Cwm LLC Cuts Position in Zions Bancorporation, N.A. $ZION

Cwm LLC trimmed its position in shares of Zions Bancorporation, N.A. (NASDAQ:ZION) by 21.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 36,629 shares of the bank’s stock after selling 10,147 shares during the period. Cwm LLC’s holdings in Zions Bancorporation, N.A. were worth $2,144,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in ZION. Royal Bank of Canada increased its stake in shares of Zions Bancorporation, N.A. by 76.3% during the first quarter. Royal Bank of Canada now owns 137,434 shares of the bank’s stock worth $6,853,000 after buying an additional 59,483 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Zions Bancorporation, N.A. by 18.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,960 shares of the bank’s stock worth $2,042,000 after buying an additional 6,393 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Zions Bancorporation, N.A. by 0.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 504,860 shares of the bank’s stock worth $25,172,000 after buying an additional 2,659 shares during the period. Focus Partners Wealth increased its stake in shares of Zions Bancorporation, N.A. by 91.7% during the first quarter. Focus Partners Wealth now owns 21,502 shares of the bank’s stock worth $1,072,000 after buying an additional 10,283 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Zions Bancorporation, N.A. by 52.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,816 shares of the bank’s stock worth $94,000 after buying an additional 625 shares during the period. 76.84% of the stock is currently owned by hedge funds and other institutional investors.

Zions Bancorporation, N.A. News Roundup

Here are the key news stories impacting Zions Bancorporation, N.A. this week:

• Positive Sentiment: Zions’ earnings call was reported to signal durable momentum after the quarter — investors may be reacting to management’s tone on loan growth and margins. Zions Bancorporation Earnings Call Signals Durable Momentum
• Positive Sentiment: Barclays published a note saying ZION’s stock is expected to rise; analyst endorsement adds to bullish analyst momentum. Zions Bancorporation, N.A. (NASDAQ:ZION) Stock Price Expected to Rise, Barclays Analyst Says
• Positive Sentiment: DA Davidson reiterated/issued a positive outlook, further supporting buy-side interest. Zions Bancorporation, N.A. (NASDAQ:ZION) Stock Price Expected to Rise, DA Davidson Analyst Says
• Positive Sentiment: Citigroup forecasted strong price appreciation for ZION, adding another large-bank bull view to the story. Citigroup Forecasts Strong Price Appreciation for Zions Bancorporation, N.A. (NASDAQ:ZION) Stock
• Positive Sentiment: TD Cowen raised its price target to $65, reflecting improved analyst expectations post-quarter. TD Cowen Boosts Zions Bancorporation, N.A. (NASDAQ:ZION) Price Target to $65.00
• Positive Sentiment: Robert W. Baird issued a positive note expecting the shares to rise, contributing to the cluster of upgrade activity. Zions Bancorporation, N.A. (NASDAQ:ZION) Stock Price Expected to Rise, Robert W. Baird Analyst Says
• Positive Sentiment: JPMorgan published a bullish forecast for ZION’s price appreciation, another large-bank endorsement that can support multiple-target upgrades. JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Zions Bancorporation, N.A. (NASDAQ:ZION) Stock
• Positive Sentiment: Royal Bank of Canada raised its price target to $68, the highest target in this wave of upgrades, reinforcing upside expectations. Royal Bank Of Canada Raises Zions Bancorporation, N.A. (NASDAQ:ZION) Price Target to $68.00
• Positive Sentiment: Zacks highlighted ZION as a top momentum stock for the long term, adding third-party momentum research to the narrative. Why Zions (ZION) is a Top Momentum Stock for the Long-Term
• Neutral Sentiment: The short-interest data posted for April is internally inconsistent (shows a large increase but records zero shares), so there’s no clear signal that short activity is driving today’s move.
• Negative Sentiment: Despite the analyst tailwinds and an earnings beat on EPS, the stock is down today on lower-than-average intraday volume — suggestive of profit-taking or rotation rather than a fundamentals-driven selloff.

Insider Buying and Selling at Zions Bancorporation, N.A.

In other Zions Bancorporation, N.A. news, CEO Harris H. Simmons bought 4,500 shares of the stock in a transaction dated Tuesday, February 24th. The shares were acquired at an average cost of $59.03 per share, for a total transaction of $265,635.00. Following the completion of the transaction, the chief executive officer owned 1,317,493 shares in the company, valued at approximately $77,771,611.79. The trade was a 0.34% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Steven Dan Stephens sold 15,476 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $65.90, for a total transaction of $1,019,868.40. Following the transaction, the executive vice president owned 41,127 shares in the company, valued at approximately $2,710,269.30. This trade represents a 27.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 55,581 shares of company stock valued at $3,498,774. 1.43% of the stock is owned by company insiders.

Zions Bancorporation, N.A. Stock Performance

Shares of Zions Bancorporation, N.A. stock opened at $61.34 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.83 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $9.02 billion, a P/E ratio of 9.54, a P/E/G ratio of 2.16 and a beta of 0.81. The firm’s 50 day moving average is $58.56 and its two-hundred day moving average is $57.24. Zions Bancorporation, N.A. has a 52 week low of $43.64 and a 52 week high of $66.18.

Zions Bancorporation, N.A. (NASDAQ:ZION) last announced its earnings results on Monday, April 20th. The bank reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.13. The business had revenue of $849.00 million for the quarter, compared to analyst estimates of $853.73 million. Zions Bancorporation, N.A. had a net margin of 19.53% and a return on equity of 13.90%. During the same period last year, the firm posted $1.13 earnings per share. Research analysts forecast that Zions Bancorporation, N.A. will post 6.38 EPS for the current fiscal year.

Zions Bancorporation, N.A. Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Thursday, February 12th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, February 12th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.9%. Zions Bancorporation, N.A.’s dividend payout ratio (DPR) is 27.99%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on ZION shares. JPMorgan Chase & Co. upped their target price on shares of Zions Bancorporation, N.A. from $62.00 to $67.00 and gave the stock a “neutral” rating in a research note on Tuesday. Robert W. Baird upped their target price on shares of Zions Bancorporation, N.A. from $65.00 to $68.00 and gave the stock an “outperform” rating in a research note on Tuesday. Royal Bank Of Canada upped their target price on shares of Zions Bancorporation, N.A. from $64.00 to $68.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Evercore increased their price target on shares of Zions Bancorporation, N.A. from $65.00 to $68.00 and gave the company an “in-line” rating in a research note on Thursday, February 5th. Finally, TD Cowen increased their price target on shares of Zions Bancorporation, N.A. from $64.00 to $65.00 and gave the company a “hold” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $64.94.

Zions Bancorporation, N.A. Profile

Zions Bancorporation, N.A. is a bank holding company headquartered in Salt Lake City, Utah, offering a full suite of banking and financial services to individuals, businesses and institutions. Through its primary subsidiary, Zions Bank, the company provides commercial banking, retail banking and wealth management solutions designed to serve the needs of small businesses, middle‐market firms and high‐net‐worth clients. Its service portfolio includes deposit accounts, cash‐management tools, lending products, mortgage origination, treasury services and investment advisory services.

The company’s commercial banking segment delivers custom credit and treasury management services, including working capital lines of credit, equipment financing and international trade finance.