Investors sentiment decreased to 0.95 in Q2 2019. Its down 0.71, from 1.66 in 2019Q1. It turned negative, as 47 investors sold East West Bancorp, Inc. shares while 119 reduced holdings. 46 funds opened positions while 112 raised stakes. 119.00 million shares or 1.38% less from 120.66 million shares in 2019Q1 were reported.
Smith Graham Inv Ltd Partnership has 0.53% invested in East West Bancorp, Inc. (NASDAQ:EWBC) for 104,400 shares. Westwood Group Inc invested in 45,695 shares or 0.02% of the stock. Citadel Limited Com holds 0.01% or 582,064 shares. Japan-based Meiji Yasuda Life has invested 0.06% in East West Bancorp, Inc. (NASDAQ:EWBC). Tocqueville Asset Management Ltd Partnership has 99,150 shares for 0.06% of their portfolio. Mason Street Advsrs Ltd Liability has 77,579 shares for 0.08% of their portfolio. Petrus Trust Co Lta owns 4,844 shares for 0.04% of their portfolio. Signaturefd Limited Liability Company reported 0.01% in East West Bancorp, Inc. (NASDAQ:EWBC). Moreover, Massachusetts Finance Ma has 0% invested in East West Bancorp, Inc. (NASDAQ:EWBC). Colonial Advsr has 0.55% invested in East West Bancorp, Inc. (NASDAQ:EWBC). Comml Bank Of America De has invested 0.01% in East West Bancorp, Inc. (NASDAQ:EWBC). State Of Wisconsin Invest Board holds 0.11% or 857,606 shares. Art Advsrs Ltd Co has invested 0.06% in East West Bancorp, Inc. (NASDAQ:EWBC). Stifel Fin invested in 250,788 shares. Moreover, Lpl Lc has 0% invested in East West Bancorp, Inc. (NASDAQ:EWBC) for 16,361 shares.
Since August 23, 2019, it had 2 buys, and 0 sales for $138,719 activity. Zhou Catherine bought $100,028 worth of stock.
The stock of East West Bancorp Inc (NASDAQ:EWBC) registered a decrease of 10.88% in short interest. EWBC’s total short interest was 2.08 million shares in December as published by FINRA. Its down 10.88% from 2.34 million shares, reported previously. With 945,800 shares average volume, it will take short sellers 2 days to cover their EWBC’s short positions. The short interest to East West Bancorp Inc’s float is 1.45%.
The stock increased 2.82% or $1.25 during the last trading session, reaching $45.64. About 590,832 shares traded. East West Bancorp, Inc. (NASDAQ:EWBC) has declined 26.23% since December 4, 2018 and is downtrending. It has underperformed by 26.23% the S&P500.
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. The company has market cap of $6.65 billion. The firm operates through three divisions: Retail Banking, Commercial Banking, and Other. It has a 10.12 P/E ratio. It offers various deposit products comprising personal and business checking and savings accounts, time deposits and individual retirement accounts, travelersÂ’ checks, safe deposit boxes, and MasterCard and Visa merchant deposit services.
East West Bancorp, Inc. (NASDAQ:EWBC) Ratings Coverage
Among 6 analysts covering East West Bancorp (NASDAQ:EWBC), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. East West Bancorp has $62 highest and $4400 lowest target. $54.43’s average target is 19.26% above currents $45.64 stock price. East West Bancorp had 13 analyst reports since July 1, 2019 according to SRatingsIntel. The rating was maintained by Wells Fargo with “Outperform” on Friday, October 18. The firm earned “Overweight” rating on Tuesday, October 22 by Morgan Stanley. The rating was maintained by SunTrust on Thursday, October 3 with “Buy”. The firm earned “Outperform” rating on Friday, October 18 by Wedbush. As per Thursday, October 17, the company rating was maintained by Piper Jaffray. BMO Capital Markets downgraded East West Bancorp, Inc. (NASDAQ:EWBC) rating on Monday, August 19. BMO Capital Markets has “Market Perform” rating and $4400 target.
More notable recent East West Bancorp, Inc. (NASDAQ:EWBC) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Newmont Goldcorp, Mosaic and Franco-Nevada – Nasdaq” on December 02, 2019, also Bizjournals.com with their article: “Chase adds Somerville, Chinatown branches to local lineup – Boston Business Journal” published on July 29, 2019, Nasdaq.com published: “Why Is East West Bancorp (EWBC) Up 8.5% Since Last Earnings Report? – Nasdaq” on November 16, 2019. More interesting news about East West Bancorp, Inc. (NASDAQ:EWBC) were released by: Nasdaq.com and their article: “Here is the Stock to Play Retail – Nasdaq” published on December 02, 2019 as well as Finance.Yahoo.com‘s news article titled: “East West Bancorp, Inc. (NASDAQ:EWBC)’s Could Be A Buy For Its Upcoming Dividend – Yahoo Finance” with publication date: July 27, 2019.
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