Analysts take a look at East West Bancorp, Inc. (NASDAQ:EWBC) having this to say.

East West Bancorp, Inc. (NASDAQ:EWBC) LogoInvestors sentiment increased to 1.12 in Q2 2018. Its up 0.11, from 1.01 in 2018Q1. It increased, as 24 investors sold East West Bancorp, Inc. shares while 132 reduced holdings. 50 funds opened positions while 125 raised stakes. 121.55 million shares or 1.09% less from 122.89 million shares in 2018Q1 were reported.
Wellington Shields Cap Management Limited Com holds 0.87% in East West Bancorp, Inc. (NASDAQ:EWBC) or 80,525 shares. State Street Corporation holds 6.61M shares or 0.04% of its portfolio. Quantitative Inv Mngmt Ltd has 26,500 shares for 0.04% of their portfolio. Cibc Asset Management invested in 0% or 5,223 shares. Canada Pension Plan Invest Board reported 19,700 shares. Moreover, Keybank Natl Association Oh has 0% invested in East West Bancorp, Inc. (NASDAQ:EWBC). Nomura Asset Mngmt Limited holds 0.01% in East West Bancorp, Inc. (NASDAQ:EWBC) or 21,140 shares. Dimensional Fund Advsr L P has 0.03% invested in East West Bancorp, Inc. (NASDAQ:EWBC) for 987,394 shares. Fdx Inc holds 0.05% or 20,326 shares in its portfolio. Raymond James & Assocs reported 0.03% stake. Evercore Wealth Mngmt Limited Co stated it has 1.55% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC). Moneta Gru Advisors Ltd Company reported 0% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC). Gemmer Asset reported 0.01% stake. Verition Fund Mngmt Limited Liability Co holds 0.05% or 13,062 shares. M&T Retail Bank stated it has 44,707 shares or 0.02% of all its holdings.

Since June 6, 2018, it had 0 insider purchases, and 7 insider sales for $2.46 million activity. NG DOMINIC also sold $418,773 worth of East West Bancorp, Inc. (NASDAQ:EWBC) on Wednesday, June 6. Shares for $364,948 were sold by Oh Irene H.

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

Among 5 analysts covering East West Bancorp (NASDAQ:EWBC), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. East West Bancorp had 8 analyst reports since July 20, 2018 according to SRatingsIntel. BMO Capital Markets upgraded East West Bancorp, Inc. (NASDAQ:EWBC) rating on Monday, October 1. BMO Capital Markets has “Outperform” rating and $73 target. The stock of East West Bancorp, Inc. (NASDAQ:EWBC) earned “Buy” rating by DA Davidson on Tuesday, November 27. DA Davidson upgraded the stock to “Buy” rating in Monday, October 22 report. On Friday, July 20 the stock rating was maintained by Barclays Capital with “Overweight”. The stock has “Outperform” rating by BMO Capital Markets on Friday, October 19. The firm has “Equal-Weight” rating given on Tuesday, September 18 by Morgan Stanley. The stock of East West Bancorp, Inc. (NASDAQ:EWBC) has “Equal-Weight” rating given on Tuesday, July 24 by Morgan Stanley. The firm earned “Outperform” rating on Friday, July 20 by Wood. Below is a list of East West Bancorp, Inc. (NASDAQ:EWBC) latest ratings and price target changes.

27/11/2018 Broker: DA Davidson Rating: Buy Upgrade
22/10/2018 Broker: DA Davidson Old Rating: Neutral New Rating: Buy Upgrade
19/10/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $73 New Target: $68 Maintain
01/10/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Outperform New Target: $73 Upgrade
18/09/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $75 New Target: $70 Maintain
24/07/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $74 New Target: $75 Maintain
20/07/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $78 New Target: $77 Maintain
20/07/2018 Broker: Wood Old Rating: Market Perform New Rating: Outperform Old Target: $41 Upgrade

The stock decreased 2.26% or $1.14 during the last trading session, reaching $49.2. About 1.83M shares traded or 90.42% up from the average. East West Bancorp, Inc. (NASDAQ:EWBC) has risen 9.58% since December 7, 2017 and is uptrending. It has underperformed by 6.04% 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 $7.13 billion. The firm operates through three divisions: Retail Banking, Commercial Banking, and Other. It has a 11.66 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.

More notable recent East West Bancorp, Inc. (NASDAQ:EWBC) news were published by: Nasdaq.com which released: “Why Is East West Bancorp (EWBC) Down 1.7% Since Last Earnings Report? – Nasdaq” on November 17, 2018, also Seekingalpha.com with their article: “East West Bancorp, Inc. (EWBC) CEO Dominic Ng on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on July 19, 2018, Businesswire.com published: “East West Bancorp Reports Net Income for Second Quarter 2018 of $172 Million and Diluted Earnings Per Share of $1.18 – Business Wire” on July 19, 2018. More interesting news about East West Bancorp, Inc. (NASDAQ:EWBC) were released by: Nasdaq.com and their article: “Add Up The Pieces: FTLB Could Be Worth $25 – Nasdaq” published on November 05, 2018 as well as Businesswire.com‘s news article titled: “East West Bancorp Announces Date for Third Quarter 2018 Financial Results – Business Wire” with publication date: September 28, 2018.

East West Bancorp, Inc. (NASDAQ:EWBC) Institutional Positions Chart

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