East West Bancorp (EWBC) – Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for East West Bancorp (NASDAQ: EWBC):

• 1/27/2025 – East West Bancorp had its price target lowered by analysts at Piper Sandler from $100.00 to $97.00. They now have a “neutral” rating on the stock.
• 1/24/2025 – East West Bancorp was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 1/24/2025 – East West Bancorp had its price target lowered by analysts at Barclays PLC from $125.00 to $120.00. They now have an “overweight” rating on the stock.
• 1/24/2025 – East West Bancorp had its price target lowered by analysts at DA Davidson from $120.00 to $118.00. They now have a “buy” rating on the stock.
• 12/19/2024 – East West Bancorp had its price target raised by analysts at Barclays PLC from $120.00 to $125.00. They now have an “overweight” rating on the stock.
• 12/17/2024 – East West Bancorp is now covered by analysts at UBS Group AG. They set a “neutral” rating and a $112.00 price target on the stock.

East West Bancorp Stock Down 2.4 %

EWBC stock opened at $97.80 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.91 and a quick ratio of 0.92. East West Bancorp, Inc. has a 52-week low of $68.36 and a 52-week high of $113.95. The company has a 50-day moving average of $100.12 and a two-hundred day moving average of $92.87. The stock has a market capitalization of $13.56 billion, a price-to-earnings ratio of 11.74, a price-to-earnings-growth ratio of 1.36 and a beta of 1.30.

East West Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 17th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.45%. This is a boost from East West Bancorp’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Monday, February 3rd. East West Bancorp’s dividend payout ratio is 28.81%.

Insider Activity at East West Bancorp

In other East West Bancorp news, Director Jack C. Liu sold 1,275 shares of the firm’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $104.53, for a total transaction of $133,275.75. Following the completion of the transaction, the director now owns 14,557 shares in the company, valued at $1,521,643.21. This trade represents a 8.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.04% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EWBC. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in East West Bancorp by 1,667.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 670,156 shares of the financial services provider’s stock worth $64,174,000 after purchasing an additional 632,245 shares during the period. Raymond James Financial Inc. bought a new position in East West Bancorp during the fourth quarter worth about $32,138,000. Victory Capital Management Inc. lifted its stake in East West Bancorp by 171.3% during the fourth quarter. Victory Capital Management Inc. now owns 384,780 shares of the financial services provider’s stock worth $36,847,000 after purchasing an additional 242,928 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in East West Bancorp by 4.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,418,840 shares of the financial services provider’s stock worth $423,148,000 after purchasing an additional 186,887 shares during the period. Finally, Westfield Capital Management Co. LP increased its holdings in shares of East West Bancorp by 39.9% during the third quarter. Westfield Capital Management Co. LP now owns 520,656 shares of the financial services provider’s stock worth $43,079,000 after buying an additional 148,530 shares in the last quarter. Institutional investors own 89.53% of the company’s stock.

East West Bancorp, Inc operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States. The company operates through three segments: Consumer and Business Banking, Commercial Banking, and Other.