Stieven Capital Advisors LP Lowered Zions Bancorporation (ZION) Holding, Marine Products (MPX) Sentiment Is 0.7

July 6, 2017 - By Marguerite Chambers

Marine Products Corporation manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. The company has market cap of $486.73 million. The Firm designs, makes and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, jet boat and sport fishing markets. It has a 29.84 P/E ratio. The Company’s product offerings include Chaparral sterndrive, outboard and jet pleasure boats, and Robalo outboard sport fishing boats.

Stieven Capital Advisors Lp decreased Zions Bancorporation (ZION) stake by 2.73% reported in 2016Q4 SEC filing. Stieven Capital Advisors Lp sold 10,600 shares as Zions Bancorporation (ZION)’s stock declined 10.19%. The Stieven Capital Advisors Lp holds 378,334 shares with $16.28 million value, down from 388,934 last quarter. Zions Bancorporation now has $9.07B valuation. The stock rose 0.07% or $0.03 reaching $44.77. About 1 shares traded. Zions Bancorp (NASDAQ:ZION) has risen 48.85% since July 6, 2016 and is uptrending. It has outperformed by 32.15% the S&P500.

Since January 1, 0001, it had 1 insider buy, and 3 sales for $233,761 activity.

Teton Advisors Inc. holds 1.12% of its portfolio in Marine Products Corp. for 805,000 shares. Gamco Investors Inc. Et Al owns 1.16 million shares or 0.1% of their US portfolio. Moreover, Perritt Capital Management Inc has 0.08% invested in the company for 24,275 shares. The Georgia-based Synovus Financial Corp has invested 0.04% in the stock. Gabelli Funds Llc, a New York-based fund reported 284,766 shares.

Analysts await Marine Products Corp. (NYSE:MPX) to report earnings on July, 26. They expect $0.15 earnings per share, up 15.38% or $0.02 from last year’s $0.13 per share. MPX’s profit will be $4.99 million for 24.40 P/E if the $0.15 EPS becomes a reality. After $0.15 actual earnings per share reported by Marine Products Corp. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

About shares traded. Marine Products Corp. (MPX) has risen 59.03% since July 6, 2016 and is uptrending. It has outperformed by 42.33% the S&P500.

Investors sentiment increased to 1.23 in Q4 2016. Its up 0.10, from 1.13 in 2016Q3. It improved, as 38 investors sold ZION shares while 125 reduced holdings. 82 funds opened positions while 119 raised stakes. 183.25 million shares or 5.71% more from 173.35 million shares in 2016Q3 were reported. Profund Advsrs Ltd Liability Co has 12,950 shares for 0.03% of their portfolio. Lord Abbett And Limited Com reported 0.04% of its portfolio in Zions Bancorp (NASDAQ:ZION). Penn Cap Mngmt Co reported 991,787 shares. Algebris (Uk) Ltd Liability Partnership invested 0.04% of its portfolio in Zions Bancorp (NASDAQ:ZION). Mesirow Fincl Investment Mgmt has invested 0.11% of its portfolio in Zions Bancorp (NASDAQ:ZION). Ejf Limited Liability Corp owns 1.64 million shares for 5.27% of their portfolio. Finemark Natl Comml Bank reported 0% stake. Magee Thomson Inv Prtn Ltd Llc owns 206,400 shares. Caxton Associate Lp holds 0.19% in Zions Bancorp (NASDAQ:ZION) or 100,000 shares. Aberdeen Asset Management Public Limited Liability Com Uk has 35,848 shares. Mcf Limited Liability holds 0.01% or 886 shares in its portfolio. Voya Investment Mgmt Ltd Liability Co reported 0.01% stake. King Luther Cap Mgmt Corp reported 1.43 million shares. 2,272 are owned by Wealthtrust. Affinity Investment Advisors Ltd has 91,940 shares.

Since January 26, 2017, it had 0 buys, and 19 insider sales for $7.20 million activity. Another trade for 20,624 shares valued at $900,486 was made by Maio Keith D on Thursday, January 26. Shares for $69,644 were sold by BLACKFORD DAVID E on Thursday, January 26. The insider Haun Dallas E sold 5,113 shares worth $220,632. $1.10 million worth of Zions Bancorp (NASDAQ:ZION) shares were sold by WILLIAMS SHELLEY THOMAS. 11,972 shares were sold by Reilly Joseph L., worth $481,777 on Monday, May 22. ALEXANDER BRUCE K sold 3,579 shares worth $162,236. The insider Linderman LeeAnne B sold 29,078 shares worth $1.19 million.

Among 24 analysts covering Zions Bancorporation (NASDAQ:ZION), 10 have Buy rating, 0 Sell and 14 Hold. Therefore 42% are positive. Zions Bancorporation had 73 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Bernstein to “Outperform” on Wednesday, August 26. The stock of Zions Bancorp (NASDAQ:ZION) earned “Mkt Perform” rating by Raymond James on Thursday, October 6. The firm has “Neutral” rating by Bank of America given on Thursday, December 15. On Tuesday, October 25 the stock rating was downgraded by Keefe Bruyette & Woods to “Mkt Perform”. The rating was maintained by UBS with “Sell” on Tuesday, April 26. On Wednesday, November 16 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. The rating was downgraded by Evercore to “Hold” on Tuesday, April 26. On Tuesday, November 24 the stock rating was initiated by Piper Jaffray with “Neutral”. The company was maintained on Tuesday, January 26 by UBS. Compass Point maintained the stock with “Buy” rating in Friday, January 29 report.

Analysts await Zions Bancorp (NASDAQ:ZION) to report earnings on July, 25. They expect $0.61 earnings per share, up 38.64% or $0.17 from last year’s $0.44 per share. ZION’s profit will be $123.58 million for 18.35 P/E if the $0.61 EPS becomes a reality. After $0.61 actual earnings per share reported by Zions Bancorp for the previous quarter, Wall Street now forecasts 0.00% EPS growth.