October 30, 2017 – By Michael Collier
Investors sentiment increased to 1.38 in 2017 Q2. Its up 0.27, from 1.11 in 2017Q1. It increased, as 38 investors sold East West Bancorp, Inc. shares while 105 reduced holdings. 71 funds opened positions while 126 raised stakes. 123.29 million shares or 2.37% more from 120.43 million shares in 2017Q1 were reported.
M&R Capital holds 9,466 shares or 0.13% of its portfolio. Castleark Mgmt holds 70,320 shares or 0.13% of its portfolio. Quantum Cap owns 8,205 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.01% invested in East West Bancorp, Inc. (NASDAQ:EWBC) for 23,516 shares. Globeflex Cap Ltd Partnership, a California-based fund reported 25 shares. Telemus Ltd stated it has 0.51% in East West Bancorp, Inc. (NASDAQ:EWBC). Ing Groep Nv holds 0.02% or 17,577 shares. Cadence Ltd invested in 5,859 shares or 0.02% of the stock. Morgan Stanley invested in 366,278 shares or 0.01% of the stock. Quantitative Systematic Strategies Limited Company reported 10,354 shares. Orrstown Finance Services holds 0% or 45 shares. Neuberger Berman Group Limited Com invested 0.01% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC). Kennedy Capital Mngmt accumulated 294,967 shares or 0.33% of the stock. Johnson Investment Counsel Inc, Ohio-based fund reported 12,000 shares. Moreover, Pillar Pacific Cap Management Lc has 0.49% invested in East West Bancorp, Inc. (NASDAQ:EWBC).
Since May 10, 2017, it had 0 insider purchases, and 2 insider sales for $99,256 activity. Shares for $32,999 were sold by CAMPBELL MOLLY on Wednesday, May 10.
East West Bancorp, Inc. (NASDAQ:EWBC) is expected to pay $0.20 on Nov 15, 2017. The indicated annual dividend is $0.80. Shareholders owning the stock before Oct 31, 2017 will be eligible to receive the payout. Based on East West Bancorp, Inc.’s current price of $61.19, the dividend is 0.33 %. This dividend’s record date is Nov 1, 2017 and the announcement date is Oct 19, 2017. The stock decreased 0.05% or $0.03 on October 27, reaching $61.19. About shares traded. East West Bancorp, Inc. (NASDAQ:EWBC) has risen 46.25% since October 30, 2016 and is uptrending. It has outperformed by 29.55% the S&P500.
East West Bancorp, Inc. is a bank holding company. The company has market cap of $8.84 billion. The Company’s principal business is to serve as a holding firm for East West Bank and other banking or banking-related subsidiaries. It has a 16.77 P/E ratio. The Bank is a California state-chartered bank, which operates in the United States and Greater China.
East West Bancorp, Inc. (NASDAQ:EWBC) Ratings Coverage
Among 12 analysts covering East West Bancorp Inc. (NASDAQ:EWBC), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. East West Bancorp Inc. had 33 analyst reports since August 26, 2015 according to SRatingsIntel. The company was downgraded on Friday, July 7 by BMO Capital Markets. Piper Jaffray maintained East West Bancorp, Inc. (NASDAQ:EWBC) on Thursday, July 20 with “Buy” rating. Piper Jaffray maintained East West Bancorp, Inc. (NASDAQ:EWBC) rating on Thursday, September 21. Piper Jaffray has “Buy” rating and $68.0 target. The company was upgraded on Thursday, October 5 by Raymond James. Keefe Bruyette & Woods maintained the shares of EWBC in report on Tuesday, October 3 with “Hold” rating. The firm earned “Underperform” rating on Thursday, March 16 by Raymond James. The stock of East West Bancorp, Inc. (NASDAQ:EWBC) earned “Hold” rating by Keefe Bruyette & Woods on Monday, September 25. The stock of East West Bancorp, Inc. (NASDAQ:EWBC) has “Market Perform” rating given on Friday, October 20 by BMO Capital Markets. On Thursday, April 28 the stock rating was downgraded by Keefe Bruyette & Woods to “Market Perform”. The firm earned “Hold” rating on Monday, July 24 by Keefe Bruyette & Woods.
More news for East West Bancorp, Inc. (NASDAQ:EWBC) were recently published by: Nasdaq.com, which released: “First Week of January 2018 Options Trading For East West Bancorp (EWBC)” on October 19, 2017. Businesswire.com‘s article titled: “East West Bancorp Reports Net Income for Third Quarter 2017 of $132.7 Million …” and published on October 19, 2017 is yet another important article.
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