$0.90 EPS Expected for PacWest Bancorp (PACW)

Investors sentiment decreased to 0.98 in Q4 2018. Its down 0.01, from 0.99 in 2018Q3. It fall, as 51 investors sold PacWest Bancorp shares while 103 reduced holdings. 45 funds opened positions while 106 raised stakes. 107.89 million shares or 2.06% more from 105.71 million shares in 2018Q3 were reported.
Profund Advsr Limited Liability Com invested in 8,622 shares or 0.02% of the stock. New Mexico Educational Retirement Board owns 24,800 shares for 0.04% of their portfolio. Millennium Mngmt Ltd Liability Corp invested in 0.02% or 376,157 shares. Fmr Lc has 0.01% invested in PacWest Bancorp (NASDAQ:PACW) for 2.66M shares. Basswood Cap Management Llc has invested 1.05% in PacWest Bancorp (NASDAQ:PACW). Voya Inv Mgmt Ltd Liability Corporation invested 0% in PacWest Bancorp (NASDAQ:PACW). Moreover, Fifth Third Fincl Bank has 0% invested in PacWest Bancorp (NASDAQ:PACW). Manufacturers Life Ins The reported 0.07% in PacWest Bancorp (NASDAQ:PACW). Neumeier Poma Investment Counsel holds 2.98% of its portfolio in PacWest Bancorp (NASDAQ:PACW) for 943,265 shares. Menta Cap Lc holds 0.31% or 25,077 shares. Brown Advisory owns 0% invested in PacWest Bancorp (NASDAQ:PACW) for 33,525 shares. Regions Financial stated it has 212 shares or 0% of all its holdings. Cetera Advisor Netwr Lc owns 15,694 shares or 0.02% of their US portfolio. Wealthtrust owns 0.01% invested in PacWest Bancorp (NASDAQ:PACW) for 264 shares. Bokf Na holds 13,771 shares.

Analysts expect PacWest Bancorp (NASDAQ:PACW) to report $0.90 EPS on April, 16.They anticipate $0.03 EPS change or 3.23 % from last quarter’s $0.93 EPS. PACW’s profit would be $107.43 million giving it 10.94 P/E if the $0.90 EPS is correct. After having $0.93 EPS previously, PacWest Bancorp’s analysts see -3.23 % EPS growth. The stock decreased 0.61% or $0.24 during the last trading session, reaching $39.39. About 731,970 shares traded. PacWest Bancorp (NASDAQ:PACW) has declined 21.18% since March 17, 2018 and is downtrending. It has underperformed by 25.55% the S&P500.

PacWest Bancorp (NASDAQ:PACW) Ratings Coverage

Among 3 analysts covering PacWest Banc (NASDAQ:PACW), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. PacWest Banc had 4 analyst reports since October 17, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Sunday, February 24 by Keefe Bruyette & Woods. The rating was maintained by Raymond James on Tuesday, February 26 with “Buy”. BMO Capital Markets maintained it with “Market Perform” rating and $50 target in Wednesday, October 17 report.

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 $4.70 billion. The firm accepts demand, money market, and time deposits. It has a 10.59 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.

More notable recent PacWest Bancorp (NASDAQ:PACW) news were published by: Globenewswire.com which released: “PacWest Bancorp and El Dorado Savings Bank Agree to Merge – GlobeNewswire” on September 12, 2018, also Nasdaq.com with their article: “Validea David Dreman Strategy Daily Upgrade Report – 3/12/2019 – Nasdaq” published on March 12, 2019, Benzinga.com published: “10 Biggest Price Target Changes For Monday – Benzinga” on February 25, 2019. More interesting news about PacWest Bancorp (NASDAQ:PACW) were released by: Nasdaq.com and their article: “PacWest Bancorp (PACW) Beats Q3 Earnings Estimates – Nasdaq” published on October 16, 2018 as well as Seekingalpha.com‘s news article titled: “More on PacWest’s Q4 results – Seeking Alpha” with publication date: January 17, 2019.

PacWest Bancorp (NASDAQ:PACW) Institutional Positions Chart

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