Zions Bancorporation (ZION) EPS Estimated At $0.92

June 22, 2018 - By Michael Collier

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.14, from 1.07 in 2017Q4. It worsened, as 37 investors sold Zions Bancorporation shares while 165 reduced holdings. 66 funds opened positions while 122 raised stakes. 179.96 million shares or 1.09% less from 181.93 million shares in 2017Q4 were reported.
Hennessy Advisors Incorporated holds 0.07% of its portfolio in Zions Bancorporation (NASDAQ:ZION) for 40,000 shares. Bluemar Mgmt Ltd Com owns 91,582 shares for 2.09% of their portfolio. Sumitomo Mitsui Hldgs owns 589,767 shares. Srb holds 0.03% or 3,818 shares. Old Mutual Customised Solutions (Proprietary) Limited holds 8,100 shares. Public Employees Retirement Association Of Colorado has 37,589 shares. Gulf Bancorporation (Uk) reported 0.04% of its portfolio in Zions Bancorporation (NASDAQ:ZION). Guardian Life Insur Co Of America invested in 0% or 459 shares. Amp Cap Invsts Limited owns 171,565 shares. Creative Planning reported 0.01% in Zions Bancorporation (NASDAQ:ZION). Salem Investment Counselors Inc holds 0% of its portfolio in Zions Bancorporation (NASDAQ:ZION) for 100 shares. Glenmede Trust Na holds 0.01% of its portfolio in Zions Bancorporation (NASDAQ:ZION) for 49,678 shares. Brinker invested in 33,349 shares. Raymond James Fincl Ser Advisors reported 14,937 shares. Majedie Asset Mngmt Limited reported 98,417 shares stake.

Since January 31, 2018, it had 0 buys, and 18 insider sales for $6.01 million activity. On Monday, April 30 MCLEAN SCOTT J sold $648,082 worth of Zions Bancorporation (NASDAQ:ZION) or 11,809 shares. The insider BLACKFORD DAVID E sold $359,924. 1,400 shares were sold by LAURSEN THOMAS E, worth $77,238 on Friday, April 27. 7,100 shares valued at $389,577 were sold by STEPHENS STEVEN DAN on Monday, February 26. Linderman LeeAnne B sold $159,120 worth of stock. 10,000 shares were sold by Morris Michael, worth $551,754.

Analysts expect Zions Bancorporation (NASDAQ:ZION) to report $0.92 EPS on July, 24.They anticipate $0.19 EPS change or 26.03 % from last quarter’s $0.73 EPS. ZION’s profit would be $181.35M giving it 15.36 P/E if the $0.92 EPS is correct. After having $1.09 EPS previously, Zions Bancorporation’s analysts see -15.60 % EPS growth. The stock increased 0.61% or $0.34 during the last trading session, reaching $56.51. About 1.62 million shares traded. Zions Bancorporation (NASDAQ:ZION) has risen 39.55% since June 22, 2017 and is uptrending. It has outperformed by 26.98% the S&P500.

Zions Bancorporation (NASDAQ:ZION) Ratings Coverage

Among 21 analysts covering Zions Bancorp (NASDAQ:ZION), 14 have Buy rating, 1 Sell and 6 Hold. Therefore 67% are positive. Zions Bancorp had 37 analyst reports since January 2, 2018 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Monday, April 23. FBR Capital maintained the stock with “Buy” rating in Tuesday, February 27 report. The stock has “Buy” rating by Keefe Bruyette & Woods on Wednesday, April 4. As per Tuesday, January 23, the company rating was maintained by Bernstein. Jefferies maintained Zions Bancorporation (NASDAQ:ZION) on Monday, April 23 with “Buy” rating. Barclays Capital maintained the shares of ZION in report on Tuesday, April 24 with “Overweight” rating. The rating was maintained by FBR Capital on Monday, March 5 with “Buy”. SunTrust maintained the stock with “Buy” rating in Monday, January 8 report. The rating was maintained by Sandler O’Neill on Tuesday, April 24 with “Buy”. BMO Capital Markets maintained it with “Hold” rating and $5700 target in Monday, April 23 report.

Zions Bancorporation, a financial holding company, provides a range of banking and related services primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company has market cap of $11.14 billion. The firm offers community banking services, such as 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; and residential mortgage servicing and lending. It has a 18.34 P/E ratio. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services.

More recent Zions Bancorporation (NASDAQ:ZION) news were published by: Seekingalpha.com which released: “US’s largest banks would be able to lend in `severe’ global recession: Fed” on June 21, 2018. Also Prnewswire.com published the news titled: “Zions Bancorporation Announces 2018 Stress Test Results” on June 21, 2018. Fool.com‘s news article titled: “3 Top Bank Stocks to Buy in June” with publication date: June 06, 2018 was also an interesting one.

Zions Bancorporation (NASDAQ:ZION) Institutional Positions Chart

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