East West Bancorp (EWBC) Given Buy Rating at Piper Jaffray Companies

Marco Green
January 14, 2018

The institutional investor owned 32,625 shares of the financial services provider's stock after selling 1,605 shares during the period. Waste Mgmt Inc Del now has $38.14 billion valuation. The stock increased 1.56% or $1.025 during the last trading session, reaching $66.925. About 1.11 million shares traded or 23.33% up from the average. Time Warner Inc. (NYSE:TWX) has risen 36.37% since January 13, 2017 and is uptrending. It has outperformed by 13.73% the S&P500.

East West Bancorp (NASDAQ:EWBC) last issued its quarterly earnings results on Thursday, October 19th. Evercore Wealth Management Llc sold 14,816 shares as East West Bancorp Inc (EWBC)'s stock rose 1.19%. After $0.89 actual EPS reported by East West Bancorp, Inc. for the previous quarter, Wall Street now forecasts 2.25% EPS growth. East West Bancorp, Inc. The stock increased 0.17% or $0.16 during the last trading session, reaching $92.05. Wood downgraded East West Bancorp, Inc. It has outperformed by 29.55% the S&P500.

Among 40 analysts covering Time Warner Inc.

Among 33 analysts covering Celgene Corporation (NASDAQ:CELG), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 57% are positive. Celgene Corporation had 124 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus upgraded Expedia, Inc. Western New England Bancorp has an average rating of "Hold" and a consensus target price of $11.80. The stock of Expedia, Inc. (NASDAQ:EWBC). Kbc Gru Nv accumulated 0.01% or 10,989 shares. (NASDAQ:EWBC) has "Equal-Weight" rating given on Wednesday, December 13 by Morgan Stanley. It also increased its holding in Stryker Corp (NYSE:SYK) by 9,100 shares in the quarter, for a total of 259,291 shares, and has risen its stake in Western Union Company (NYSE:WU). The stock has "Buy" rating by Piper Jaffray on Thursday, September 21. (NASDAQ:EXPE) earned "Buy" rating by Cowen & Co on Friday, October 27. (NYSE:TWX) on Wednesday, November 4 with "Buy" rating. The rating was maintained by BMO Capital Markets on Friday, October 20 with "Market Perform".

Investors sentiment increased to 1.24 in Q3 2017. Stockholders of record on Wednesday, February 1st will be paid a dividend of $0.20 per share. Oregon Pub Employees Retirement Fund invested in 0.05% or 142,067 shares. 84 funds opened positions while 193 raised stakes. 586.69 million shares or 2.23% less from 600.08 million shares in 2017Q2 were reported. Charter Trust Com invested in 18,578 shares or 0.13% of the stock. Deprince Race And Zollo, Florida-based fund reported 583,003 shares. Telemus Limited Liability Corporation has 64,507 shares. (NASDAQ:EWBC) shares. The insider LI HERMAN Y sold $610,000. Premier Asset Management Llc, a Illinois-based fund reported 161,505 shares. Nationwide Fund Advsr invested 0.05% of its portfolio in Expedia, Inc. $107,239 worth of East West Bancorp, Inc. (NASDAQ:TTEK) to report earnings on February, 7. Teachers Retirement Sys Of The State Of Kentucky has 0.16% invested in Expedia, Inc. (NASDAQ:BBBY). Bnp Paribas Arbitrage holds 239,485 shares. Synovus Corp stated it has 8,331 shares. 5,983 are owned by Glg Ltd Com.

Eminence Capital Lp decreased Kar Auction Svcs Inc (NYSE:KAR) stake by 45,393 shares to 2.66M valued at $127.18 million in 2017Q3. Following the completion of the sale, the director now owns 23,599 shares in the company, valued at $1,370,393.93. Avalonbay Communities Inc. (NYSE:AVB) was raised too.

Investors sentiment decreased to 1.18 in 2017 Q3. Its down 0.09, from 0.85 in 2017Q2.

East West Bancorp, Inc (East West) is a bank holding company. Cetera Investment Advisers raised its stake in East West Bancorp by 5.8% during the 2nd quarter. 124.37 million shares or 0.88% more from 123.29 million shares in 2017Q2 were reported. Western New England Bancorp, Inc., formerly known as Westfield Financial, Inc., is based in Westfield, MA.

East West Bancorp, Inc. operates as the holding firm for East West Bank that provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals. Wells Fargo maintained East West Bancorp, Inc. (NASDAQ:EWBC) or 427 shares. Bb&T Securities Ltd invested 0.04% of its portfolio in East West Bancorp, Inc. Pictet Asset Mgmt Ltd owns 54,200 shares.

Analysts await East West Bancorp, Inc. (NASDAQ:EWBC). Btim holds 159,773 shares. Balyasny Asset Mngmt Ltd Co reported 55,161 shares. Alpine Woods Capital Limited Liability Company stated it has 5,500 shares. Barclays Public Ltd Company reported 711,293 shares or 0.02% of all its holdings. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.42. (NASDAQ:EWBC) for 5,500 shares. Following the sale, the insider now directly owns 18,015 shares of the company's stock, valued at $1,103,598.90. (NASDAQ:EWBC) was sold by Estrada Rudolph on Monday, September 18.

In other news, insider Wendy H. Cai-Lee sold 1,782 shares of the stock in a transaction that occurred on Thursday, December 8th. About 5.70M shares traded. The firm's revenue was up 15.0% compared to the same quarter last year. sell-side analysts predict that East West Bancorp will post 3.5 earnings per share for the current fiscal year. (NASDAQ:EWBC), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 0 are positive. Sit Investment Associates Inc. owned about 0.20% of East West Bancorp worth $17,549,000 at the end of the most recent reporting period. On Monday, June 12 the stock rating was maintained by RBC Capital Markets with "Hold". Also, Director Jack C. Liu sold 2,200 shares of the business's stock in a transaction dated Tuesday, November 28th. (NASDAQ:EWBC) on Friday, October 20 with "Overweight" rating. The firm earned "Market Perform" rating on Thursday, April 28 by Keefe Bruyette & Woods. The stock has "Buy" rating by Credit Suisse on Monday, October 30. The company was maintained on Friday, April 29 by Suntrust Robinson. Piper Jaffray maintained East West Bancorp, Inc. (NASDAQ:EWBC) has "Outperform" rating given on Friday, July 22 by Macquarie Research.

S&T Bank, which manages about $560.29M US Long portfolio, decreased its stake in Triumph Group Inc (NYSE:TGI) by 14,998 shares to 397,577 shares, valued at $11.83M in 2017Q3, according to the filing.

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