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Karpus Management Boosted Its Duff & Phelps Utility & Corporate Bond Tr (DUC) Position by $10.97 Million; Elizabeth Park Capital Advisors LTD Increased Zions Bancorporation (ZION) Stake by $312,000 as Shares Rose

Fred Cummings increased its stake in Zions Bancorporation (ZION) by 1.99% based on its latest 2018Q1 regulatory filing with the SEC. Elizabeth Park Capital Advisors Ltd bought 6,000 shares as the company’s stock rose 1.35% while stock markets declined. The hedge fund run by Fred Cummings held 306,873 shares of the major banks company at the end of 2018Q1, valued at $16.18M, up from 300,873 at the end of the previous reported quarter. Elizabeth Park Capital Advisors Ltd who had been investing in Zions Bancorporation for a number of months, seems to be bullish on the $10.92B market cap company. The stock decreased 1.09% or $0.61 during the last trading session, reaching $55.39. About 532,045 shares traded. Zions Bancorporation (NASDAQ:ZION) has risen 39.55% since June 14, 2017 and is uptrending. It has outperformed by 26.98% the S&P500. Some Historical ZION News: 22/04/2018 – DJ Zions Bancorporation, Inst Holders, 1Q 2018 (ZION); 29/03/2018 – First Foundation Bank Expands Banking Team, Adds New Branch Managers and Relationship Banker; 10/05/2018 – Zions Banc Presenting at Barclays Conference May 15; 25/05/2018 – Zions Bancorporation Announces Annual Meeting Of Shareholders; 22/03/2018 Zions Banc Closes Below 50-Day Moving Average: Technicals; 14/05/2018 – Zions Banc Presenting at Barclays Conference Tomorrow; 23/04/2018 – Zions Bancorp 1Q EPS $1.09; 29/05/2018 – Zions Banc Presenting at Deutsche Bank Conference Tomorrow; 25/05/2018 – Zions Banc Presenting at Deutsche Bank Conference May 30; 23/04/2018 – ZIONS BANC 1Q EPS $1.09

Karpus Management Inc increased its stake in Duff & Phelps Utility & Corporate Bond Tr (DUC) by 90.13% based on its latest 2018Q1 regulatory filing with the SEC. Karpus Management Inc bought 1.37 million shares as the company’s stock declined 3.10% with the market. The institutional investor held 2.89 million shares of the company at the end of 2018Q1, valued at $24.82 million, up from 1.52M at the end of the previous reported quarter. Karpus Management Inc who had been investing in Duff & Phelps Utility & Corporate Bond Tr for a number of months, seems to be bullish on the $232.72M market cap company. The stock decreased 0.01% or $0.0009 during the last trading session, reaching $8.4641. About 3,807 shares traded. Duff & Phelps Utility & Corpora (NYSE:DUC) has declined 8.46% since June 14, 2017 and is downtrending. It has underperformed by 21.03% the S&P500.

Karpus Management Inc, which manages about $2.60 billion and $2.23 billion US Long portfolio, decreased its stake in Ishares Short Term National Muni Bond (SUB) by 59,100 shares to 144,524 shares, valued at $15.16 million in 2018Q1, according to the filing. It also reduced its holding in Aberdeen Japan Equity Fund Inc (JEQ) by 34,910 shares in the quarter, leaving it with 843,227 shares, and cut its stake in Vanguard Interm (VCIT).

