Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Zions Bancorporation, National Association (NASDAQ:ZION). In a filing disclosed on May 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Zions Bancorporation, National Association stock on April 29th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Beiersdorf Aktiengesellschaft OTCMKTS: BDRFF on 5/2/2025.
- Purchased $1,001 - $15,000 in shares of Alkami Technology NASDAQ: ALKT on 4/30/2025.
- Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 4/29/2025.
- Sold $1,001 - $15,000 in shares of DXC Technology NYSE: DXC on 4/29/2025.
- Sold $1,001 - $15,000 in shares of DOW NYSE: DOW on 4/29/2025.
- Purchased $1,001 - $15,000 in shares of O'Reilly Automotive NASDAQ: ORLY on 4/29/2025.
- Purchased $1,001 - $15,000 in shares of McKesson NYSE: MCK on 4/29/2025.
- Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/29/2025.
- Sold $1,001 - $15,000 in shares of Humana NYSE: HUM on 4/29/2025.
- Purchased $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 4/29/2025.
Zions Bancorporation, National Association Price Performance
Shares of Zions Bancorporation, National Association stock opened at $45.39 on Thursday. The stock has a market capitalization of $6.70 billion, a P/E ratio of 9.17, a price-to-earnings-growth ratio of 1.61 and a beta of 0.88. Zions Bancorporation, National Association has a one year low of $39.32 and a one year high of $63.22. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.80 and a quick ratio of 0.80. The business's 50 day simple moving average is $46.68 and its two-hundred day simple moving average is $53.02.
Zions Bancorporation, National Association (NASDAQ:ZION - Get Free Report) last announced its quarterly earnings results on Monday, April 21st. The bank reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.04. The business had revenue of $795.00 million during the quarter, compared to analysts' expectations of $792.49 million. Zions Bancorporation, National Association had a net margin of 15.70% and a return on equity of 13.65%. During the same quarter in the prior year, the company posted $0.96 EPS. Analysts forecast that Zions Bancorporation, National Association will post 5.39 EPS for the current year.
Zions Bancorporation, National Association Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 15th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date is Thursday, May 15th. Zions Bancorporation, National Association's dividend payout ratio (DPR) is presently 33.59%.
Zions Bancorporation, National Association declared that its board has initiated a stock repurchase program on Monday, February 24th that authorizes the company to buyback $40.00 million in outstanding shares. This buyback authorization authorizes the bank to purchase up to 0.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.
Insider Buying and Selling
In other news, EVP Steven Dan Stephens sold 10,000 shares of the company's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $55.71, for a total value of $557,100.00. Following the completion of the transaction, the executive vice president now owns 45,847 shares of the company's stock, valued at $2,554,136.37. This represents a 17.91 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Jennifer Anne Smith sold 22,673 shares of Zions Bancorporation, National Association stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $56.47, for a total value of $1,280,344.31. Following the sale, the executive vice president now directly owns 29,313 shares in the company, valued at $1,655,305.11. This trade represents a 43.61 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 33,029 shares of company stock valued at $1,855,321. Company insiders own 2.22% of the company's stock.
Institutional Trading of Zions Bancorporation, National Association
Several hedge funds have recently bought and sold shares of the stock. Norges Bank bought a new position in shares of Zions Bancorporation, National Association during the 4th quarter valued at approximately $73,542,000. Balyasny Asset Management L.P. boosted its position in shares of Zions Bancorporation, National Association by 249.6% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,624,521 shares of the bank's stock worth $88,130,000 after purchasing an additional 1,159,888 shares during the period. Freestone Grove Partners LP purchased a new stake in shares of Zions Bancorporation, National Association in the fourth quarter worth $51,116,000. Boston Partners bought a new stake in shares of Zions Bancorporation, National Association during the 4th quarter valued at $33,961,000. Finally, GAMMA Investing LLC lifted its stake in shares of Zions Bancorporation, National Association by 5,690.4% during the 1st quarter. GAMMA Investing LLC now owns 550,903 shares of the bank's stock valued at $27,468,000 after buying an additional 541,389 shares in the last quarter. Institutional investors own 76.84% of the company's stock.
Analyst Ratings Changes
ZION has been the topic of several research analyst reports. Keefe, Bruyette & Woods reduced their price target on shares of Zions Bancorporation, National Association from $65.00 to $58.00 and set a "market perform" rating on the stock in a research report on Tuesday, April 22nd. Wells Fargo & Company decreased their price target on Zions Bancorporation, National Association from $58.00 to $47.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 22nd. Barclays lifted their price objective on Zions Bancorporation, National Association from $59.00 to $61.00 and gave the stock an "underweight" rating in a report on Wednesday, January 22nd. Royal Bank of Canada lowered their target price on shares of Zions Bancorporation, National Association from $63.00 to $53.00 and set a "sector perform" rating on the stock in a research note on Tuesday, April 22nd. Finally, Morgan Stanley decreased their price objective on shares of Zions Bancorporation, National Association from $71.00 to $64.00 and set an "equal weight" rating for the company in a report on Thursday, March 13th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $58.76.
Read Our Latest Stock Analysis on Zions Bancorporation, National Association
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Zions Bancorporation, National Association
(
Get Free Report)
Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.
Further Reading
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