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New Big Money Means Zions Bancorporation N.A (ZION) Investors Could Reap Benefit

Zions Bancorporation N.A (NASDAQ: ZION) is -17.11% lower on its value in year-to-date trading and has touched a low of $39.32 and a high of $63.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZION stock was last observed hovering at around $45.26 in the last trading session, with the day’s loss setting it -0.29%.

Currently trading at $44.97, the stock is 2.05% and -6.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.6 million and changing -0.64% at the moment leaves the stock -12.66% off its SMA200. ZION registered 7.69% gain for a year compared to 6-month loss of -12.41%. The firm has a 50-day simple moving average (SMA 50) of $48.0822 and a 200-day simple moving average (SMA200) of $51.49125.

The stock witnessed a -9.81% gain in the last 1 month and extending the period to 3 months gives it a -21.98%, and is 1.47% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.64% over the week and 5.83% over the month.

Zions Bancorporation N.A (ZION) has around 9406 employees, a market worth around $6.64B and $4.98B in sales. Current P/E ratio is 8.76 and Fwd P/E is 8.10. Profit margin for the company is 15.21%. Distance from 52-week low is 14.37% and -28.87% from its 52-week high. The company has generated returns on investments over the last 12 months (10.40%).

with sales reaching $810.59M over the same period.The EPS is expected to grow by 5.07% this year, but quarterly earnings will post 2.90% year-over-year. Quarterly sales are estimated to grow 3.00% in year-over-year returns.

606.0 institutions hold shares in Zions Bancorporation N.A (ZION), with institutional investors hold 80.68% of the company’s shares. The shares outstanding are 147.57M, and float is at 145.20M with Short Float at 2.94%. Institutions hold 79.23% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.35 million shares valued at $795.91 million. The investor’s holdings represent 12.4743 of the ZION Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.33 million shares valued at $578.02 million to account for 9.0593 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 6.25 million shares representing 4.2412 and valued at over $271.0 million, while STATE STREET CORP holds 4.177 of the shares totaling 6.14 million with a market value of $266.51 million.

Zions Bancorporation N.A (ZION) Insider Activity

The most recent transaction is an insider sale by Richards Robert Ryan, the company’s Controller. SEC filings show that Richards Robert Ryan sold 316 shares of the company’s common stock on Apr 01 ’25 at a price of $49.48 per share for a total of $15636.0. Following the sale, the insider now owns 30354.0 shares.

Zions Bancorporation N.A disclosed in a document filed with the SEC on Feb 18 ’25 that Smith Jennifer Anne (Executive Vice President) sold a total of 22,673 shares of the company’s common stock. The trade occurred on Feb 18 ’25 and was made at $56.47 per share for $1.28 million. Following the transaction, the insider now directly holds 29313.0 shares of the ZION stock.

Still, SEC filings show that on Feb 18 ’25, Smith Jennifer Anne (Officer) Proposed Sale 22,673 shares at an average price of $56.47 for $1.28 million. The insider now directly holds shares of Zions Bancorporation N.A (ZION).

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