Zions Bancorporation (NASDAQ:ZION) Sellers Strengthened Their Shorts By 1.15% As Of Jun 29, 2018

June 29, 2018 - By Mary Bollinger

Big Money Sentiment decreased to 0.93 in 2018 Q1. It has change of 0.14, from 2017Q4’s 1.07. The ratio is negative due to Zions Bancorporation positioning: 37 sold and 165 reduced. 66 funds amassed holdings and 122 increased holdings. Investors holded 181.93 million in 2017Q4 but now own 179.96 million shares or 1.09% less.
Fiduciary Wi reported 969,284 shs. Kennedy Capital Mgmt, Missouri-based fund reported 202,913 shs. Sterling Cap Mgmt Ltd Liability Company holds 26,793 shs or 0.01% of its capital. Moreover, Marshall Wace Limited Liability Partnership has 0.07% invested in Zions Bancorporation (NASDAQ:ZION) for 29,877 shs. Adage Partners Group Ltd Company holds 0.08% or 643,000 shs. State Of Alaska Department Of Revenue accumulated 0.04% or 39,520 shs. Twin Tree L P reported 13,137 shs. Moreover, Engineers Gate Manager Limited Partnership has 0.15% invested in Zions Bancorporation (NASDAQ:ZION) for 41,465 shs. Systematic Fincl Mngmt L P holds 0.01% or 11,200 shs. Heartland Advisors owns 302,585 shs. Chicago Equity Prtnrs Ltd holds 0.08% of its capital in Zions Bancorporation (NASDAQ:ZION) for 47,765 shs. Tiaa Cref Investment Mngmt Limited Liability reported 3.40 million shs stake. Atlantic Trust Gru Ltd Co holds 0% or 61 shs. 80,222 were reported by Raymond James & Assoc. First Mercantile Trust stated it has 6,490 shs or 0.07% of all its holdings.

Zions Bancorporation had 18 insider sales and 0 insider purchases since January 31, 2018. This’s net activity of $6.01 million. The insider STEPHENS STEVEN DAN sold 7,100 shs worth $389,577. Maio Keith D also sold $554,668 worth of Zions Bancorporation (NASDAQ:ZION) on Friday, April 27. On Tuesday, May 22 the insider BLACKFORD DAVID E sold $359,924. On Friday, April 27 LAURSEN THOMAS E sold $77,238 worth of Zions Bancorporation (NASDAQ:ZION). 10,000 shs valued at $551,754 were sold by Morris Michael on Thursday, April 26. The insider Linderman LeeAnne B sold $159,120.

It was registered an increase on Zions Bancorporation (NASDAQ:ZION)’s short interest with 1.15%. FINRA issued in June ZION’s total 25.44M short interest. That’s 1.15% up from 25.15 million shares. Former ZION’s position will need 10 days to restore. It has 2.46M average volume. Zions Bancorporation float short is 13.07%.

ZION is reaching $53.76 during the last trading session, after increased 1.11%.Currently Zions Bancorporation is uptrending after 39.55% change in last June 29, 2017. ZION has 988,250 shares volume. ZION outperformed the S&P 500 by 26.98%.

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 firm is valued at $10.60 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.The P/E ratio is 17.45. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services.

Zions Bancorporation (NASDAQ:ZION) Ratings Coverage

In total 21 analysts cover Zions Bancorp (NASDAQ:ZION). “Buy” rating has 14, “Sell” are 1, while 6 are “Hold”. (NASDAQ:ZION) has 67% bullish analysts. 37 are the (NASDAQ:ZION)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. In Friday, January 26 report Morgan Stanley maintained the stock with “Equal-Weight” rating. On Monday, January 8 the rating was maintained by SunTrust with “Buy”. On Monday, April 23 the firm earned “Buy” rating by SunTrust. On Wednesday, February 28 the stock has “Buy” rating by B. Riley & Co. On Monday, April 23 the rating was maintained by RBC Capital Markets with “Buy”. On Monday, February 26 the firm earned “Buy” rating by Keefe Bruyette & Woods. The company rating was maintained by Barclays Capital on Tuesday, January 2. On Tuesday, February 27 the stock of Zions Bancorporation (NASDAQ:ZION) earned “Buy” rating by FBR Capital. On Friday, April 6 the stock has “Buy” rating by Vining Sparks. The company rating was maintained by Sandler O’Neill on Friday, March 9.

There’s an important Zions Bancorporation (NASDAQ:ZION) news brought out by Fool.com. It’s a report titled: “3 Top Bank Stocks to Buy in June” on June 06, 2018.

Zions Bancorporation (NASDAQ:ZION) Institutional Investors Chart

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