Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) EVP Jennifer Anne Smith sold 4,209 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $62.50, for a total value of $263,062.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Jennifer Anne Smith also recently made the following trade(s):
- On Monday, May 4th, Jennifer Anne Smith sold 550 shares of Zions Bancorporation, N.A. stock. The shares were sold at an average price of $62.96, for a total value of $34,628.00.
- On Wednesday, February 18th, Jennifer Anne Smith sold 2,089 shares of Zions Bancorporation, N.A. stock. The shares were sold at an average price of $62.48, for a total value of $130,520.72.
Zions Bancorporation, N.A. Price Performance
Shares of NASDAQ:ZION opened at $59.64 on Thursday. The company’s fifty day moving average is $58.97 and its two-hundred day moving average is $58.02. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.27. Zions Bancorporation, N.A. has a 12-month low of $45.52 and a 12-month high of $66.18. The company has a market cap of $8.77 billion, a P/E ratio of 9.28, a price-to-earnings-growth ratio of 2.01 and a beta of 0.83.
Zions Bancorporation, N.A. declared that its board has approved a stock repurchase plan on Saturday, May 2nd that authorizes the company to buyback $225.00 million in outstanding shares. This buyback authorization authorizes the bank to purchase up to 2.4% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.
Zions Bancorporation, N.A. Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Thursday, May 14th. Zions Bancorporation, N.A.’s payout ratio is currently 27.99%.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on the stock. Morgan Stanley lowered their price target on shares of Zions Bancorporation, N.A. from $75.00 to $68.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. JPMorgan Chase & Co. upped their price target on shares of Zions Bancorporation, N.A. from $62.00 to $67.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. Citigroup upped their price target on shares of Zions Bancorporation, N.A. from $64.00 to $66.00 and gave the company a “neutral” rating in a report on Wednesday, April 22nd. Truist Financial increased their target price on shares of Zions Bancorporation, N.A. from $64.00 to $66.00 and gave the company a “hold” rating in a research note on Tuesday, April 21st. Finally, TD Cowen increased their target price 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, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $65.53.
Read Our Latest Stock Analysis on ZION
Institutional Trading of Zions Bancorporation, N.A.
A number of hedge funds and other institutional investors have recently modified their holdings of ZION. Torren Management LLC acquired a new stake in shares of Zions Bancorporation, N.A. in the fourth quarter valued at approximately $32,000. Leonteq Securities AG bought a new position in Zions Bancorporation, N.A. in the fourth quarter valued at approximately $32,000. Community Bank N.A. bought a new position in shares of Zions Bancorporation, N.A. during the third quarter worth $36,000. Atlas Capital Advisors Inc. bought a new position in shares of Zions Bancorporation, N.A. during the fourth quarter worth $36,000. Finally, V Square Quantitative Management LLC bought a new position in shares of Zions Bancorporation, N.A. during the fourth quarter worth $42,000. Institutional investors and hedge funds own 76.84% of the company’s stock.
More Zions Bancorporation, N.A. News
Here are the key news stories impacting Zions Bancorporation, N.A. this week:
- Positive Sentiment: Zacks Research raised several forward earnings estimates for Zions, including Q2 2026, Q4 2026, Q1 2027, Q3 2027, Q4 2027 and FY2027, which suggests analysts see stronger profitability ahead. Article Title
- Positive Sentiment: The bank recently beat first-quarter earnings and revenue expectations, reinforcing confidence in its operating performance and helping support the stock. Article Title
- Positive Sentiment: Zions approved a $225 million share repurchase plan, a sign management believes the shares may be undervalued and a potential tailwind for per-share earnings. Article Title
- Positive Sentiment: The company declared a quarterly dividend of $0.45 per share, equal to a 3.0% annualized yield, which may appeal to income-focused investors. Article Title
- Neutral Sentiment: An executive recently sold 4,209 shares, which is worth noting but not necessarily a major red flag on its own. Article Title
About Zions Bancorporation, N.A.
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.
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