Zions Bancorporation /ut/ (ZION): Dallas E Haun , Exec Vice President of Zions Bancorporation /ut/ sold 4,500 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were sold at $26.41 per share for a total value of $118,806.90 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 19, 2016, Dallas E Haun (Exec Vice President) sold 4,500 shares at $26.41 per share price.On May 2, 2016, David E Blackford (Exec Vice President) sold 4,000 shares at $27.77 per share price.Also, On May 2, 2016, Bruce K Alexander (Exec VP and) sold 5,224 shares at $27.80 per share price.On May 2, 2016, Julie G Castle (Executive Vice President) sold 10,171 shares at $27.67 per share price.
Shares of Zions Bancorporation (ZION) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.4 points or -1.46% at $26.94 with 37,38,793 shares getting traded. Post opening the session at $27.1, the shares hit an intraday low of $26.69 and an intraday high of $27.78 and the price vacillated in this range throughout the day. The company has a market cap of $5,513 M and the number of outstanding shares has been calculated to be 20,46,23,500 shares. The 52-week high of Zions Bancorporation is $33.03 and the 52-week low is $19.65.
Company has been under the radar of several Street Analysts.Zions Bancorporation is Reiterated by Compass Point to Neutral and the brokerage firm has raised the Price Target to $ 30 from a previous price target of $27 .The Rating was issued on May 12, 2016.Zions Bancorporation is Upgraded by Raymond James to Strong Buy. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on May 9, 2016.Zions Bancorporation is Reiterated by UBS to Sell and the brokerage firm has raised the Price Target to $ 22 from a previous price target of $20 .The Rating was issued on Apr 26, 2016.Zions Bancorporation is Downgraded by Compass Point to Neutral while Lowering the Price Target of the company shares to $ 27 from a previous price target of $29 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 13, 2016.
Zions Bancorporation is a financial holding company. The Company owns and operates eight commercial banks with a total of approximately 460 domestic branches as of December 31 2014. The Company provides banking and related services through its banking and other subsidiaries primarily in Arizona California Colorado Idaho Nevada New Mexico Oregon Texas Utah Washington and Wyoming. The Company focuses on providing community banking services by its core business lines of small and medium-sized business and corporate banking; commercial and residential development construction and term lending; retail banking; treasury cash management and related products and services; residential mortgage servicing and lending; trust and wealth management; limited capital markets activities including municipal finance advisory and underwriting and investment activities.