Investors sentiment decreased to 0.75 in Q1 2018. Its down 1.88, from 2.63 in 2017Q4. It fall, as 8 investors sold DUC shares while 8 reduced holdings. 3 funds opened positions while 9 raised stakes. 12.67 million shares or 14.12% more from 11.10 million shares in 2017Q4 were reported. Sit Invest Associate reported 4.15M shares. Invesco accumulated 285,243 shares. Reilly Financial Advisors Ltd invested in 1,284 shares or 0% of the stock. Alpine Glob Mngmt Lc holds 0.05% or 22,805 shares. Lpl Fincl Ltd Co invested in 24,373 shares. Royal Bankshares Of Canada accumulated 4,302 shares or 0% of the stock. Moreover, Mark Sheptoff Finance Planning Ltd Liability Corporation has 0.02% invested in Duff & Phelps Utility & Corpora (NYSE:DUC) for 3,971 shares. Karpus Mgmt holds 2.89 million shares or 1.11% of its portfolio. Cambridge Investment Advsr Incorporated reported 0% in Duff & Phelps Utility & Corpora (NYSE:DUC). Us Bancorp De owns 1,400 shares or 0% of their US portfolio. Hbk Sorce Advisory Limited Liability Corporation owns 12,400 shares for 0.01% of their portfolio. Mariner Ltd Liability has invested 0% of its portfolio in Duff & Phelps Utility & Corpora (NYSE:DUC). Guggenheim Capital Ltd Liability Com holds 131,770 shares or 0% of its portfolio. Horizon Kinetics Ltd Com has 14,325 shares. Susquehanna International Limited Liability Partnership stated it has 0% in Duff & Phelps Utility & Corpora (NYSE:DUC).

More news for Zions Bancorporation (NASDAQ:ZION) were recently published by: Nasdaq.com, which released: “Factors of Influence in 2018, Key Indicators and Opportunity within Jabil, Gladstone Investment, Spero Therapeutics …” on June 11, 2018. Fool.com‘s article titled: “3 Top Bank Stocks to Buy in June” and published on June 06, 2018 is yet another important article.

Among 32 analysts covering Zions Bancorporation (NASDAQ:ZION), 19 have Buy rating, 1 Sell and 12 Hold. Therefore 59% are positive. Zions Bancorporation had 144 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Tuesday, October 24. On Tuesday, October 3 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm has “Buy” rating by FBR Capital given on Tuesday, February 27. The stock of Zions Bancorporation (NASDAQ:ZION) has “Buy” rating given on Wednesday, February 14 by Bank of America. BMO Capital Markets maintained Zions Bancorporation (NASDAQ:ZION) on Monday, April 23 with “Hold” rating. SunTrust maintained the stock with “Buy” rating in Monday, April 23 report. The stock of Zions Bancorporation (NASDAQ:ZION) earned “Underperform” rating by Robert W. Baird on Monday, August 7. Jefferies maintained it with “Buy” rating and $4900 target in Friday, August 11 report. Keefe Bruyette & Woods upgraded it to “Buy” rating and $53.0 target in Tuesday, December 12 report. Macquarie Research maintained Zions Bancorporation (NASDAQ:ZION) on Tuesday, April 26 with “Outperform” rating.

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.14, from 1.07 in 2017Q4. It dived, as 37 investors sold ZION shares while 165 reduced holdings. 66 funds opened positions while 122 raised stakes. 179.96 million shares or 1.09% less from 181.93 million shares in 2017Q4 were reported. State Treasurer State Of Michigan owns 57,806 shares or 0.02% of their US portfolio. Sei owns 368,468 shares for 0.07% of their portfolio. Gulf Bankshares (Uk) Ltd holds 0.04% in Zions Bancorporation (NASDAQ:ZION) or 62,333 shares. 135,410 are owned by Castleark Mngmt Lc. Bancshares Of Nova Scotia invested in 0.03% or 116,015 shares. Glob X Management Lc has 5,525 shares for 0.01% of their portfolio. Moreover, Columbus Circle has 0.85% invested in Zions Bancorporation (NASDAQ:ZION). Zacks Inv Management reported 47,860 shares or 0.06% of all its holdings. Everence Cap Management Inc holds 5,120 shares or 0.06% of its portfolio. Qs Investors Limited Liability Corporation has 0% invested in Zions Bancorporation (NASDAQ:ZION). Hancock holds 0.05% in Zions Bancorporation (NASDAQ:ZION) or 21,700 shares. The New York-based Tiaa Cref Inv Llc has invested 0.12% in Zions Bancorporation (NASDAQ:ZION). Advisor Ptnrs Ltd Com reported 7,869 shares. Eagle Asset Mngmt reported 92,679 shares. U S Glob Investors holds 0.29% or 8,900 shares.

Zions Bancorporation (NASDAQ:ZION) Institutional Positions Chart

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