January 24, 2018

East West Bancorp (EWBC) Earns "Outperform" Rating from Wells Fargo & Co

13 January 2018, 05:31 | Hattie Nash

It dived, as 31 investors sold East West Bancorp, Inc. shares while 116 reduced holdings. The Eminence Capital Lp holds 1.56 million shares with $224.28 million value, up from 1.33 million last quarter. Martingale Asset Management LP who had been investing in East West Bancorp for a number of months, seems to be less bullish one the $9.70B market cap company.

The stock increased 1.10% or $0.1 during the last trading session, reaching $9.15. About 565,313 shares traded. Keefe Bruyette & Woods maintained East West Bancorp, Inc. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since January 12, 2017 and is uptrending. It has outperformed by 29.55% the S&P500.

Eminence Capital Lp increased Expedia Inc Del (EXPE) stake by 17.25% reported in 2017Q3 SEC filing. Lafayette Investments Inc sold 26,058 shares as Bed Bath & Beyond Inc Com (BBBY)'s stock declined 14.12%. Whittier Trust Co. of Nevada Inc. now owns 8,299 shares of the financial services provider's stock valued at $284,000 after buying an additional 855 shares in the last quarter. Waste Mgmt Inc Del now has $38.14 billion valuation. About 1.23 million shares traded. Bed Bath & Beyond Inc. (NASDAQ:EWBC) to report earnings on January, 24. It has underperformed by 24.57% the S&P500.

Investors sentiment decreased to 0.88 in Q3 2017. Its up 0.14, from 1.29 in 2017Q2.

Liverpool open RB Leipzig talks over new Keita fee for January deal
Liverpool FC have already cashed in on Philippe Coutinho this month after agreeing to sell the Brazil global to Barcelona on Monday.

Hedge funds have recently made changes to their positions in the stock. 124.37 million shares or 0.88% more from 123.29 million shares in 2017Q2 were reported. Hilltop Holding accumulated 3,374 shares.

The average 1-year price target for East West Bancorp, Inc. Hennessy stated it has 0.02% in East West Bancorp, Inc. Manufacturers Life Co The owns 20,604 shares or 0% of their USA portfolio. Bbva Compass Bank & Trust Inc holds 7,995 shares or 0.03% of its portfolio. (NYSE:EBF). New York-based Jpmorgan Chase And Commerce has invested 0% in Ennis, Inc. (NASDAQ:EWBC). Covington Cap, a California-based fund reported 53,866 shares. State Of Tennessee Treasury Department reported 208,900 shares.

East West Bancorp (EWBC) traded up $1.24 during mid-day trading on Thursday, reaching $67.14.

EWBC has been the subject of a number of other research reports. Prudential Fincl invested 0.02% of its portfolio in Ennis, Inc. (NASDAQ:EWBC) or 5,000 shares. East West Bancorp, Inc. Nordea Inv Mgmt reported 0% stake. Vanguard Intl Equity Index F (VGK) was raised too.

Passport may not work as address proof anymore
The committee reviewed the things which said that the name of the father can be removed from the passport. Government officers have a white passport, diplomats have issued red ones and all others are blue.

Since September 18, 2017, it had 0 buys, and 3 sales for $1.02 million activity. Also, insider Douglas Paul Krause sold 5,000 shares of the business's stock in a transaction that occurred on Tuesday, December 19th. Toronto Dominion Bank acquired a new position in East West Bancorp during the second quarter worth $104,000. Following the transaction, the insider now owns 18,015 shares in the company, valued at approximately $1,103,598.90. $107,239 worth of East West Bancorp, Inc. (EWBC) delivered a 5.53% earnings surprise. During the same period a year ago, the company earned $0.76 EPS. EWBC's profit would be $131.53M giving it 18.45 P/E if the $0.91 EPS is correct. East West Bancorp had a net margin of 34.75% and a return on equity of 13.51%. Therefore 50% are positive. The Mosaic Company had 80 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has "Outperform" rating by BMO Capital Markets given on Thursday, January 14. The firm has "Hold" rating by Keefe Bruyette & Woods given on Tuesday, October 3. As per Monday, October 5, the company rating was downgraded by Raymond James. ProShare Advisors LLC's holdings in East West Bancorp were worth $1,198,000 as of its most recent filing with the SEC.

