EPS for East West Bancorp, Inc. (EWBC) Expected At $0.81

July 18, 2017 - By test

 EPS for East West Bancorp, Inc. (EWBC) Expected At $0.81
Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.39, from 0.85 in 2016Q3. It increased, as 20 investors sold East West Bancorp, Inc. shares while 114 reduced holdings. 60 funds opened positions while 106 raised stakes. 119.97 million shares or 0.48% more from 119.39 million shares in 2016Q3 were reported.
Blackrock Institutional Trust Na owns 4.48M shares or 0.03% of their US portfolio. Prudential holds 0.09% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC) for 1.12M shares. Marshall Wace Limited Liability Partnership holds 0.02% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC) for 45,476 shares. Moreover, Basswood Capital Mgmt Ltd has 0.64% invested in East West Bancorp, Inc. (NASDAQ:EWBC) for 288,480 shares. Telemark Asset Mgmt Ltd Llc stated it has 0.44% in East West Bancorp, Inc. (NASDAQ:EWBC). Henderson Grp Pcl owns 559,593 shares or 0.21% of their US portfolio. Millennium Mgmt Ltd Liability, New York-based fund reported 493,066 shares. Fisher Asset Management Ltd Company holds 0.25% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC) for 2.84 million shares. American Group reported 278,206 shares. Sit Invest Assocs reported 0.02% stake. Johnson Counsel invested in 12,000 shares. Bb&T Corp holds 0.04% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC) for 36,814 shares. Cibc Asset Mgmt stated it has 0% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC). The Mississippi-based Hancock Hldgs has invested 0.04% in East West Bancorp, Inc. (NASDAQ:EWBC). Ahl Prns Llp holds 121,700 shares or 0.19% of its portfolio.

Since March 6, 2017, it had 0 insider buys, and 10 insider sales for $6.71 million activity. The insider NG DOMINIC sold $1.42M. The insider CAMPBELL MOLLY sold $32,999. Another trade for 2,667 shares valued at $146,685 was sold by LIU JACK C. 3,200 East West Bancorp, Inc. (NASDAQ:EWBC) shares with value of $177,600 were sold by LI HERMAN Y. 15,000 East West Bancorp, Inc. (NASDAQ:EWBC) shares with value of $815,807 were sold by KRAUSE DOUGLAS PAUL.

Wall Street await East West Bancorp, Inc. (NASDAQ:EWBC) to release earnings on July, 19. Analysts forecast earnings per share of $0.81, up exactly $0.10 or 14.08 % from 2014’s $0.71 EPS. The expected EWBC’s profit could reach $114.99 million giving the stock 17.74 P/E in the case that $0.81 earnings per share is reported. After posting $0.88 EPS for the previous quarter, East West Bancorp, Inc.’s analysts now forecast -7.95 % negative EPS growth. The stock increased 0.12% or $0.07 during the last trading session, reaching $57.48. About shares traded. East West Bancorp, Inc. (NASDAQ:EWBC) has risen 46.25% since July 18, 2016 and is uptrending. It has outperformed by 29.55% the S&P500.

East West Bancorp, Inc. (NASDAQ:EWBC) Ratings Coverage

Among 11 analysts covering East West Bancorp Inc. (NASDAQ:EWBC), 6 have Buy rating, 1 Sell and 4 Hold. Therefore 55% are positive. East West Bancorp Inc. had 21 analyst reports since August 26, 2015 according to SRatingsIntel. BMO Capital Markets upgraded East West Bancorp, Inc. (NASDAQ:EWBC) on Thursday, January 14 to “Outperform” rating. The rating was downgraded by Raymond James to “Mkt Perform” on Monday, October 5. On Wednesday, February 24 the stock rating was maintained by Deutsche Bank with “Buy”. The company was downgraded on Thursday, April 28 by Keefe Bruyette & Woods. The firm earned “Hold” rating on Friday, June 23 by Keefe Bruyette & Woods. The rating was upgraded by Macquarie Research to “Outperform” on Friday, July 22. BMO Capital Markets downgraded East West Bancorp, Inc. (NASDAQ:EWBC) on Friday, July 7 to “Market Perform” rating. Wells Fargo upgraded East West Bancorp, Inc. (NASDAQ:EWBC) on Friday, October 23 to “Outperform” rating. The company was downgraded on Thursday, March 16 by Raymond James. The firm earned “Market Perform” rating on Thursday, April 28 by Wood.

East West Bancorp, Inc. is a bank holding company. The company has market cap of $8.16 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 16.92 P/E ratio. The Bank is a California state-chartered bank, which operates in the United States and Greater China.

More news for East West Bancorp, Inc. (NASDAQ:EWBC) were recently published by: Businesswire.com, which released: “East West Bancorp Announces Dates for Second Quarter 2017 Financial Results” on June 19, 2017. Nasdaq.com‘s article titled: “Xact Kapitalforvaltning AB Buys SBA Communications Corp, Time Warner Inc, East …” and published on July 08, 2017 is yet another important article.

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