Paradigm Asset Management Co Raised By $1.41 Billion Its Zion Bancorp (ZION) Stake; Chemed (CHE)’s Sentiment Is … – Key Gazette


October 30, 2017 – By Louis Casey

Paradigm Asset Management Co Llc increased Zion Bancorp (ZION) stake by 6410% reported in 2017Q2 SEC filing. Paradigm Asset Management Co Llc acquired 32,050 shares as Zion Bancorp (ZION)’s stock declined 10.19%. The Paradigm Asset Management Co Llc holds 32,550 shares with $1.43 billion value, up from 500 last quarter. Zion Bancorp now has $9.52B valuation. The stock increased 0.38% or $0.18 on October 27, reaching $47.11. About shares traded. Zions Bancorp (NASDAQ:ZION) has risen 48.85% since October 30, 2016 and is uptrending. It has outperformed by 32.15% the S&P500.

Chemed Corporation purchases, operates and divests subsidiaries engaged in various business activities. The company has market cap of $3.71 billion. The Firm operates through two divisions: the VITAS segment and the Roto-Rooter segment (Roto-Rooter). It has a 51.74 P/E ratio. The Company’s VITAS provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers.

Investors sentiment increased to 1.09 in Q2 2017. Its up 0.13, from 0.96 in 2017Q1. It improved, as 57 investors sold ZION shares while 130 reduced holdings. 68 funds opened positions while 136 raised stakes. 183.76 million shares or 0.95% less from 185.52 million shares in 2017Q1 were reported. Ontario – Canada-based Ontario Teachers Pension Plan Board has invested 0.01% in Zions Bancorp (NASDAQ:ZION). Veritable LP reported 5,775 shares. Shell Asset reported 51,093 shares. Greenwood Capital Associate Ltd Liability Corporation invested in 5,295 shares or 0.06% of the stock. Millennium Management Ltd Limited Liability Company has invested 0.29% in Zions Bancorp (NASDAQ:ZION). Colony Grp Limited Liability Com invested 0.02% in Zions Bancorp (NASDAQ:ZION). Adage Prtn Ltd Liability stated it has 0.05% in Zions Bancorp (NASDAQ:ZION). Principal Financial Grp holds 0.01% in Zions Bancorp (NASDAQ:ZION) or 319,256 shares. Eaton Vance Mgmt reported 137,536 shares. Rampart Investment Mgmt Limited Liability Corp holds 0.04% or 2,271 shares. Comerica Bancorporation has 48,688 shares for 0.02% of their portfolio. Crestpoint Cap Management Limited Com reported 0.49% of its portfolio in Zions Bancorp (NASDAQ:ZION). Amp Investors Limited owns 161,615 shares. Sg Americas Secs Lc holds 0.01% or 14,213 shares. Ejf Limited Liability Company invested in 6.55% or 1.76 million shares.

Paradigm Asset Management Co Llc decreased Treehouse Foods Inc (NYSE:THS) stake by 2,400 shares to 2,300 valued at $187.89M in 2017Q2. It also reduced Marathon Petroleum Corp (NYSE:MPC) stake by 250 shares and now owns 2,900 shares. Vulcan Matls (NYSE:VMC) was reduced too.

Since May 8, 2017, it had 0 insider buys, and 8 insider sales for $2.79 million activity. On Wednesday, May 31 the insider BLACKFORD DAVID E sold $82,791. $339,736 worth of Zions Bancorp (NASDAQ:ZION) was sold by Linderman LeeAnne B on Wednesday, May 31. STEPHENS STEVEN DAN had sold 12,000 shares worth $480,910 on Monday, May 22. Shares for $142,048 were sold by Young Mark Richard on Wednesday, May 31. $35,398 worth of stock was sold by LAURSEN THOMAS E on Monday, May 8. $481,777 worth of Zions Bancorp (NASDAQ:ZION) was sold by Reilly Joseph L. on Monday, May 22.

Among 27 analysts covering Zions Bancorporation (NASDAQ:ZION), 13 have Buy rating, 1 Sell and 13 Hold. Therefore 48% are positive. Zions Bancorporation had 99 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Zions Bancorp (NASDAQ:ZION) earned “Buy” rating by Jefferies on Thursday, June 8. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, June 28. The firm has “Buy” rating by Raymond James given on Tuesday, September 13. UBS upgraded it to “Neutral” rating and $46 target in Wednesday, January 11 report. The firm has “Hold” rating by BMO Capital Markets given on Tuesday, October 3. Piper Jaffray maintained the stock with “Hold” rating in Monday, October 23 report. The company was downgraded on Thursday, December 1 by Susquehanna. The stock of Zions Bancorp (NASDAQ:ZION) has “Neutral” rating given on Thursday, May 12 by Compass Point. The firm has “Strong Buy” rating by Raymond James given on Monday, May 9. Morgan Stanley downgraded Zions Bancorp (NASDAQ:ZION) on Wednesday, November 16 to “Equal-Weight” rating.

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