PacWest Bancorp (PACW) EPS Estimated At $0.88

June 14, 2018 - By Kristen Paramore

Investors sentiment decreased to 1.06 in 2018 Q1. Its down 0.38, from 1.44 in 2017Q4. It dropped, as 24 investors sold PacWest Bancorp shares while 114 reduced holdings. 55 funds opened positions while 91 raised stakes. 105.61 million shares or 1.71% less from 107.44 million shares in 2017Q4 were reported.
Paloma Company holds 17,249 shares or 0.01% of its portfolio. Moreover, State Street Corp has 0.03% invested in PacWest Bancorp (NASDAQ:PACW) for 6.61 million shares. Bluemountain Mgmt Limited Liability owns 0% invested in PacWest Bancorp (NASDAQ:PACW) for 62 shares. Brandywine Glob Invest Mgmt Limited Company has invested 0% in PacWest Bancorp (NASDAQ:PACW). Timessquare Ltd Limited Liability Company accumulated 0.5% or 1.48 million shares. Vident Advisory Ltd Liability invested in 7,268 shares or 0.01% of the stock. 6,847 are held by Fdx. Ledyard National Bank has 1.2% invested in PacWest Bancorp (NASDAQ:PACW) for 198,474 shares. Thompson Siegel And Walmsley Lc reported 0% stake. Mendon Capital Advisors stated it has 200,000 shares or 0.9% of all its holdings. 120,120 are held by Green Square Ltd Limited Liability Company. Great Lakes Ltd Co has 0.36% invested in PacWest Bancorp (NASDAQ:PACW) for 303,839 shares. Bartlett Lc holds 0% of its portfolio in PacWest Bancorp (NASDAQ:PACW) for 1,330 shares. Fort Washington Inv Advsr Oh holds 4,995 shares or 0% of its portfolio. Brown Advisory Incorporated holds 13,977 shares or 0% of its portfolio.

Analysts expect PacWest Bancorp (NASDAQ:PACW) to report $0.88 EPS on July, 17.They anticipate $0.11 EPS change or 14.29 % from last quarter’s $0.77 EPS. PACW’s profit would be $108.93 million giving it 15.41 P/E if the $0.88 EPS is correct. After having $0.93 EPS previously, PacWest Bancorp’s analysts see -5.38 % EPS growth. The stock decreased 0.64% or $0.35 during the last trading session, reaching $54.25. About 758,653 shares traded. PacWest Bancorp (NASDAQ:PACW) has risen 13.10% since June 14, 2017 and is uptrending. It has outperformed by 0.53% the S&P500.

PacWest Bancorp (NASDAQ:PACW) Ratings Coverage

Among 8 analysts covering Pacwest Bancorp (NASDAQ:PACW), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Pacwest Bancorp had 16 analyst reports since December 18, 2017 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Buy”. Sandler O’Neill maintained PacWest Bancorp (NASDAQ:PACW) rating on Thursday, January 4. Sandler O’Neill has “Buy” rating and $56.0 target. The firm earned “Buy” rating on Tuesday, April 17 by Sandler O’Neill. The firm has “Buy” rating by Keefe Bruyette & Woods given on Tuesday, April 17. The stock has “Hold” rating by FBR Capital on Monday, January 22. Piper Jaffray maintained the shares of PACW in report on Thursday, January 18 with “Buy” rating. As per Tuesday, April 10, the company rating was upgraded by Raymond James. As per Monday, January 8, the company rating was maintained by SunTrust. The stock of PacWest Bancorp (NASDAQ:PACW) has “Buy” rating given on Wednesday, April 18 by Piper Jaffray. The firm has “Buy” rating by Keefe Bruyette & Woods given on Monday, February 26.

PacWest Bancorp operates as the holding firm for Pacific Western Bank, a state chartered bank that provides commercial banking services and products. The company has market cap of $6.72 billion. The firm accepts demand, money market, and time deposits. It has a 17 P/E ratio. It also provides real estate loans to professional developers and real estate investors for the acquisition, refinancing, and construction of commercial real estate properties; cash flow loans to finance business acquisitions and recapitalization activities; small business administration loans; asset loans for working capital needs; venture capital loans to support the start-up activities of entrepreneurial companies; and equipment-secured loans and leases.

Another recent and important PacWest Bancorp (NASDAQ:PACW) news was published by which published an article titled: “Square 1 Bank Announces Credit Facility to Recursion Pharmaceuticals” on June 05, 2018.

PacWest Bancorp (NASDAQ:PACW) Institutional Positions Chart

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