Endeavour Capital Advisors Has Raised Its Zions Bancorporation (ZION) Position by $5.19 Million; Meditor Group LTD Increased Position in Exelixis (EXEL) as Share Price Declined

December 7, 2017 - By Marie Mckinney

Meditor Group Ltd increased its stake in Exelixis Inc (EXEL) by 5.45% based on its latest 2017Q2 regulatory filing with the SEC. Meditor Group Ltd bought 1.05 million shares as the company’s stock declined 14.88% while stock markets rallied. The institutional investor held 20.23M shares of the health care company at the end of 2017Q2, valued at $498.26 million, up from 19.18M at the end of the previous reported quarter. Meditor Group Ltd who had been investing in Exelixis Inc for a number of months, seems to be bullish on the $7.79 billion market cap company. The stock increased 0.42% or $0.11 during the last trading session, reaching $26.33. About 98,985 shares traded. Exelixis, Inc. (NASDAQ:EXEL) has risen 266.48% since December 7, 2016 and is uptrending. It has outperformed by 249.78% the S&P500.




Endeavour Capital Advisors Inc increased its stake in Zions Bancorporation (ZION) by 1276.22% based on its latest 2017Q2 regulatory filing with the SEC. Endeavour Capital Advisors Inc bought 120,730 shares as the company’s stock declined 10.19% while stock markets rallied. The hedge fund held 130,190 shares of the major banks company at the end of 2017Q2, valued at $5.72M, up from 9,460 at the end of the previous reported quarter. Endeavour Capital Advisors Inc who had been investing in Zions Bancorporation for a number of months, seems to be bullish on the $10.03B market cap company. The stock increased 0.54% or $0.27 during the last trading session, reaching $50.19. About 124,404 shares traded. Zions Bancorporation (NASDAQ:ZION) has risen 48.85% since December 7, 2016 and is uptrending. It has outperformed by 32.15% the S&P500.

Endeavour Capital Advisors Inc, which manages about $972.14 million and $224.84 million US Long portfolio, decreased its stake in Sun Bancorp Inc (NASDAQ:SNBC) by 82,173 shares to 382,841 shares, valued at $9.44M in 2017Q2, according to the filing. It also reduced its holding in First Bancshares Inc Ms (NASDAQ:FBMS) by 53,237 shares in the quarter, leaving it with 180,775 shares, and cut its stake in Allegiance Bancshares Inc.

Among 28 analysts covering Zions Bancorporation (NASDAQ:ZION), 13 have Buy rating, 1 Sell and 14 Hold. Therefore 46% are positive. Zions Bancorporation had 103 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 3 by Piper Jaffray. The rating was initiated by JMP Securities on Thursday, February 2 with “Mkt Perform”. Bank of America upgraded Zions Bancorporation (NASDAQ:ZION) on Thursday, December 15 to “Neutral” rating. The stock of Zions Bancorporation (NASDAQ:ZION) has “Sell” rating given on Friday, November 3 by Robert W. Baird. Robert W. Baird upgraded Zions Bancorporation (NASDAQ:ZION) on Friday, September 8 to “Neutral” rating. The stock of Zions Bancorporation (NASDAQ:ZION) has “Hold” rating given on Tuesday, July 25 by BMO Capital Markets. The stock of Zions Bancorporation (NASDAQ:ZION) earned “Neutral” rating by Susquehanna on Thursday, December 1. Jefferies upgraded the stock to “Buy” rating in Monday, November 28 report. The stock of Zions Bancorporation (NASDAQ:ZION) has “Equal-Weight” rating given on Wednesday, November 16 by Morgan Stanley. The firm earned “Hold” rating on Tuesday, April 26 by Evercore.

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. Colony Gp Llc has invested 0.02% in Zions Bancorporation (NASDAQ:ZION). Gam Holdings Ag invested 0.01% of its portfolio in Zions Bancorporation (NASDAQ:ZION). Comerica National Bank & Trust reported 48,688 shares. Meiji Yasuda Life Insurance Com has 10,160 shares. Rampart Investment Management Lc has invested 0.04% of its portfolio in Zions Bancorporation (NASDAQ:ZION). Panagora Asset Mgmt reported 0.12% stake. Prelude Capital Mgmt Ltd Llc has 0% invested in Zions Bancorporation (NASDAQ:ZION). Quantitative Systematic Strategies Ltd Co, Connecticut-based fund reported 12,214 shares. Jane Street Group Ltd Liability Company owns 12,714 shares. Cipher Lp accumulated 37,915 shares. Dimensional Fund Lp invested in 0.08% or 3.83 million shares. Chevy Chase Trust Incorporated reported 0.04% of its portfolio in Zions Bancorporation (NASDAQ:ZION). Commonwealth Of Pennsylvania Public School Empls Retrmt owns 15,054 shares. Centre Asset Mgmt Lc reported 101,400 shares. Brandywine Global Inv Mgmt Limited Liability Corporation invested in 0.07% or 236,898 shares.

More notable recent Zions Bancorporation (NASDAQ:ZION) news were published by: Reuters.com which released: “Zions Bancorp seeks to shed ‘systematically important’ tag” on November 20, 2017, also Nasdaq.com with their article: “Zions Bancorporation Reaches Analyst Target Price” published on December 05, 2017, Businessinsider.com published: “UPDATE 1-Zions Bancorp files petition to lose ‘systemically important’ tag” on November 20, 2017. More interesting news about Zions Bancorporation (NASDAQ:ZION) were released by: Nytimes.com and their article: “Ditching ‘Too Big to Fail’ Tag Only Solves Some Problems” published on November 21, 2017 as well as Foxbusiness.com‘s news article titled: “Zions to Challenge Its ‘Big Bank’ Label — 3rd Update” with publication date: November 20, 2017.

Among 11 analysts covering Exelixis (NASDAQ:EXEL), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Exelixis had 34 analyst reports since January 19, 2016 according to SRatingsIntel. The rating was downgraded by Leerink Swann on Friday, September 22 to “Market Perform”. The stock of Exelixis, Inc. (NASDAQ:EXEL) has “Buy” rating given on Wednesday, August 16 by Piper Jaffray. The stock of Exelixis, Inc. (NASDAQ:EXEL) has “Overweight” rating given on Monday, October 10 by Piper Jaffray. The rating was maintained by Leerink Swann with “Buy” on Wednesday, August 16. As per Monday, April 4, the company rating was upgraded by Stifel Nicolaus. On Thursday, July 20 the stock rating was maintained by Oppenheimer with “Hold”. The stock of Exelixis, Inc. (NASDAQ:EXEL) earned “Hold” rating by Oppenheimer on Wednesday, August 16. The firm has “Hold” rating given on Tuesday, February 28 by Stifel Nicolaus. The rating was maintained by Cowen & Co on Thursday, August 3 with “Buy”. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, August 2.

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