The stock of East West Bancorp, Inc. (NASDAQ:EWBC) on Friday, July 14 to "Hold" rating. Also, it has an estimated price-earnings (P/E) multiple of 16.79 and a trailing 12-month price-earnings (P/E) multiple of 18.07. Finally, SunTrust Banks reissued a "buy" rating and set a $65.00 target price on shares of East West Bancorp in a research report on Thursday, October 12th. (NASDAQ:EWBC) rating on Thursday, January 4. Therefore 57% are positive. Celgene Corporation had 124 analyst reports since July 21, 2015 according to SRatingsIntel. Sandler O'Neill maintained it with "Buy" rating and $69.0 target in Thursday, January 4 report. The stock of Bed Bath & Beyond Inc. The firm has "Buy" rating given on Tuesday, November 28 by SunTrust. The company was maintained on Friday, October 27 by Oppenheimer. The company was downgraded on Wednesday, January 27 by Citigroup. As per Friday, October 20, the company rating was maintained by BMO Capital Markets. (NYSE:WM) rating on Friday, October 13. The rating was maintained by Citigroup with "Sell" on Thursday, September 22. As per Monday, January 8, the company rating was maintained by Stifel Nicolaus. The stock has "Neutral" rating by Robert W. Baird on Monday, September 18.

Investors sentiment increased to 1.24 in Q3 2017. 47 funds opened positions while 157 raised stakes. (NYSE:EBF). 2.15 million were reported by Wells Fargo Co Mn. 156,875 are owned by Wells Fargo Communication Mn. (EWBC) has 0 billion shares outstanding now, 92.30% of which belong to institutional investors. 427 are held by Tower Rech Lc (Trc). (NASDAQ:BBBY). Bnp Paribas Arbitrage holds 239,485 shares. Group Incorporated One Trading LP reported 0.02% in The Mosaic Company (NYSE:MOS). Utah Retirement holds 81,131 shares or 0.14% of its portfolio. Prelude Cap Management Ltd Llc has 0.03% invested in Ennis, Inc. Bluemountain Cap Mngmt holds 49,461 shares. Macquarie invested in 4.44 million shares or 0.48% of the stock. 30,000 were reported by Menta Cap Ltd Liability. Sg Americas Ltd Liability holds 0% of its portfolio in Ennis, Inc. The Pennsylvania-based Emerald Advisers Inc Pa has invested 0.34% in the stock.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Weather Service issues 'Winter Storm Warning' for Livingston County
A Winter Weather Advisory was issued Thursday afternoon and is in effect through Saturday morning for the entire Miami Valley. The National Weather Service has issued a WINTER WEATHER ADVISORY for SW Montana east of the divide through noon on Friday .

Other News

Trending Now

Seagate Technology PLC (STX) Receives Consensus Rating of "Hold" from Brokerages
The stock volatility for the week was 4.05% while for the month was 2.57%. 16,100 are owned by Diligent Invsts Ltd. Janus Henderson Group PLC grew its stake in shares of Seagate Technology by 7,384.8% during the 2nd quarter.

AG Mortgage Investment Trust (MITT) Earning Somewhat Positive Press Coverage, Study Shows
It dived, as 73 investors sold AMZN shares while 549 reduced holdings. 44 funds opened positions while 77 raised stakes. Oppenheimer Asset Mgmt Inc stated it has 1,869 shares or 0% of all its holdings. 133,398 are owned by Columbus Circle.

Active Volume Stock: Marathon Patent Group, Inc. (MARA)
Stock's minimum price target estimates has been figured out at $6 while the maximum price target forecast is established at $20. Based on a recent bid, the stock is trading 3.94% away from it's 52- week high and 91.77% away from its 52 week low.

3 men plead not guilty in connection to viral shark-dragging video
At that speed, it was seen crashing in and out of the water; the violent act sparked outrage online and among animal experts. At one point, one of the men points at the shark and says, "Look, it's already nearly dead".

Dark Souls: Remastered On PS4 Pro Will Not Feature HDR Lighting
Unfortunately, full support of mouse and keyboard on PC, the creators of Dark Souls Remastered did not provide any information. Dark Souls Remastered will launch this May in all regions on PC, PlayStation 4 , Xbox One and Nintendo Switch .

Visa boards the signature-free EMV bandwagon at last
Discover will also eliminate it for Mexico and the Caribbean, while American Express is dropping signature requirements worldwide. The days of signing the receipt after a credit card purchase are numbered.

Activision Blizzard, Inc. (NASDAQ:ATVI)
Activision Blizzard, Inc . (NASDAQ: ATVI ) has a market cap of $51 billion and over the last 12 months, ATVI has risen by 76.63%. Five investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company's stock.

JAMB announces new dates for 2018 UTME
He said, "We are unable to access our CBT centres because majority are in the universities and non teaching staff are on strike". He added that the ban affects both candidates and examination officials.

LG Display To Show 88-inch 8K OLED Display at CES
The closest display to this latest panel that's now on the market is the company's 77-inch 4K panel, which costs $21,999.99 CAD. Sources said that Samsung will focus on the 5.8-inch or 6-inch iPhone X displays, while LG will make the bigger 6.5-inch units.

Critics' Choice Awards: Gal Gadot delivers powerful acceptance speech
Gadot continued: "She's full of heart, strength, compassion, and forgiveness". 'She sees wrong that must be made right. I'm sure that to some, it will seem unusual that a superhero is being held up as an "accurate portrayal" of women.