Eric Ellingsen Sells 1,519 Shares of Zions Bancorporation, N.A. (NASDAQ:ZION) Stock

Zions Bancorporation, N.A. (NASDAQ:ZIONGet Free Report) VP Eric Ellingsen sold 1,519 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $61.27, for a total transaction of $93,069.13. Following the transaction, the vice president owned 40,361 shares in the company, valued at $2,472,918.47. The trade was a 3.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Zions Bancorporation, N.A. Trading Up 2.3%

Shares of ZION opened at $63.81 on Thursday. Zions Bancorporation, N.A. has a fifty-two week low of $39.32 and a fifty-two week high of $64.87. The firm has a market cap of $9.42 billion, a price-to-earnings ratio of 10.64 and a beta of 0.85. The firm has a 50 day moving average price of $58.81 and a 200-day moving average price of $55.90. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.82 and a current ratio of 0.82.

Zions Bancorporation, N.A. Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Thursday, February 12th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, February 12th. Zions Bancorporation, N.A.’s payout ratio is 30.00%.

Analysts Set New Price Targets

ZION has been the subject of several recent research reports. Stephens boosted their price objective on Zions Bancorporation, N.A. from $63.00 to $65.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 21st. Bank of America raised shares of Zions Bancorporation, N.A. from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $59.00 to $62.00 in a research note on Thursday, October 23rd. Barclays increased their price target on shares of Zions Bancorporation, N.A. from $61.00 to $68.00 and gave the company an “underweight” rating in a research report on Monday, January 5th. TD Cowen raised their price target on shares of Zions Bancorporation, N.A. from $63.00 to $64.00 and gave the stock a “hold” rating in a report on Wednesday, January 21st. Finally, Citigroup upped their price objective on shares of Zions Bancorporation, N.A. from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $63.16.

Get Our Latest Stock Report on Zions Bancorporation, N.A.

Zions Bancorporation, N.A. News Roundup

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

  • Positive Sentiment: Company declared a quarterly dividend of $0.45 (annualized $1.80, ≈2.9% yield) with an ex‑dividend date of Feb 12 — a cash return that can support the share price into the record/ex‑dividend window. Read More.
  • Positive Sentiment: High institutional ownership (~76.8%) suggests strong steady demand from funds, which can reduce volatility and support the stock on buybacks/dividends or positive headlines. Read More.
  • Neutral Sentiment: Zions priced $500M of fixed‑to‑floating senior notes due Feb 9, 2029. The offering increases funded liquidity and tenor but adds interest expense — impact depends on how proceeds are used and prevailing rates. Read More.
  • Neutral Sentiment: Analyst coverage is mixed with a consensus “Hold” and average target near the current price (~$63). Some firms trimmed targets while others raised them, so no clear directional analyst catalyst. Read More.
  • Negative Sentiment: Several senior insiders sold shares this week — including the company president (large sale ~28,980 shares) and other executives — which can be read as profit‑taking or portfolio rebalancing and may weigh on sentiment. Monitor whether sales continue or are one‑time, and check 10b5‑1/SEC filing context. Read More. Read More.

Institutional Investors Weigh In On Zions Bancorporation, N.A.

Institutional investors and hedge funds have recently modified their holdings of the stock. Torren Management LLC purchased a new position in shares of Zions Bancorporation, N.A. during the fourth quarter valued at about $32,000. Traub Capital Management LLC bought a new stake in Zions Bancorporation, N.A. during the 2nd quarter valued at approximately $31,000. Community Bank N.A. purchased a new position in shares of Zions Bancorporation, N.A. during the 3rd quarter worth approximately $36,000. Salomon & Ludwin LLC bought a new position in shares of Zions Bancorporation, N.A. in the 3rd quarter worth approximately $37,000. Finally, Steph & Co. purchased a new position in shares of Zions Bancorporation, N.A. in the 3rd quarter valued at approximately $37,000. 76.84% of the stock is owned by hedge funds and other institutional investors.

About Zions Bancorporation, N.A.

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Zions Bancorporation, N.A. (NASDAQ:ZION)

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