory with a promote rating, eleven have issued a grasp sc ore, twelve have given a purchase ranking and one has assigned a powerful purchase rating to the enterprise. The business at the moment has a consensus rating of "purchase" and a regular goal cost of $31.21.

In other news, EVP Michael Morris offered eight,634 shares of Zions Bancorp inventory in a transaction on Friday, may twenty seventh. The inventory was bought at an ordinary cost of $27.87, for a total transaction of $240,629.fifty eight. Following the transaction, the government vice chairman now owns 26,409 shares within the business, valued at about $736,018.83. The transaction become disclosed in a legal submitting with the SEC, which may also be accessed via this hyperlink. also, insider Steven Dan Stephens offered 10,000 shares of Zions Bancorp stock in a transaction on Friday, might also 20th. The inventory became bought at an ordinary expense of $27.09, for a complete price of $270,900.00. Following the transaction, the insider now owns ninety three,756 shares within the business, valued at approximately $2,539,850.04. The disclosure for this sale will also be found right here.

Zions Bancorporation is a economic retaining business. The business operates through seven segments: Zions bank, Amegy financial institution, California bank & have faith, national bank of Arizona, Nevada State bank, Vectra financial institution Colorado and The Commerce bank of Washington. It makes a speciality of offering group banking capabilities and its core enterprise lines are small and medium-sized enterprise and company banking; industrial and residential building, development and term lending; retail banking; treasury money administration and linked products and functions; residential mortgage servicing and lending; have faith and wealth management; confined capital markets activities, including municipal finance advisory and underwriting, and funding actions.

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