Quantitative Investment Management Has Decreased Its Zions Bancorporation Com (ZION) Position; Franklin Resources Cut Sanofi (SNY) Holding

February 21, 2018 - By Ellis Scott

Franklin Resources Inc decreased Sanofi (SNY) stake by 0.05% reported in 2017Q3 SEC filing. Franklin Resources Inc sold 10,313 shares as Sanofi (SNY)’s stock rose 14.25%. The Franklin Resources Inc holds 20.88 million shares with $1.04B value, down from 20.89 million last quarter. Sanofi now has $93.81B valuation. The stock increased 1.02% or $0.4 during the last trading session, reaching $39.95. About 1.19 million shares traded. Sanofi (NYSE:SNY) has risen 26.96% since February 21, 2017 and is uptrending. It has outperformed by 10.26% the S&P500.

Quantitative Investment Management Llc decreased Zions Bancorporation Com (ZION) stake by 15.37% reported in 2017Q3 SEC filing. Quantitative Investment Management Llc sold 18,300 shares as Zions Bancorporation Com (ZION)’s stock declined 10.19%. The Quantitative Investment Management Llc holds 100,800 shares with $4.76M value, down from 119,100 last quarter. Zions Bancorporation Com now has $11.16B valuation. The stock increased 2.75% or $1.51 during the last trading session, reaching $56.48. About 1.22M shares traded. Zions Bancorporation (NASDAQ:ZION) has risen 48.85% since February 21, 2017 and is uptrending. It has outperformed by 32.15% the S&P500.

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.04, from 1.09 in 2017Q2. It turned negative, as 45 investors sold ZION shares while 132 reduced holdings. 54 funds opened positions while 131 raised stakes. 181.27 million shares or 1.35% less from 183.76 million shares in 2017Q2 were reported. Moreover, Eagle Asset Mngmt has 0.02% invested in Zions Bancorporation (NASDAQ:ZION) for 91,657 shares. Great Lakes Advsrs Lc accumulated 0.27% or 238,880 shares. Twin Mgmt stated it has 0.31% in Zions Bancorporation (NASDAQ:ZION). 28,689 are held by Nomura Asset Mgmt Limited. Sumitomo Mitsui Asset Mgmt accumulated 16,180 shares. Banced Corp reported 13,184 shares or 1.08% of all its holdings. Farmers And Merchants Inc reported 65 shares. Citigroup accumulated 0.01% or 199,955 shares. Rmb Capital Mgmt Ltd Liability Corp reported 47 shares or 0% of all its holdings. Hbk Sorce Advisory Limited Liability Corporation owns 14,168 shares. Stevens Cap Limited Partnership stated it has 0.39% of its portfolio in Zions Bancorporation (NASDAQ:ZION). 56,028 are held by Texas Permanent School Fund. 45,600 were accumulated by Andra Ap. Clinton Grp Incorporated, a New York-based fund reported 21,655 shares. Michigan-based State Treasurer State Of Michigan has invested 0.02% in Zions Bancorporation (NASDAQ:ZION).

Quantitative Investment Management Llc increased Kohl’s Corp (NYSE:KSS) stake by 34,500 shares to 285,900 valued at $13.05 million in 2017Q3. It also upped Kb Home (NYSE:KBH) stake by 167,700 shares and now owns 212,300 shares. Expeditors International Of Washington (NASDAQ:EXPD) was raised too.

Among 30 analysts covering Zions Bancorporation (NASDAQ:ZION), 16 have Buy rating, 1 Sell and 13 Hold. Therefore 53% are positive. Zions Bancorporation had 122 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Zions Bancorporation (NASDAQ:ZION) earned “Buy” rating by Compass Point on Wednesday, March 29. Sandler O’Neill maintained it with “Buy” rating and $60.0 target in Tuesday, January 23 report. The company was maintained on Tuesday, September 13 by Raymond James. JMP Securities initiated Zions Bancorporation (NASDAQ:ZION) on Thursday, February 2 with “Mkt Perform” rating. The rating was maintained by SunTrust with “Buy” on Monday, January 8. On Thursday, January 4 the stock rating was maintained by Susquehanna with “Hold”. The stock of Zions Bancorporation (NASDAQ:ZION) has “Buy” rating given on Friday, September 15 by Jefferies. BMO Capital Markets maintained Zions Bancorporation (NASDAQ:ZION) rating on Tuesday, July 25. BMO Capital Markets has “Hold” rating and $4700 target. The firm earned “Buy” rating on Thursday, June 8 by Jefferies. The rating was maintained by RBC Capital Markets on Thursday, June 22 with “Buy”.

Since December 8, 2017, it had 0 buys, and 7 sales for $1.78 million activity. James Dianne R had sold 1,500 shares worth $81,375 on Wednesday, February 14. $67,844 worth of Zions Bancorporation (NASDAQ:ZION) shares were sold by LAURSEN THOMAS E. Another trade for 3,060 shares valued at $159,120 was sold by Linderman LeeAnne B. The insider Young Mark Richard sold $764,781. BLACKFORD DAVID E also sold $105,992 worth of Zions Bancorporation (NASDAQ:ZION) shares. Hume Alexander sold $387,649 worth of Zions Bancorporation (NASDAQ:ZION) on Wednesday, January 31.

Analysts await Zions Bancorporation (NASDAQ:ZION) to report earnings on April, 23. They expect $0.82 EPS, up 34.43% or $0.21 from last year’s $0.61 per share. ZION’s profit will be $161.98 million for 17.22 P/E if the $0.82 EPS becomes a reality. After $0.80 actual EPS reported by Zions Bancorporation for the previous quarter, Wall Street now forecasts 2.50% EPS growth.

Franklin Resources Inc increased Tyler Technologies Inc (NYSE:TYL) stake by 50,628 shares to 587,419 valued at $102.40 million in 2017Q3. It also upped Aclaris Therapeutics Inc stake by 75,488 shares and now owns 2.03M shares. Sba Communications Corp New was raised too.

Analysts await Sanofi (NYSE:SNY) to report earnings on April, 27. They expect $0.84 EPS, up 10.53% or $0.08 from last year’s $0.76 per share. SNY’s profit will be $1.97 billion for 11.89 P/E if the $0.84 EPS becomes a reality. After $0.62 actual EPS reported by Sanofi for the previous quarter, Wall Street now forecasts 35.48% EPS growth.

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