Diversified Management Inc. Sells 31,486 Shares of Zions Bancorporation, N.A. $ZION

Diversified Management Inc. cut its holdings in Zions Bancorporation, N.A. (NASDAQ:ZION) by 82.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,622 shares of the bank’s stock after selling 31,486 shares during the period. Diversified Management Inc.’s holdings in Zions Bancorporation, N.A. were worth $458,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of ZION. Elevation Wealth Partners LLC raised its stake in Zions Bancorporation, N.A. by 528.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 415 shares of the bank’s stock worth $29,000 after purchasing an additional 349 shares in the last quarter. Torren Management LLC bought a new stake in Zions Bancorporation, N.A. in the 4th quarter valued at about $32,000. Leonteq Securities AG acquired a new position in shares of Zions Bancorporation, N.A. during the 4th quarter worth approximately $32,000. Atlas Capital Advisors Inc. acquired a new position in shares of Zions Bancorporation, N.A. during the 4th quarter worth approximately $36,000. Finally, V Square Quantitative Management LLC bought a new position in shares of Zions Bancorporation, N.A. during the fourth quarter worth approximately $42,000. 76.84% of the stock is owned by institutional investors.

Zions Bancorporation, N.A. News Summary

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $6.51 from $6.31 and lifted Q4 2026 EPS to $1.62 from $1.60. It also increased Q1 2027 and Q2 2027 forecasts slightly, suggesting somewhat better near-term earnings expectations. Zions Bancorporation stock information
• Neutral Sentiment: Reported short interest was listed at zero shares, unchanged from the prior period, with a zero-day days-to-cover ratio. However, the report’s “NaN” percentage change indicates a data-quality issue, making the information unsuitable as a meaningful trading signal. Zions Bancorporation short-interest information
• Negative Sentiment: Zacks Research lowered several forward estimates, including Q3 2026 EPS to $1.59 from $1.60, FY2027 EPS to $6.54 from $6.56, Q1 2028 EPS to $1.61 from $1.70, Q2 2028 EPS to $1.70 from $1.77, and FY2028 EPS to $7.00 from $7.34. The largest cuts point to reduced longer-term earnings expectations and may weigh on valuation. Zions Bancorporation analyst estimates

Analyst Ratings Changes

A number of research firms have recently weighed in on ZION. JPMorgan Chase & Co. downgraded shares of Zions Bancorporation, N.A. from a “neutral” rating to an “underweight” rating and set a $75.00 price target for the company. in a research report on Tuesday, July 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Zions Bancorporation, N.A. in a research report on Friday, July 31st. Robert W. Baird raised their price objective on Zions Bancorporation, N.A. from $68.00 to $75.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Wells Fargo & Company lifted their price objective on Zions Bancorporation, N.A. from $66.00 to $73.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Finally, Cantor Fitzgerald upped their target price on Zions Bancorporation, N.A. from $69.00 to $80.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Six investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $71.29.

Zions Bancorporation, N.A. Price Performance

ZION stock opened at $71.00 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.26. Zions Bancorporation, N.A. has a 12 month low of $46.19 and a 12 month high of $73.34. The firm has a market cap of $10.36 billion, a P/E ratio of 9.04, a P/E/G ratio of 1.68 and a beta of 0.81. The company’s 50-day moving average price is $68.75 and its two-hundred day moving average price is $63.08.

Zions Bancorporation, N.A. Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 13th will be given a dividend of $0.48 per share. The ex-dividend date is Thursday, August 13th. This represents a $1.92 annualized dividend and a dividend yield of 2.7%. This is a positive change from Zions Bancorporation, N.A.’s previous quarterly dividend of $0.45. Zions Bancorporation, N.A.’s dividend payout ratio (DPR) is 22.93%.

Zions Bancorporation, N.A. announced that its Board of Directors has authorized a stock repurchase program on Saturday, May 2nd that allows the company to buyback $225.00 million in shares. This buyback authorization allows the bank to purchase up to 2.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Insider Activity at Zions Bancorporation, N.A.

In other Zions Bancorporation, N.A. news, EVP Scott A. Law sold 4,608 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $72.42, for a total transaction of $333,711.36. Following the completion of the sale, the executive vice president directly owned 32,890 shares in the company, valued at $2,381,893.80. This represents a 12.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Derek Steward sold 894 shares of the firm’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $69.65, for a total value of $62,267.10. Following the completion of the sale, the executive vice president directly owned 17,449 shares in the company, valued at approximately $1,215,322.85. This represents a 4.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 88,787 shares of company stock valued at $6,283,858 over the last three months. 1.43% of the stock is owned by insiders.

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.