Economy

East West Bancorp, Inc. (NASDAQ:EWBC) Position Boosted by WBI Investments Inc

Messner & Smith Theme Value Investment Management Ltd sold 14,586 shares as the company's stock rose 11.01% with the market.

James Investment Research Inc increased Amaya Inc (AMYGF) stake by 51,782 shares to 193,636 valued at $3.47M in 2017Q2. The stock has a market capitalization of $8.30 billion, a price-to-earnings ratio of 16.40 and a beta of 1.43. The count of Hold ratings in that period was 1. It has outperformed by 21.49% the S&P500. After $0.81 actual earnings per share reported by East West Bancorp, Inc. for the previous quarter, Wall Street now forecasts 7.41% EPS growth. First Manhattan Comm owns 1,000 shares. Capital Research Global Investors sold 260,000 shares as the company's stock declined 10.40% while stock markets rallied.

East West Bancorp, Inc.is a bank holding company.

The stock decreased 2.97% or $1.01 during the last trading session, reaching $33.03. About 374,550 shares traded.

Among 11 analysts covering East West Bancorp Inc. It has outperformed by 27.53% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q2. Its up 0.10, from 1 in 2017Q1. 22 funds opened positions while 66 raised stakes. 103.85 million shares or 1.52% more from 102.30 million shares in 2017Q1 were reported. Synovus stated it has 7,702 shares or 0.01% of all its holdings. Pub Employees Retirement Association Of Colorado stated it has 0.13% in East West Bancorp, Inc. (NASDAQ:EWBC). Kennedy Cap Management reported 294,967 shares stake. Hermes Inv Mngmt Ltd holds 1.04% in East West Bancorp, Inc. (NASDAQ:EWBC). Susquehanna International Group Limited Liability Partnership reported 15,439 shares. It operates through three segments: Retail Banking, Commercial Banking and Other. Swiss Bancorp invested in 98,700 shares or 0% of the stock.

According to Zacks, "East West Bancorp, Inc.is the holding company for East West Bank, East West Capital Trust I, East West Capital Trust II and Risk Services, Inc". (NASDAQ:EWBC). Pacad Investment Limited holds 8,142 shares. BlackRock Investment Management LLC increased its position in East West Bancorp by 0.9% in the third quarter.

The analysts offering 12 month price targets for East West Bancorp, Inc. have a median target of $64, with a high estimate of $68 and a low estimate of $57. Two equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $41.67. Therefore 55% are positive.

COPYRIGHT VIOLATION NOTICE: "East West Bancorp, Inc". BMO Capital Markets downgraded the shares of EWBC in report on Friday, July 7 to "Market Perform" rating. Wells Fargo upgraded East West Bancorp, Inc. (NASDAQ:EWBC), 6 have Buy rating, 1 Sell and 4 Hold. The firm has "Hold" rating given on Friday, July 14 by Deutsche Bank.

07/20/2015 - East West Bancorp, Inc. had its "outperform" rating reiterated by analysts at RBC Capital. (NASDAQ:EWBC) has "Market Perform" rating given on Thursday, April 28 by Wood. The Company's principal business is to serve as a holding firm for East West Bank and other banking or banking-related subsidiaries. As per Monday, October 5, the company rating was downgraded by Raymond James. East West Bancorp has a consensus rating of Hold and a consensus price target of $63.00. Royal Bank Of Canada restated a "buy" rating and issued a $46.00 price objective on shares of Great Western Bancorp in a research report on Friday, September 8th. The firm earned "Hold" rating on Monday, July 24 by Keefe Bruyette & Woods. The firm has "Outperform" rating by Macquarie Research given on Friday, July 22.

Since March 28, 2017, it had 0 insider purchases, and 4 insider sales for $2.78 million activity. 2,000 shares were sold by MURAI KEVIN M, worth $234,820 on Tuesday, June 13. (NASDAQ:EWBC) shares. 590 shares were sold by CAMPBELL MOLLY, worth $32,999 on Wednesday, May 10. Copper Rock Capital Partners Llc owns 430,001 shares or 1.31% of their U.S. portfolio. East West Bancorp, Inc.

Investors sentiment decreased to 1.12 in 2017 Q2. Its up 0.30, from 0.83 in 2017Q1. It dropped, as 38 investors sold CCL shares while 225 reduced holdings. Axa accumulated 0.08% or 106,355 shares. Monroe Bank Mi reported 100 shares. Stephens Incorporated Ar has 8,641 shares for 0.02% of their portfolio. Zpr Management has invested 4.87% in SYNNEX Corporation (NYSE:SNX). Natl Pension Ser has 368,862 shares.

Amp Capital Investors Ltd, which manages about $16.87B US Long portfolio, upped its stake in Dell Technologies Inc by 60,386 shares to 298,304 shares, valued at $18.14 million in 2017Q2, according to the filing. Bnp Paribas Arbitrage invested in 0.02% or 86,543 shares. Wetherby Asset holds 0.07% or 6,132 shares. Markel has invested 0.37% of its portfolio in Parker-Hannifin Corp (NYSE:PH). Segall Bryant And Hamill Limited Co has 0.48% invested in Parker-Hannifin Corp (NYSE:PH). They expect $1.99 earnings per share, up 23.60% or $0.38 from last year's $1.61 per share.

Analysts await GrubHub Inc (NYSE:GRUB) to report earnings on October, 25.



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