$0.61 EPS Expected for Zions Bancorp (ZION)

July 17, 2017 - By Clifton Ray

 $0.61 EPS Expected for Zions Bancorp (ZION)
Investors sentiment increased to 1.23 in Q4 2016. Its up 0.10, from 1.13 in 2016Q3. It improved, 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.
Stifel Financial, a Missouri-based fund reported 11,021 shares. Basswood Cap Mngmt Ltd Limited Liability Company has 0.93% invested in Zions Bancorp (NASDAQ:ZION). Rhumbline Advisers owns 327,724 shares or 0.04% of their US portfolio. Independent Port Consultants reported 27 shares stake. Voloridge Management Limited Liability Company stated it has 0.06% in Zions Bancorp (NASDAQ:ZION). Wexford Capital Ltd Partnership holds 18,570 shares. Brinker Cap has invested 0.06% in Zions Bancorp (NASDAQ:ZION). The Virginia-based Thompson Davis Comm Incorporated has invested 0.01% in Zions Bancorp (NASDAQ:ZION). Hancock Holdg has invested 0.03% of its portfolio in Zions Bancorp (NASDAQ:ZION). King Luther Cap Corporation holds 0.58% or 1.43M shares. Moreover, Henderson Public Ltd Company has 0% invested in Zions Bancorp (NASDAQ:ZION). Moreover, Waratah Capital Advisors Limited has 0.21% invested in Zions Bancorp (NASDAQ:ZION) for 32,700 shares. New Mexico Educational Retirement Board invested 0.04% in Zions Bancorp (NASDAQ:ZION). Washington Comml Bank holds 0% or 33 shares. Menta Ltd Liability Com owns 0.02% invested in Zions Bancorp (NASDAQ:ZION) for 6,679 shares.

Since January 26, 2017, it had 0 insider buys, and 19 selling transactions for $7.20 million activity. BLACKFORD DAVID E sold $69,644 worth of Zions Bancorp (NASDAQ:ZION) on Thursday, January 26. 26,127 shares were sold by WILLIAMS SHELLEY THOMAS, worth $1.10 million on Monday, January 30. The insider Maio Keith D sold $900,486. $220,632 worth of Zions Bancorp (NASDAQ:ZION) shares were sold by Haun Dallas E. Morris Michael sold 15,429 shares worth $689,853. The insider Linderman LeeAnne B sold 8,484 shares worth $339,736. $162,236 worth of Zions Bancorp (NASDAQ:ZION) was sold by ALEXANDER BRUCE K on Wednesday, February 15.

Analysts await Zions Bancorp (NASDAQ:ZION) to report earnings on July, 25. They expect $0.61 earnings per share, up 38.64 % or $0.17 from last year’s $0.44 per share. ZION’s profit will be $122.85M for 18.17 P/E if the $0.61 EPS becomes a reality. After $0.61 actual earnings per share reported by Zions Bancorp for the previous quarter, Wall Street now forecasts 0.00 % EPS growth. The stock decreased 0.85% or $0.38 during the last trading session, reaching $44.34. About 3.50 million shares traded or 33.59% up from the average. Zions Bancorp (NASDAQ:ZION) has risen 48.85% since July 18, 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 stock of Zions Bancorp (NASDAQ:ZION) earned “Buy” rating by Raymond James on Tuesday, September 13. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, May 24. The rating was maintained by Credit Suisse on Tuesday, August 16 with “Outperform”. On Thursday, May 12 the stock rating was maintained by Compass Point with “Neutral”. The rating was maintained by Keefe Bruyette & Woods on Monday, June 19 with “Hold”. The firm has “Hold” rating by Evercore given on Tuesday, April 26. On Tuesday, June 7 the stock rating was upgraded by Susquehanna to “Positive”. The stock has “Buy” rating by Compass Point on Wednesday, March 29. The stock of Zions Bancorp (NASDAQ:ZION) earned “Buy” rating by Compass Point on Friday, January 29. UBS upgraded Zions Bancorp (NASDAQ:ZION) on Wednesday, January 11 to “Neutral” rating.

Zions Bancorporation is a financial holding company. The company has market cap of $8.93 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 19.98 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: Streetinsider.com which released: “Zions Bancorp (ZION): Expectations Are High But ZION Stands Out – Piper Jaffray” on July 11, 2017, also Nasdaq.com with their article: “Cpcm, Llc Buys Zions Bancorp, SM Energy Co, PowerShares QQQ Trust Series 1 …” published on June 19, 2017, Prnewswire.com published: “Zions Bancorporation goes live on TCS BaNCS Core Banking software” 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) to Increase Dividend to 24c, Buyback $465M” with publication date: June 28, 2017.

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