Western Alliance Bancorporation (WAL) EPS Estimated At $1.03

September 25, 2018 - By Jason Dias

Investors sentiment increased to 1.21 in 2018 Q2. Its up 0.16, from 1.05 in 2018Q1. It is positive, as 15 investors sold Western Alliance Bancorporation shares while 104 reduced holdings. 51 funds opened positions while 93 raised stakes. 84.69 million shares or 1.15% less from 85.68 million shares in 2018Q1 were reported.
Guggenheim reported 5,767 shares. Tower Capital Limited Liability Corp (Trc) holds 10,583 shares. Cornerstone Advsr Inc holds 603 shares or 0.02% of its portfolio. 320,083 were reported by Macquarie Grp. Signaturefd Limited Liability Company holds 0% of its portfolio in Western Alliance Bancorporation (NYSE:WAL) for 603 shares. Goldman Sachs Gru reported 572,086 shares. Broadview Advsr Lc reported 303,825 shares. Price T Rowe Md has invested 0.06% in Western Alliance Bancorporation (NYSE:WAL). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 6,453 shares. Cipher Cap Limited Partnership reported 10,103 shares or 0.12% of all its holdings. Atria Invs Ltd Company holds 0.01% or 3,703 shares. Brandywine Invest Mgmt Limited Liability Company stated it has 80,879 shares. Huntington State Bank reported 889 shares. Segall Bryant And Hamill Ltd Limited Liability Company owns 0.12% invested in Western Alliance Bancorporation (NYSE:WAL) for 134,969 shares. Jpmorgan Chase And reported 1.74 million shares.

Since April 30, 2018, it had 2 insider buys, and 5 insider sales for $609,867 activity. Vecchione Kenneth bought $592,264 worth of stock or 10,400 shares. $186,780 worth of stock was sold by MCAUSLAN ROBERT REOCH on Wednesday, June 6. Sohn Sung Won sold $150,000 worth of stock. $119,050 worth of Western Alliance Bancorporation (NYSE:WAL) was bought by GIBBONS DALE on Friday, July 27. CADY GERALD A sold $330,000 worth of stock.

Analysts expect Western Alliance Bancorporation (NYSE:WAL) to report $1.03 EPS on October, 18.They anticipate $0.24 EPS change or 30.38 % from last quarter’s $0.79 EPS. WAL’s profit would be $109.05M giving it 14.33 P/E if the $1.03 EPS is correct. After having $0.99 EPS previously, Western Alliance Bancorporation’s analysts see 4.04 % EPS growth. The stock decreased 0.54% or $0.32 during the last trading session, reaching $59.05. About 899,994 shares traded or 45.17% up from the average. Western Alliance Bancorporation (NYSE:WAL) has risen 18.04% since September 25, 2017 and is uptrending. It has outperformed by 2.42% the S&P500.

Western Alliance Bancorporation (NYSE:WAL) Ratings Coverage

Among 4 analysts covering Western Alliance (NYSE:WAL), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Western Alliance had 4 analyst reports since April 20, 2018 according to SRatingsIntel. The firm has “Buy” rating by Sandler O’Neill given on Friday, April 20. The rating was maintained by Jefferies on Tuesday, April 24 with “Buy”. The stock of Western Alliance Bancorporation (NYSE:WAL) has “Hold” rating given on Monday, June 18 by Citigroup.

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 $6.25 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 16.45 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.

Western Alliance Bancorporation (NYSE:WAL) Institutional Positions Chart

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