East West Bancorp, Inc. (EWBC) Analysts See $1.08 EPS

June 15, 2018 - By Rodney Autry

East West Bancorp, Inc. (NASDAQ:EWBC) LogoInvestors sentiment decreased to 1.01 in Q1 2018. Its down 0.21, from 1.22 in 2017Q4. It turned negative, as 28 investors sold East West Bancorp, Inc. shares while 136 reduced holdings. 46 funds opened positions while 119 raised stakes. 122.89 million shares or 0.92% less from 124.03 million shares in 2017Q4 were reported.
Howe & Rusling, New York-based fund reported 86 shares. 216,156 are held by Kennedy Mgmt. Massachusetts Fin Ma has invested 0.01% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC). 23,191 were accumulated by Riverhead Cap Management Limited Liability Corp. Bartlett Lc invested in 0% or 22 shares. Gideon Cap reported 0.17% in East West Bancorp, Inc. (NASDAQ:EWBC). Stone Ridge Asset Mngmt Ltd Com accumulated 19,064 shares. 1.07 million are owned by Hermes Investment Mgmt. Fdx Advsrs Incorporated owns 28,535 shares for 0.05% of their portfolio. Wellington Grp Inc Llp stated it has 0.02% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC). Virginia-based Burney has invested 0.02% in East West Bancorp, Inc. (NASDAQ:EWBC). Shell Asset Mngmt invested 0.1% in East West Bancorp, Inc. (NASDAQ:EWBC). Credit Suisse Ag reported 0.01% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC). Proshare Advsr Llc holds 33,374 shares or 0.01% of its portfolio. Ameriprise Fincl Incorporated has 833,791 shares.

Since December 19, 2017, it had 0 buys, and 30 insider sales for $9.56 million activity. $27,971 worth of stock was sold by CAMPBELL MOLLY on Friday, May 4. KRAUSE DOUGLAS PAUL also sold $306,286 worth of East West Bancorp, Inc. (NASDAQ:EWBC) on Tuesday, December 19. Chan Iris S sold $133,378 worth of East West Bancorp, Inc. (NASDAQ:EWBC) on Friday, February 2. Oh Irene H had sold 5,000 shares worth $341,432. LIU JACK C also sold $70,928 worth of East West Bancorp, Inc. (NASDAQ:EWBC) shares.

Analysts expect East West Bancorp, Inc. (NASDAQ:EWBC) to report $1.08 EPS on July, 19.They anticipate $0.27 EPS change or 33.33 % from last quarter’s $0.81 EPS. EWBC’s profit would be $156.46 million giving it 16.25 P/E if the $1.08 EPS is correct. After having $1.13 EPS previously, East West Bancorp, Inc.’s analysts see -4.42 % EPS growth. The stock decreased 0.14% or $0.1 during the last trading session, reaching $70.18. About 844,358 shares traded. East West Bancorp, Inc. (NASDAQ:EWBC) has risen 26.77% since June 15, 2017 and is uptrending. It has outperformed by 14.20% the S&P500.

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

Among 11 analysts covering East West Bancorp (NASDAQ:EWBC), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. East West Bancorp had 22 analyst reports since December 18, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Monday, January 8 by SunTrust. The company was maintained on Thursday, January 25 by SunTrust. Morgan Stanley maintained East West Bancorp, Inc. (NASDAQ:EWBC) on Tuesday, April 24 with “Equal-Weight” rating. The company was maintained on Tuesday, January 9 by Wells Fargo. The firm has “Hold” rating by Keefe Bruyette & Woods given on Monday, February 26. The firm earned “Neutral” rating on Tuesday, April 24 by DA Davidson. The firm earned “Buy” rating on Thursday, March 29 by Sandler O’Neill. BMO Capital Markets maintained East West Bancorp, Inc. (NASDAQ:EWBC) on Monday, December 18 with “Hold” rating. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, January 25. BMO Capital Markets maintained it with “Hold” rating and $74.0 target in Wednesday, March 7 report.

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 $10.17 billion. The firm operates through three divisions: Retail Banking, Commercial Banking, and Other. It has a 19.55 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) Institutional Positions Chart

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