Here’s how analysts see Western Alliance Bancorporation (NYSE:WAL) after this past week.

July 27, 2018 - By Lisa Delgado

Investors sentiment decreased to 1.05 in Q1 2018. Its down 0.21, from 1.26 in 2017Q4. It is negative, as 33 investors sold Western Alliance Bancorporation shares while 99 reduced holdings. 46 funds opened positions while 92 raised stakes. 85.68 million shares or 0.37% more from 85.36 million shares in 2017Q4 were reported.
Epoch Prtn holds 0.24% or 1.18 million shares in its portfolio. Johnson Invest Counsel has 5,803 shares for 0.01% of their portfolio. Pitcairn Communication has invested 0.04% in Western Alliance Bancorporation (NYSE:WAL). First L P reported 0.03% of its portfolio in Western Alliance Bancorporation (NYSE:WAL). Hanson Mcclain has invested 0% in Western Alliance Bancorporation (NYSE:WAL). Td Asset Mngmt invested in 112,258 shares or 0.01% of the stock. Nomura owns 7,500 shares or 0% of their US portfolio. The Massachusetts-based Loomis Sayles & Comm Limited Partnership has invested 0.02% in Western Alliance Bancorporation (NYSE:WAL). Cornerstone holds 603 shares or 0.02% of its portfolio. Stevens Cap Mngmt L P reported 24,866 shares. 156 are owned by Farmers Merchants. Legal General Public Ltd Com owns 53,466 shares for 0% of their portfolio. Price T Rowe Md holds 6.91 million shares or 0.06% of its portfolio. Advsrs Asset stated it has 0.02% of its portfolio in Western Alliance Bancorporation (NYSE:WAL). Emerald Advisers Incorporated Pa has invested 0.06% in Western Alliance Bancorporation (NYSE:WAL).

Since February 1, 2018, it had 1 insider buy, and 12 insider sales for $7.02 million activity. Another trade for 6,352 shares valued at $390,521 was sold by SNYDER DONALD D. 6,185 Western Alliance Bancorporation (NYSE:WAL) shares with value of $375,553 were sold by Sarver Robert Gary. Another trade for 7,065 shares valued at $417,824 was sold by Theisen Randall S. Another trade for 2,500 shares valued at $150,000 was sold by Sohn Sung Won. $330,000 worth of Western Alliance Bancorporation (NYSE:WAL) was sold by CADY GERALD A on Monday, April 30. LATTA ROBERT P bought $1,722 worth of Western Alliance Bancorporation (NYSE:WAL) on Thursday, February 1.

Western Alliance Bancorporation (NYSE:WAL) Ratings Coverage

Among 8 analysts covering Western Alliance (NYSE:WAL), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Western Alliance has $74.0 highest and $67 lowest target. $69.63’s average target is 20.89% above currents $57.6 stock price. Western Alliance had 10 analyst reports since January 29, 2018 according to SRatingsIntel. Sandler O’Neill maintained Western Alliance Bancorporation (NYSE:WAL) rating on Friday, April 20. Sandler O’Neill has “Buy” rating and $6800 target. SunTrust maintained it with “Buy” rating and $70.0 target in Monday, January 29 report. Jefferies maintained the stock with “Buy” rating in Monday, January 29 report. Jefferies maintained the shares of WAL in report on Tuesday, April 24 with “Buy” rating. Citigroup initiated the stock with “Hold” rating in Monday, June 18 report. The company was upgraded on Monday, January 29 by Wells Fargo. The rating was maintained by Sandler O’Neill with “Buy” on Monday, January 29. Keefe Bruyette & Woods maintained Western Alliance Bancorporation (NYSE:WAL) on Monday, February 26 with “Buy” rating. Below is a list of Western Alliance Bancorporation (NYSE:WAL) latest ratings and price target changes.

10/07/2018 Broker: Wedbush Rating: Outperform New Target: $67 Initiates Coverage On
18/06/2018 Broker: Citigroup Rating: Hold New Target: $69.0000 Initiate
24/04/2018 Broker: Jefferies Rating: Buy New Target: $67.0000 Maintain
20/04/2018 Broker: Sandler O’Neill Rating: Buy New Target: $68.0000 Maintain
22/03/2018 Broker: UBS Rating: Buy New Target: $70 Initiates Coverage On
26/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $74.0 Maintain
29/01/2018 Broker: Sandler O’Neill Rating: Buy New Target: $69.0 Maintain
29/01/2018 Broker: SunTrust Rating: Buy New Target: $70.0 Maintain
29/01/2018 Broker: Jefferies Rating: Buy New Target: $69.0 Maintain
29/01/2018 Broker: Wells Fargo Rating: Buy New Target: $72.0 Upgrade

The stock increased 0.65% or $0.37 during the last trading session, reaching $57.6. About 429,768 shares traded. Western Alliance Bancorporation (NYSE:WAL) has risen 34.12% since July 27, 2017 and is uptrending. It has outperformed by 21.55% the S&P500.

Western Alliance Bancorporation operates as the holding firm for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. The company has market cap of $6.10 billion. The firm offers deposit products, including checking accounts, savings accounts, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts. It has a 18.58 P/E ratio. It also offers commercial and industrial loan products, such as working capital lines of credit, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans.

More recent Western Alliance Bancorporation (NYSE:WAL) news were published by: which released: “Western Alliance Bancorporation (WAL) CEO Ken Vecchione on Q2 2018 Results – Earnings Call Transcript” on July 20, 2018. Also published the news titled: “Earnings Preview For Western Alliance Bancorp” on July 19, 2018.‘s news article titled: “Western Alliance Reports Second Quarter 2018 Financial Performance” with publication date: July 19, 2018 was also an interesting one.

Western Alliance Bancorporation (NYSE:WAL) Institutional Positions Chart

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