Zions Bancorp (NASDAQ:ZION) insider Leeanne B. Linderman sold 5,000 shares of the company’s stock in a transaction dated Monday, October 15th. The shares were sold at an average price of $48.10, for a total transaction of $240,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
ZION opened at $46.97 on Friday. Zions Bancorp has a twelve month low of $43.50 and a twelve month high of $59.19. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market cap of $9.42 billion, a P/E ratio of 16.42, a PEG ratio of 1.32 and a beta of 1.40.
Zions Bancorp (NASDAQ:ZION) last posted its quarterly earnings data on Monday, July 23rd. The bank reported $0.89 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.03). Zions Bancorp had a return on equity of 10.86% and a net margin of 25.03%. The firm had revenue of $686.00 million for the quarter, compared to the consensus estimate of $687.26 million. During the same period in the prior year, the company earned $0.73 EPS. As a group, analysts anticipate that Zions Bancorp will post 3.95 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently bought and sold shares of ZION. Piedmont Investment Advisors LLC bought a new stake in Zions Bancorp during the second quarter worth about $122,000. NumerixS Investment Technologies Inc bought a new position in shares of Zions Bancorp in the second quarter worth about $158,000. Huntington National Bank lifted its holdings in shares of Zions Bancorp by 2,443.4% in the third quarter. Huntington National Bank now owns 3,281 shares of the bank’s stock worth $164,000 after acquiring an additional 3,152 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Zions Bancorp by 1,637.5% in the second quarter. Tower Research Capital LLC TRC now owns 3,475 shares of the bank’s stock worth $183,000 after acquiring an additional 3,275 shares during the last quarter. Finally, Crewe Advisors LLC lifted its holdings in shares of Zions Bancorp by 100.0% in the second quarter. Crewe Advisors LLC now owns 4,000 shares of the bank’s stock worth $210,000 after acquiring an additional 2,000 shares during the last quarter. 94.68% of the stock is owned by institutional investors and hedge funds.
About Zions Bancorp
Zions Bancorporation, National Association provides various banking and related services primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company 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 products and services; residential mortgage servicing and lending services; trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services.
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