Empirical Finance LLC purchased a brand new stake in shares of Zions Bancorporation, Nationwide Affiliation (NASDAQ:ZION – Get Rating) within the third quarter, in line with the corporate in its most up-to-date 13F submitting with the Securities and Change Fee (SEC). The fund purchased 3,939 shares of the financial institution’s inventory, valued at roughly $200,000.
Different massive traders have additionally modified their holdings of the corporate. Banco Bilbao Vizcaya Argentaria S.A. boosted its place in shares of Zions Bancorporation, Nationwide Affiliation by 0.8% through the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 38,265 shares of the financial institution’s inventory valued at $1,948,000 after shopping for a further 315 shares through the interval. Federated Hermes Inc. boosted its place in shares of Zions Bancorporation, Nationwide Affiliation by 2.9% through the second quarter. Federated Hermes Inc. now owns 55,138 shares of the financial institution’s inventory valued at $2,806,000 after shopping for a further 1,553 shares through the interval. Janney Montgomery Scott LLC bought a brand new stake in shares of Zions Bancorporation, Nationwide Affiliation within the third quarter valued at roughly $256,000. Rhumbline Advisers boosted its holdings in shares of Zions Bancorporation, Nationwide Affiliation by 4.9% within the second quarter. Rhumbline Advisers now owns 348,079 shares of the financial institution’s inventory valued at $17,717,000 after buying a further 16,355 shares through the interval. Lastly, Nordea Funding Administration AB boosted its holdings in shares of Zions Bancorporation, Nationwide Affiliation by 135.5% within the second quarter. Nordea Funding Administration AB now owns 72,611 shares of the financial institution’s inventory valued at $3,636,000 after buying a further 41,783 shares through the interval. Hedge funds and different institutional traders personal 81.86% of the corporate’s inventory.
Zions Bancorporation, Nationwide Affiliation Value Efficiency
NASDAQ ZION opened at $53.37 on Friday. The corporate has a debt-to-equity ratio of 0.15, a present ratio of 0.73 and a fast ratio of 0.72. The inventory’s fifty day transferring common value is $49.73 and its 200 day transferring common value is $52.23. Zions Bancorporation, Nationwide Affiliation has a 1 12 months low of $45.21 and a 1 12 months excessive of $75.44. The corporate has a market cap of $7.99 billion, a price-to-earnings ratio of 9.20, a PEG ratio of 0.33 and a beta of 1.15.
Zions Bancorporation, Nationwide Affiliation (NASDAQ:ZION – Get Rating) final launched its earnings outcomes on Monday, January twenty third. The financial institution reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.18. Zions Bancorporation, Nationwide Affiliation had a return on fairness of 18.36% and a web margin of 27.18%. The agency had income of $988.00 million for the quarter, in comparison with the consensus estimate of $873.05 million. Throughout the identical interval within the prior 12 months, the agency earned $1.34 EPS. As a bunch, equities analysis analysts forecast that Zions Bancorporation, Nationwide Affiliation will put up 6.47 earnings per share for the present 12 months.
Zions Bancorporation, Nationwide Affiliation introduced that its board has authorized a inventory repurchase plan on Friday, October twenty eighth that permits the corporate to repurchase $50.00 million in excellent shares. This repurchase authorization permits the financial institution to repurchase as much as 0.6% of its shares by way of open market purchases. Shares repurchase plans are normally a sign that the corporate’s board believes its shares are undervalued.
Zions Bancorporation, Nationwide Affiliation Dividend Announcement
The corporate additionally lately introduced a quarterly dividend, which shall be paid on Thursday, February twenty third. Buyers of document on Thursday, February sixteenth shall be given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of three.07%. Zions Bancorporation, Nationwide Affiliation’s payout ratio is 28.28%.
Insider Exercise at Zions Bancorporation, Nationwide Affiliation
In associated information, VP Bruce K. Alexander bought 2,378 shares of the corporate’s inventory in a transaction on Monday, October thirty first. The inventory was bought at a mean value of $52.05, for a complete worth of $123,774.90. Following the transaction, the vp now instantly owns 15,172 shares of the corporate’s inventory, valued at roughly $789,702.60. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by way of this hyperlink. In different Zions Bancorporation, Nationwide Affiliation information, VP A Scott Anderson bought 14,774 shares of the corporate’s inventory in a transaction on Tuesday, November eighth. The shares had been bought at a mean value of $49.82, for a complete worth of $736,040.68. Following the sale, the vp now instantly owns 14,530 shares of the corporate’s inventory, valued at $723,884.60. The transaction was disclosed in a submitting with the SEC, which is accessible by way of the SEC website. Additionally, VP Bruce Okay. Alexander bought 2,378 shares of the corporate’s inventory in a transaction on Monday, October thirty first. The shares had been bought at a mean value of $52.05, for a complete transaction of $123,774.90. Following the completion of the sale, the vp now instantly owns 15,172 shares within the firm, valued at $789,702.60. The disclosure for this sale could be discovered here. Insiders have bought a complete of 18,032 shares of firm inventory valued at $905,391 within the final ninety days. Firm insiders personal 1.81% of the corporate’s inventory.
Analyst Rankings Adjustments
A lot of analysts lately issued studies on ZION shares. Compass Level lowered their value goal on Zions Bancorporation, Nationwide Affiliation to $60.00 in a report on Thursday, October twentieth. JPMorgan Chase & Co. lowered Zions Bancorporation, Nationwide Affiliation from a “impartial” score to an “underweight” score and lowered their value goal for the corporate from $49.00 to $46.00 in a report on Wednesday. StockNews.com began protection on Zions Bancorporation, Nationwide Affiliation in a report on Wednesday, October twelfth. They issued a “maintain” score for the corporate. DA Davidson upgraded Zions Bancorporation, Nationwide Affiliation from a “impartial” score to a “purchase” score and set a $56.00 value goal for the corporate in a report on Tuesday, December twentieth. They famous that the transfer was a valuation name. Lastly, Barclays lowered Zions Bancorporation, Nationwide Affiliation from an “equal weight” score to an “underweight” score and lowered their goal value for the inventory from $68.00 to $59.00 in a report on Tuesday, January third. Two equities analysis analysts have rated the inventory with a promote score, eleven have issued a maintain score and 4 have assigned a purchase score to the corporate’s inventory. Primarily based on knowledge from MarketBeat.com, Zions Bancorporation, Nationwide Affiliation presently has a mean score of “Maintain” and a mean goal value of $59.92.
Zions Bancorporation, Nationwide Affiliation Profile
Zions Bancorporation, Nationwide Affiliation offers varied banking and associated companies primarily within the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The corporate provides company banking companies; business banking, together with a concentrate on small- and medium-sized companies; business actual property banking companies; municipal and public finance companies; retail banking, together with residential mortgages; belief companies; wealth administration and personal shopper banking companies; and capital markets services and products.
See Additionally
Need to see what different hedge funds are holding ZION? Visit HoldingsChannel.com to get the newest 13F filings and insider trades for Zions Bancorporation, Nationwide Affiliation (NASDAQ:ZION – Get Rating).
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