PacWest Bancorp (PACW) Analysts See $0.76 EPS

September 17, 2017 - By Darrin Black

 PacWest Bancorp (PACW) Analysts See $0.76 EPS
Investors sentiment decreased to 1.03 in Q4 2016. Its down 0.24, from 1.27 in 2016Q3. It dived, as 26 investors sold PacWest Bancorp shares while 114 reduced holdings. 52 funds opened positions while 92 raised stakes. 105.44 million shares or 0.65% less from 106.13 million shares in 2016Q3 were reported.
Emerald Mutual Fund Advisers reported 153,048 shares stake. New York-based Jpmorgan Chase And has invested 0.02% in PacWest Bancorp (NASDAQ:PACW). Bbva Compass Bancorporation accumulated 9,536 shares. 191,720 were accumulated by Blackrock Gru Limited. Kanaly owns 290 shares. Denver Inv Advisors Ltd Company holds 0.09% of its portfolio in PacWest Bancorp (NASDAQ:PACW) for 38,162 shares. Hightower Advsrs Limited Liability Com holds 0.03% or 42,795 shares in its portfolio. South State Corp reported 4,200 shares. Blackrock Institutional Trust Na has 0.03% invested in PacWest Bancorp (NASDAQ:PACW). Moreover, National Bank & Trust Of New York Mellon has 0.03% invested in PacWest Bancorp (NASDAQ:PACW) for 1.75M shares. Art Limited accumulated 28,400 shares. Cipher L P owns 0.05% invested in PacWest Bancorp (NASDAQ:PACW) for 13,150 shares. Kessler Inv Grp Lc holds 5,794 shares. Assetmark has 2,035 shares for 0% of their portfolio. Mogy Joel R Counsel owns 0.07% invested in PacWest Bancorp (NASDAQ:PACW) for 7,000 shares.

Investors wait PacWest Bancorp (NASDAQ:PACW) to report on October, 17. its quarterly earnings Wall Street analysts expect $0.76 EPS, down $0.01 or 1.30 % from last year’s $0.77 same quarter earnings. This translates into $91.17 million profit for PACW giving the stock a 15.03 P/E. This is assuming the current $0.76 EPS is accurate. PacWest Bancorp’s Wall Street analysts see -1.30 % negative EPS growth, taking into account the $0.77 EPS reproted in the previous quarter, The stock increased 1.08% or $0.49 on September 15, reaching $45.68. About 957,347 shares traded or 51.25% up from the average. PacWest Bancorp (NASDAQ:PACW) has risen 18.91% since September 17, 2016 and is uptrending. It has outperformed by 2.21% the S&P500.

PacWest Bancorp (NASDAQ:PACW) Ratings Coverage

Among 13 analysts covering Pacwest Bancorp (NASDAQ:PACW), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Pacwest Bancorp had 22 analyst reports since October 13, 2015 according to SRatingsIntel. RBC Capital Markets maintained PacWest Bancorp (NASDAQ:PACW) on Monday, October 19 with “Sector Perform” rating. The stock of PacWest Bancorp (NASDAQ:PACW) has “Neutral” rating given on Monday, July 18 by DA Davidson. As per Thursday, March 24, the company rating was maintained by Wood. The rating was maintained by FBR Capital on Wednesday, July 19 with “Buy”. The company was upgraded on Thursday, September 7 by DA Davidson. Raymond James upgraded PacWest Bancorp (NASDAQ:PACW) on Thursday, April 6 to “Strong Buy” rating. BMO Capital Markets maintained PacWest Bancorp (NASDAQ:PACW) rating on Tuesday, July 18. BMO Capital Markets has “Hold” rating and $5300 target. The company was maintained on Monday, August 14 by Keefe Bruyette & Woods. Piper Jaffray initiated PacWest Bancorp (NASDAQ:PACW) rating on Tuesday, October 13. Piper Jaffray has “Overweight” rating and $51 target. The stock has “Hold” rating by BMO Capital Markets on Friday, July 7.

PacWest Bancorp is a bank holding company for Pacific Western Bank . The company has market cap of $5.48 billion. The Firm is focused on relationship business banking to small, middle-market and venture-backed businesses. It has a 15.77 P/E ratio. As of December 31, 2016, the Bank offered a range of loan and deposit services and products through 77 branches located throughout the state of California, one branch located in Durham, North Carolina, and several loan production offices located in cities across the country.

More news for PacWest Bancorp (NASDAQ:PACW) were recently published by:, which released: “DA Davidson Upgrades PacWest Bancorp (PACW) to Buy” on September 07, 2017.‘s article titled: “PacWest Bancorp is Now Oversold (PACW)” and published on August 17, 2017 is yet another important article.

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