Vest Financial LLC Buys Shares of 24,622 Zions Bancorporation, N.A. $ZION

Vest Financial LLC purchased a new position in shares of Zions Bancorporation, N.A. (NASDAQ:ZION) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,622 shares of the bank’s stock, valued at approximately $1,393,000.

Other hedge funds have also recently modified their holdings of the company. Traub Capital Management LLC acquired a new position in Zions Bancorporation, N.A. in the 2nd quarter valued at $31,000. Salomon & Ludwin LLC purchased a new stake in shares of Zions Bancorporation, N.A. in the third quarter valued at about $37,000. Steph & Co. acquired a new position in shares of Zions Bancorporation, N.A. during the third quarter worth about $37,000. Assetmark Inc. increased its stake in shares of Zions Bancorporation, N.A. by 75.3% during the second quarter. Assetmark Inc. now owns 673 shares of the bank’s stock worth $35,000 after acquiring an additional 289 shares during the period. Finally, Quent Capital LLC purchased a new position in Zions Bancorporation, N.A. during the third quarter worth about $45,000. 76.84% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. TD Cowen lifted their price objective on Zions Bancorporation, N.A. from $63.00 to $64.00 and gave the company a “hold” rating in a report on Wednesday. JPMorgan Chase & Co. raised their price target on Zions Bancorporation, N.A. from $62.00 to $67.00 and gave the company a “neutral” rating in a report on Tuesday, December 16th. Truist Financial upped their price objective on Zions Bancorporation, N.A. from $61.00 to $63.00 and gave the stock a “hold” rating in a report on Thursday. Evercore ISI downgraded Zions Bancorporation, N.A. from an “outperform” rating to a “hold” rating and set a $65.00 target price for the company. in a report on Tuesday, January 6th. Finally, Barclays boosted their target price on shares of Zions Bancorporation, N.A. from $61.00 to $68.00 and gave the stock an “underweight” rating in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Zions Bancorporation, N.A. currently has a consensus rating of “Hold” and an average target price of $63.16.

Zions Bancorporation, N.A. News Summary

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

• Positive Sentiment: Multiple sell?side price?target raises: Stephens and Piper Sandler lifted targets to $65, reflecting stronger earnings momentum and upside to the stock. Stephens increases PT to $65
• Positive Sentiment: Royal Bank of Canada raised its target to $64 and highlighted upside prospects for ZION. RBC raises PT to $64
• Positive Sentiment: Piper Sandler reiteration/boost to $65 reinforces buy?side interest after Q4 results. Piper Sandler boosts PT
• Positive Sentiment: TD Cowen flagged strong price?appreciation potential for ZION, adding to bullish analyst tone. TD Cowen forecast
• Positive Sentiment: Company fundamentals: Q4 showed 31% net earnings growth, NII expansion, 2.5% YoY loan growth and improved asset quality (net charge?offs ~0.05%), supporting earnings durability. Seeking Alpha: Zions strong setup
• Positive Sentiment: Earnings call recap highlighted profitable momentum and management commentary that reinforced the upbeat analyst moves. TipRanks earnings call summary
• Neutral Sentiment: Citigroup and Truist raised price targets (Citigroup to $64, Truist to $63) but kept neutral/hold stances, offering limited near?term bullish conviction. Benzinga coverage
• Neutral Sentiment: Zacks published a piece on ZION’s dividend appeal — supportive for income investors but less likely to move the stock immediately. Zacks: Zions dividend story

Insider Buying and Selling

In other Zions Bancorporation, N.A. news, EVP Jennifer Anne Smith sold 2,458 shares of the firm’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $53.11, for a total transaction of $130,544.38. Following the completion of the transaction, the executive vice president owned 27,133 shares of the company’s stock, valued at approximately $1,441,033.63. This trade represents a 8.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 2.22% of the company’s stock.

Zions Bancorporation, N.A. Stock Performance

Shares of ZION opened at $59.08 on Friday. Zions Bancorporation, N.A. has a 12-month low of $39.32 and a 12-month high of $62.26. The stock has a market cap of $8.72 billion, a P/E ratio of 9.85, a PEG ratio of 1.30 and a beta of 0.85. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The company has a 50-day moving average of $57.34 and a two-hundred day moving average of $55.66.

Zions Bancorporation, N.A. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Thursday, November 13th were paid a $0.45 dividend. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $1.80 dividend on an annualized basis and a yield of 3.0%. Zions Bancorporation, N.A.’s dividend payout ratio is presently 30.00%.

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.