Zions Bancorp (ZION) Analysts See $0.62 EPS

July 19, 2017 - By Hazel Jackson

 Zions Bancorp (ZION) Analysts See $0.62 EPS
Investors sentiment increased to 1.23 in 2016 Q4. Its up 0.10, from 1.13 in 2016Q3. It increased, as 38 investors sold Zions Bancorp shares while 125 reduced holdings. 82 funds opened positions while 119 raised stakes. 183.25 million shares or 5.71% more from 173.35 million shares in 2016Q3 were reported.
Virginia Retirement Et Al owns 26,200 shares. Nomura Asset Management Ltd holds 4,030 shares. Kcg reported 50,185 shares stake. Nordea Mngmt Ab has invested 0% of its portfolio in Zions Bancorp (NASDAQ:ZION). Ejf Cap Ltd Liability Corporation holds 5.27% of its portfolio in Zions Bancorp (NASDAQ:ZION) for 1.64 million shares. Cibc Mkts Incorporated reported 8,413 shares stake. Sei Invs holds 330,500 shares or 0.07% of its portfolio. Moreover, Pub Employees Retirement Association Of Colorado has 0.01% invested in Zions Bancorp (NASDAQ:ZION). Metropolitan Life Insur Ny has invested 0.03% in Zions Bancorp (NASDAQ:ZION). Envestnet Asset, Illinois-based fund reported 15,522 shares. Engineers Gate Manager L P reported 0.04% stake. Forest Hill Limited Company owns 180,000 shares for 2.5% of their portfolio. Cetera Advisor Netwr Ltd Liability Corp invested in 13,174 shares or 0.03% of the stock. Suntrust Banks reported 16,782 shares. Massmutual Com Fsb Adv stated it has 0% in Zions Bancorp (NASDAQ:ZION).

Since January 26, 2017, it had 0 insider purchases, and 19 insider sales for $7.20 million activity. Another trade for 1,740 shares valued at $75,081 was sold by LAURSEN THOMAS E. Shares for $321,091 were sold by Young Mark Richard. On Monday, May 8 Linderman LeeAnne B sold $1.19M worth of Zions Bancorp (NASDAQ:ZION) or 29,078 shares. On Wednesday, May 31 the insider BLACKFORD DAVID E sold $82,791. 12,000 Zions Bancorp (NASDAQ:ZION) shares with value of $480,910 were sold by STEPHENS STEVEN DAN. On Monday, January 30 WILLIAMS SHELLEY THOMAS sold $1.10 million worth of Zions Bancorp (NASDAQ:ZION) or 26,127 shares. The insider Haun Dallas E sold 5,113 shares worth $220,632.

Analysts expect Zions Bancorp (NASDAQ:ZION) to report $0.62 EPS on July, 25 after the close.They anticipate $0.18 EPS change or 40.91 % from last quarter’s $0.44 EPS. ZION’s profit would be $124.90M giving it 17.73 P/E if the $0.62 EPS is correct. After having $0.61 EPS previously, Zions Bancorp’s analysts see 1.64 % EPS growth. The stock decreased 0.23% or $0.1 during the last trading session, reaching $43.98. About 1.61M shares traded. Zions Bancorp (NASDAQ:ZION) has risen 48.85% since July 20, 2016 and is uptrending. It has outperformed by 32.15% the S&P500.

Zions Bancorp (NASDAQ:ZION) Ratings Coverage

Among 24 analysts covering Zions Bancorporation (NASDAQ:ZION), 10 have Buy rating, 0 Sell and 14 Hold. Therefore 42% are positive. Zions Bancorporation had 77 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Jefferies given on Monday, November 28. The firm has “Mkt Perform” rating by FBR Capital given on Friday, December 2. The firm has “Positive” rating given on Tuesday, June 7 by Susquehanna. On Tuesday, November 24 the stock rating was initiated by Piper Jaffray with “Neutral”. The rating was downgraded by Bernstein to “Mkt Perform” on Wednesday, November 16. The firm earned “Overweight” rating on Friday, October 9 by Barclays Capital. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Wednesday, November 16 report. Barclays Capital upgraded it to “Overweight” rating and $40 target in Tuesday, August 18 report. FBR Capital upgraded it to “Outperform” rating and $49 target in Tuesday, December 20 report. The firm has “Overweight” rating by JP Morgan given on Thursday, January 5.

Zions Bancorporation is a financial holding company. The company has market cap of $8.86 billion. 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. It has a 19.82 P/E ratio. It focuses on providing community banking services through its business lines, including small and medium-sized business and corporate banking; commercial and residential development, construction and term lending; retail banking; treasury cash management and related services and products; residential mortgage servicing and lending; trust and wealth management; limited capital markets activities, including municipal finance advisory and underwriting, and investment activities.

More notable recent Zions Bancorp (NASDAQ:ZION) news were published by: Gurufocus.com which released: “Fruth Investment Management Buys Gorman-Rupp Co, Zions Bancorp, Baker Hughes …” on July 18, 2017, also Nasdaq.com with their article: “Capital One, National Association Buys Zions Bancorp, iShares Core S&P Small …” published on July 10, 2017, Prnewswire.com published: “Technical Snapshots for These Banking Stocks — Zions Bancorp, Umpqua, Banc of …” on July 17, 2017. More interesting news about Zions Bancorp (NASDAQ:ZION) were released by: Investorplace.com and their article: “Best Stocks of 2017: Zions Bancorp (ZION) Stock May Find Nirvana This Year” published on July 07, 2017 as well as Streetinsider.com‘s news article titled: “Zions Bancorp (ZION): Expectations Are High But ZION Stands Out – Piper Jaffray” with publication date: July 11, 2017.

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