Michael Morris Unloaded 10000 shares of Zions Bancorporation (ZION) in an Insider Trade; Parker Hannifin Has 1.07 Sentiment

Parker-Hannifin Corporation (NYSE:PH) Logo

Sentiment for Parker Hannifin Corp (PH)

Parker Hannifin Corp (PH) investors sentiment increased to 1.07 in 2017 Q4. It’s up 0.12, from 0.95 in 2017Q3. The ratio is better, as 262 active investment managers started new or increased stock positions, while 245 sold and reduced stakes in Parker Hannifin Corp. The active investment managers in our database now own: 100.90 million shares, up from 100.03 million shares in 2017Q3. Also, the number of active investment managers holding Parker Hannifin Corp in top ten stock positions increased from 6 to 7 for an increase of 1. Sold All: 44 Reduced: 201 Increased: 191 New Position: 71.

Ratings analysis reveals 63% of Parker-Hannifin’s analysts are positive. Out of 8 Wall Street analysts rating Parker-Hannifin, 5 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $141.0 while the high is $175.0. The stock’s average target of $158.67 is -3.47% below today’s ($164.38) share price. PH was included in 8 notes of analysts from October 5, 2016. The company was upgraded on Tuesday, October 11 by Goldman Sachs. The company was upgraded on Tuesday, February 7 by Argus Research. The stock of Parker-Hannifin Corporation (NYSE:PH) earned “Hold” rating by Aegis Capital on Friday, December 9. The firm has “Overweight” rating given on Monday, November 7 by Morgan Stanley. BMO Capital Markets upgraded Parker-Hannifin Corporation (NYSE:PH) on Friday, January 13 to “Outperform” rating. The firm has “Buy” rating given on Wednesday, October 5 by Stifel Nicolaus. The stock of Parker-Hannifin Corporation (NYSE:PH) has “Neutral” rating given on Tuesday, November 8 by JP Morgan. The stock of Parker-Hannifin Corporation (NYSE:PH) has “Buy” rating given on Wednesday, February 15 by Bank of America.

Longview Partners (Guernsey) Ltd holds 5.68% of its portfolio in Parker-Hannifin Corporation for 5.44 million shares. Marvin & Palmer Associates Inc owns 22,812 shares or 4.72% of their US portfolio. Moreover, Southport Management L.L.C. has 4.66% invested in the company for 9,500 shares. The Japan-based Mu Investments Co. Ltd. has invested 3.93% in the stock. Contravisory Investment Management Inc., a Massachusetts-based fund reported 37,049 shares.

The stock increased 1.13% or $1.83 during the last trading session, reaching $164.38. About 2.80M shares traded or 134.40% up from the average. Parker-Hannifin Corporation (PH) has risen 9.45% since April 28, 2017 and is uptrending. It has underperformed by 2.10% the S&P500.

Since January 1, 0001, it had 0 buys, and 3 selling transactions for $780,751 activity.

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company has market cap of $21.87 billion. The firm operates in two divisions, Diversified Industrial and Aerospace Systems. It has a 25.57 P/E ratio. The Diversified Industrial segment provides static and dynamic sealing devices; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; hydraulic, pneumatic, and electromechanical components and systems for builders and users of industrial and mobile machinery and equipment; and critical flow components for process instrumentation, healthcare, and ultra-high-purity applications, as well as components for use in refrigeration and air conditioning systems, and in fluid control applications for processing, fuel dispensing, beverage dispensing, and mobile emissions.

Zions Bancorporation Executive Vice President Michael Morris on the April 27, 2018 sold a total of 10,000 shares of the Pinksheet-listed company that are worth about $551,754 U.S Dollars. This is based on an average market price per share of $55.2 U.S Dollars. Currently, Mr. Michael, holds 16,808 shares, which accounts for 0.01% of Zions Bancorporation’s market capitalization.

Among 31 analysts covering Zions Bancorporation (NASDAQ:ZION), 19 have Buy rating, 1 Sell and 11 Hold. Therefore 61% are positive. Zions Bancorporation has $67 highest and $1 lowest target. $49.03’s average target is -11.82% below currents $55.6 stock price. Zions Bancorporation had 142 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Zions Bancorporation (NASDAQ:ZION) has “Mkt Perform” rating given on Tuesday, October 25 by FBR Capital. The stock has “Mkt Perform” rating by FBR Capital on Friday, December 2. On Monday, November 20 the stock rating was maintained by FBR Capital with “Buy”. The company was maintained on Wednesday, June 28 by BMO Capital Markets. The firm has “Neutral” rating given on Tuesday, November 24 by Piper Jaffray. As per Tuesday, January 23, the company rating was upgraded by BMO Capital Markets. FBR Capital upgraded it to “Outperform” rating and $49 target in Tuesday, December 20 report. Jefferies maintained the stock with “Hold” rating in Wednesday, July 27 report. As per Tuesday, June 7, the company rating was upgraded by Susquehanna. The firm has “Mkt Perform” rating by FBR Capital given on Tuesday, October 11.

Since December 8, 2017, it had 0 insider buys, and 12 insider sales for $4.31 million activity. 1,250 shares were sold by LAURSEN THOMAS E, worth $67,844. The insider Hume Alexander sold 7,196 shares worth $387,649. 15,000 shares were sold by Young Mark Richard, worth $764,781. James Dianne R sold $81,375 worth of Zions Bancorporation (NASDAQ:ZION) on Wednesday, February 14. $260,550 worth of Zions Bancorporation (NASDAQ:ZION) shares were sold by ALEXANDER BRUCE K. On Monday, February 12 BLACKFORD DAVID E sold $211,791 worth of Zions Bancorporation (NASDAQ:ZION) or 4,115 shares. $159,120 worth of stock was sold by Linderman LeeAnne B on Tuesday, February 13.

Zions Bancorporation, a financial holding company, provides a range of banking and related services primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company has market cap of $10.96 billion. The firm offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related services and products; and residential mortgage servicing and lending. It has a 21.38 P/E ratio. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services.

The stock increased 0.96% or $0.53 during the last trading session, reaching $55.6. About 1.68 million shares traded. Zions Bancorporation (NASDAQ:ZION) has risen 27.56% since April 28, 2017 and is uptrending. It has outperformed by 16.01% the S&P500.

Zions Bancorporation (NASDAQ:ZION) Institutional Positions Chart