Gratia Capital Decreased By $771,351 Its Altisource Asset Mgmt (AAMC) Holding; 5 Analysts Bullish East West Bancorp, Inc. (EWBC)

September 14, 2018 - By Daniel Cummings

East West Bancorp, Inc. (NASDAQ:EWBC) Logo

Gratia Capital Llc decreased Altisource Asset Mgmt Corp (AAMC) stake by 81.33% reported in 2018Q2 SEC filing. Gratia Capital Llc sold 11,179 shares as Altisource Asset Mgmt Corp (AAMC)’s stock rose 0.47%. The Gratia Capital Llc holds 2,566 shares with $179,000 value, down from 13,745 last quarter. Altisource Asset Mgmt Corp now has $97.05M valuation. The stock decreased 2.50% or $1.5415 during the last trading session, reaching $60.1585. About 612 shares traded. Altisource Asset Management Corporation (NYSEMKT:AAMC) has declined 27.28% since September 14, 2017 and is downtrending. It has underperformed by 42.90% the S&P500. Some Historical AAMC News: 15/05/2018 – BenchPrep Announces Strategic Partnership with AAMC; 26/04/2018 – Paul Muolo: Under Mulvaney, the CFPB decides not to file any charges against Ocwen vendor Altisource:; 08/05/2018 – Altisource Asset Mgmt 1Q Loss/Shr $2.75; 13/03/2018 Moody’s Affirms Altisource’s B3 Ratings, Revises Outlook To Positive; 08/05/2018 – CNBC Wires: Altisource: 1Q Earnings Snapshot; 08/05/2018 – ALTISOURCE ASSET 1Q LOSS/SHR $2.75; 28/03/2018 – Detailed Research: Economic Perspectives on Altisource Residential, Sykes Enterprises, Gibraltar Industries, Silicon Laboratori; 14/03/2018 – S&PGR Rates Altisource Solutions S.a.r.l. Prop Term Loan ‘B+’

Among 9 analysts covering East West Bancorp (NASDAQ:EWBC), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. East West Bancorp had 11 analyst reports since March 22, 2018 according to SRatingsIntel. As per Friday, May 4, the company rating was maintained by Deutsche Bank. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, April 24. As per Tuesday, April 24, the company rating was maintained by DA Davidson. Wood upgraded East West Bancorp, Inc. (NASDAQ:EWBC) on Friday, July 20 to “Outperform” rating. The firm has “Buy” rating given on Thursday, April 19 by Sandler O’Neill. Keefe Bruyette & Woods maintained East West Bancorp, Inc. (NASDAQ:EWBC) on Thursday, April 19 with “Hold” rating. As per Thursday, March 29, the company rating was maintained by Sandler O’Neill. Morgan Stanley maintained East West Bancorp, Inc. (NASDAQ:EWBC) on Tuesday, July 24 with “Equal-Weight” rating. Barclays Capital maintained East West Bancorp, Inc. (NASDAQ:EWBC) rating on Friday, July 20. Barclays Capital has “Overweight” rating and $77 target. The rating was maintained by Piper Jaffray with “Buy” on Thursday, April 19. See East West Bancorp, Inc. (NASDAQ:EWBC) latest ratings:

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
04/05/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $74 New Target: $76 Maintain
24/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $70 New Target: $72 Maintain
24/04/2018 Broker: DA Davidson Old Rating: Neutral New Rating: Neutral Old Target: $75 New Target: $74 Maintain
19/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $77.0000 Maintain
19/04/2018 Broker: Sandler O’Neill Rating: Buy New Target: $72.0000 Maintain
19/04/2018 Broker: Piper Jaffray Rating: Buy New Target: $80.0000 Maintain
29/03/2018 Broker: Sandler O’Neill Rating: Buy New Target: $70.0000 Maintain

Investors sentiment increased to 1.12 in Q2 2018. Its up 0.11, from 1.01 in 2018Q1. It is positive, 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. Westfield Cap Management Ltd Partnership owns 468,026 shares for 0.23% of their portfolio. Parsons Capital Management Ri has invested 0.28% in East West Bancorp, Inc. (NASDAQ:EWBC). Adage Cap Grp Lc has 281,000 shares. Ameritas Invest Ptnrs holds 0.13% in East West Bancorp, Inc. (NASDAQ:EWBC) or 42,851 shares. Bluecrest Cap accumulated 23,679 shares or 0.04% of the stock. Moneta Group Investment Advsr Ltd Co has invested 0% in East West Bancorp, Inc. (NASDAQ:EWBC). Schroder Management Grp Inc Inc invested in 0.09% or 701,441 shares. Employees Retirement System Of Texas has 100,000 shares. Livforsakringsbolaget Skandia Omsesidigt has 0.01% invested in East West Bancorp, Inc. (NASDAQ:EWBC). Burney owns 5,700 shares. Alps Advsrs Incorporated, a Colorado-based fund reported 11,909 shares. C M Bidwell & Associates holds 3,970 shares. Massachusetts Fincl Company Ma owns 159,124 shares for 0% of their portfolio. Telemus Capital Limited Company accumulated 0.35% or 68,573 shares. Blair William And Il holds 0.01% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC) for 15,124 shares.

The stock increased 1.17% or $0.7207 during the last trading session, reaching $62.4007. About 394,420 shares traded. East West Bancorp, Inc. (NASDAQ:EWBC) has risen 9.58% since September 14, 2017 and is uptrending. It has underperformed by 6.04% the S&P500. Some Historical EWBC News: 29/05/2018 – EAST WEST BANCORP BOOSTS QTRLY DIV BY 15% TO $0.23/SHR; 19/04/2018 – East West Bancorp 1Q Rev $401.1M; 29/05/2018 – East West Bancorp Raises Dividend to 23c; 14/03/2018 – East West Bancorp Closes Below 50-Day Moving Average; 20/04/2018 – EAST WEST BANCORP INC EWBC.O : KBW RAISES TARGET PRICE TO $77 FROM $73; 19/04/2018 – East West Bancorp Closes Above 50-Day Moving Average; 05/04/2018 – EAST WEST BANK RECEIVES APPROVAL TO INCREASE AUTHORIZED CAPITAL; 19/04/2018 – East West Bancorp 1Q Net $187.0M; 21/04/2018 – DJ East West Bancorp Inc, Inst Holders, 1Q 2018 (EWBC); 19/04/2018 – East West Bancorp Reaffirms Its Outlook for the Full Year 2018

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 $9.04 billion. The firm operates through three divisions: Retail Banking, Commercial Banking, and Other. It has a 15.8 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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts