East West Bancorp, Inc. (EWBC)’s Chief Executive Officer Dominic Ng Unloaded 5,771 Shares of the Company; Borgwarner Has 0.97 Sentiment

BorgWarner Inc. (NYSE:BWA) Logo

Borgwarner Inc (BWA) investors sentiment decreased to 0.97 in 2017 Q4. It’s down -0.04, from 1.01 in 2017Q3. The ratio has dropped, as 213 investment managers increased and opened new positions, while 220 sold and decreased holdings in Borgwarner Inc. The investment managers in our database now have: 196.45 million shares, up from 195.75 million shares in 2017Q3. Also, the number of investment managers holding Borgwarner Inc in top ten positions decreased from 8 to 5 for a decrease of 3. Sold All: 31 Reduced: 189 Increased: 149 New Position: 64.

Analysts await East West Bancorp, Inc. (NASDAQ:EWBC) to report earnings on July, 19. They expect $1.08 earnings per share, up 33.33% or $0.27 from last year’s $0.81 per share. EWBC’s profit will be $156.45 million for 16.44 P/E if the $1.08 EPS becomes a reality. After $1.13 actual earnings per share reported by East West Bancorp, Inc. for the previous quarter, Wall Street now forecasts -4.42% negative EPS growth.

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 $10.29 billion. The firm operates through three divisions: Retail Banking, Commercial Banking, and Other. It has a 20.47 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.

The stock increased 0.79% or $0.56 during the last trading session, reaching $71.04. About 436,858 shares traded. East West Bancorp, Inc. (NASDAQ:EWBC) has risen 21.17% since May 16, 2017 and is uptrending. It has outperformed by 9.62% the S&P500.

Investors sentiment increased to 1.22 in Q4 2017. Its up 0.04, from 1.18 in 2017Q3. It increased, as 21 investors sold East West Bancorp, Inc. shares while 122 reduced holdings. 59 funds opened positions while 116 raised stakes. 124.03 million shares or 0.27% less from 124.37 million shares in 2017Q3 were reported. Burney accumulated 5,650 shares. Royal Bank & Trust Of Canada holds 0% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC) for 98,857 shares. Amp Capital Invsts Ltd stated it has 0.02% in East West Bancorp, Inc. (NASDAQ:EWBC). National Bank Of New York Mellon Corporation owns 2.27 million shares or 0.04% of their US portfolio. Natl Pension Serv holds 0% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC) for 1,915 shares. Principal Fincl Grp has 2.99 million shares. Sit Investment Associate reported 0.42% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC). Jacobs Levy Equity Mngmt invested 0.35% in East West Bancorp, Inc. (NASDAQ:EWBC). Virtu Lc holds 0.01% or 4,212 shares in its portfolio. Mesirow Fin Inv Management stated it has 23,935 shares. Fisher Asset Mgmt Ltd Liability Com reported 0.2% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC). Envestnet Asset Management holds 0% or 13,725 shares in its portfolio. New York State Common Retirement Fund accumulated 364,577 shares. State Of Alaska Department Of Revenue reported 8,800 shares. The New York-based Goldman Sachs Grp has invested 0.01% in East West Bancorp, Inc. (NASDAQ:EWBC).

More news for East West Bancorp, Inc. (NASDAQ:EWBC) were recently published by: Nasdaq.com, which released: “Report: Exploring Fundamental Drivers Behind East West, Southern Copper, UBS Group AG, Scientific Games, Leidos ..” on May 14, 2018. Seekingalpha.com‘s article titled: “East West Bancorp’s (EWBC) CEO Dominic Ng on Q1 2018 Results – Earnings Call Transcript” and published on April 19, 2018 is yet another important article.

The Chief Executive Officer of East West Bancorp Inc, Dominic Ng, has just unloaded – 5,771 shares of the firm he’s managing and supervising – coming to a cumulative trade value of $405,871 US Dollars (this based on average share price of $70.3). In the last month, he also sold 34,626 shares that are worth $2,354,861 USD. Dominic Ng currently has rights to 511,672 shares which are roughly 0.35% of the California-based company’s market capitalization.

Since December 19, 2017, it had 0 insider purchases, and 14 sales for $3.44 million activity. The insider NG DOMINIC sold $401,731. Shares for $341,432 were sold by Oh Irene H. $30,016 worth of East West Bancorp, Inc. (NASDAQ:EWBC) shares were sold by CAMPBELL MOLLY. Chan Iris S also sold $133,378 worth of East West Bancorp, Inc. (NASDAQ:EWBC) shares. KRAUSE DOUGLAS PAUL had sold 5,000 shares worth $306,286. LIU JACK C also sold $70,928 worth of East West Bancorp, Inc. (NASDAQ:EWBC) shares.

Among 15 analysts covering East West Bancorp Inc. (NASDAQ:EWBC), 8 have Buy rating, 0 Sell and 7 Hold. Therefore 53% are positive. East West Bancorp Inc. has $8000 highest and $41 lowest target. $69.86’s average target is -1.66% below currents $71.04 stock price. East West Bancorp Inc. had 57 analyst reports since August 26, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, October 23 by SunTrust. The rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, April 24. The firm has “Buy” rating by SunTrust given on Monday, January 8. As per Thursday, April 28, the company rating was downgraded by Keefe Bruyette & Woods. On Thursday, April 19 the stock rating was maintained by Sandler O’Neill with “Buy”. The stock has “Market Perform” rating by BMO Capital Markets on Friday, October 20. The stock of East West Bancorp, Inc. (NASDAQ:EWBC) earned “Market Perform” rating by Wood on Thursday, April 28. SunTrust maintained it with “Buy” rating and $77.0 target in Thursday, January 25 report. The stock of East West Bancorp, Inc. (NASDAQ:EWBC) has “Hold” rating given on Monday, September 25 by Keefe Bruyette & Woods. The firm has “Buy” rating by Sandler O’Neill given on Thursday, January 4.

Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $2.09 million activity.

Another recent and important BorgWarner Inc. (NYSE:BWA) news was published by Globenewswire.com which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Hasbro, Realty Income, The Hartford Financial …” on May 11, 2018.

Ratings analysis reveals 17% of Borg Warner’s analysts are positive. Out of 6 Wall Street analysts rating Borg Warner, 1 give it “Buy”, 2 “Sell” rating, while 3 recommend “Hold”. The lowest target is $39.0 while the high is $43.0. The stock’s average target of $41 is -21.05% below today’s ($51.93) share price. BWA was included in 6 notes of analysts from October 6, 2016. Goldman Sachs downgraded the stock to “Neutral” rating in Thursday, October 6 report. The rating was initiated by Berenberg on Tuesday, November 22 with “Sell”. The company was initiated on Wednesday, November 30 by Jefferies. The rating was downgraded by Wells Fargo on Monday, December 19 to “Market Perform”. On Friday, February 10 the stock rating was maintained by Barclays Capital with “Equal Weight”. The stock of BorgWarner Inc. (NYSE:BWA) earned “Underperform” rating by Bank of America on Wednesday, November 9.

BorgWarner Inc. provides solutions for combustion, hybrid, and electric vehicles worldwide. The company has market cap of $10.94 billion. The firm operates through two divisions, Engine and Drivetrain. It has a 24.97 P/E ratio. The Engine segment develops and makes turbochargers; and timing systems, such as timing chains, variable cam timing products, crankshaft and camshaft sprockets, tensioners, guides and snubbers, HY-VO front-wheel drive transmission chains, and four-wheel drive chains for light vehicles.

Analysts await BorgWarner Inc. (NYSE:BWA) to report earnings on July, 26. They expect $1.11 EPS, up 15.63% or $0.15 from last year’s $0.96 per share. BWA’s profit will be $233.93 million for 11.70 P/E if the $1.11 EPS becomes a reality. After $1.10 actual EPS reported by BorgWarner Inc. for the previous quarter, Wall Street now forecasts 0.91% EPS growth.

Black Creek Investment Management Inc. holds 5.7% of its portfolio in BorgWarner Inc. for 2.97 million shares. Minneapolis Portfolio Management Group Llc owns 752,946 shares or 5.24% of their US portfolio. Moreover, Turtle Creek Asset Management Inc. has 4.2% invested in the company for 891,250 shares. The Georgia-based Cornerstone Investment Partners Llc has invested 3.62% in the stock. Mendel Money Management, a Illinois-based fund reported 45,255 shares.

The stock increased 2.33% or $1.18 during the last trading session, reaching $51.93. About 636,499 shares traded. BorgWarner Inc. (BWA) has risen 19.42% since May 16, 2017 and is uptrending. It has outperformed by 7.87% the S&P500.

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