Analysts See $1.08 EPS for East West Bancorp, Inc. (EWBC); Wireless Telecom Group (WTT)’s Sentiment Is 0.78

June 20, 2018 - By wolcottdaily

Wireless Telecom Group, Inc. (NYSEAMERICAN:WTT) Logo

Wireless Telecom Group Inc (WTT) investors sentiment decreased to 0.78 in Q1 2018. It’s down -0.65, from 1.43 in 2017Q4. The ratio dropped, as 7 hedge funds started new or increased positions, while 9 cut down and sold their stakes in Wireless Telecom Group Inc. The hedge funds in our database now possess: 5.39 million shares, down from 5.39 million shares in 2017Q4. Also, the number of hedge funds holding Wireless Telecom Group Inc in top ten positions increased from 0 to 1 for an increase of 1. Sold All: 3 Reduced: 6 Increased: 3 New Position: 4.

Analysts expect East West Bancorp, Inc. (NASDAQ:EWBC) to report $1.08 EPS on July, 19.They anticipate $0.27 EPS change or 33.33% from last quarter’s $0.81 EPS. EWBC’s profit would be $156.47 million giving it 16.25 P/E if the $1.08 EPS is correct. After having $1.13 EPS previously, East West Bancorp, Inc.’s analysts see -4.42% EPS growth. The stock increased 0.24% or $0.17 during the last trading session, reaching $70.19. About 556,405 shares traded. East West Bancorp, Inc. (NASDAQ:EWBC) has risen 26.77% since June 20, 2017 and is uptrending. It has outperformed by 14.20% the S&P500. Some Historical EWBC News: ; 23/04/2018 – EAST WEST BANCORP INC EWBC.O : MORGAN STANLEY RAISES TARGET PRICE TO $72 FROM $70; 19/04/2018 – East West Bancorp Closes Above 50-Day Moving Average; 23/05/2018 – East West Bancorp Presenting at Conference Jun 4; 14/03/2018 – East West Bancorp Closes Below 50-Day Moving Average; 29/05/2018 – EAST WEST BANCORP BOOSTS QTRLY DIV BY 15% TO $0.23/SHR; 19/04/2018 – East West Bancorp 1Q EPS $1.28; 19/04/2018 – EAST WEST BANCORP 1Q ADJ EPS $1.13; 19/04/2018 – EAST WEST BANCORP INC – OUTLOOK FOR 2018 CURRENTLY ASSUMES TWO ADDITIONAL FED FUNDS RATE INCREASES IN 2018: IN JUNE AND SEPTEMBER; 29/05/2018 – East West Bancorp Raises Dividend to 23c; 19/04/2018 – East West Bancorp Reaffirms Its Outlook for the Full Year 2018

Since January 29, 2018, it had 0 insider purchases, and 31 sales for $9.69 million activity. 5,771 shares were sold by NG DOMINIC, worth $401,731. Shares for $341,432 were sold by Oh Irene H. LIU JACK C sold $76,616 worth of East West Bancorp, Inc. (NASDAQ:EWBC) on Wednesday, May 16. Another trade for 5,000 shares valued at $348,262 was made by KRAUSE DOUGLAS PAUL on Thursday, May 31. Another trade for 356 shares valued at $25,048 was made by CAMPBELL MOLLY on Thursday, June 14. Chan Iris S sold 2,000 shares worth $133,378.

East West Bancorp, Inc. operates as the holding firm for East West Bank that provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals. The company has market cap of $10.17 billion. The firm operates through three divisions: Retail Banking, Commercial Banking, and Other. It has a 19.55 P/E ratio. It offers various deposit products comprising personal and business checking and savings accounts, time deposits and individual retirement accounts, travelersÂ’ checks, safe deposit boxes, and MasterCard and Visa merchant deposit services.

Among 15 analysts covering East West Bancorp Inc. (NASDAQ:EWBC), 8 have Buy rating, 0 Sell and 7 Hold. Therefore 53% are positive. East West Bancorp Inc. had 57 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of East West Bancorp, Inc. (NASDAQ:EWBC) earned “Hold” rating by BMO Capital Markets on Wednesday, March 7. The firm has “Hold” rating by Keefe Bruyette & Woods given on Friday, June 23. Keefe Bruyette & Woods maintained East West Bancorp, Inc. (NASDAQ:EWBC) rating on Thursday, April 19. Keefe Bruyette & Woods has “Hold” rating and $7700 target. The rating was downgraded by Raymond James on Monday, October 5 to “Mkt Perform”. The company was maintained on Thursday, January 4 by Sandler O’Neill. The rating was maintained by Barclays Capital on Tuesday, January 2 with “Buy”. The stock has “Hold” rating by BMO Capital Markets on Thursday, February 8. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, October 3. The firm earned “Buy” rating on Thursday, September 21 by Piper Jaffray. The firm has “Outperform” rating by Wells Fargo given on Friday, October 23.

Investors sentiment decreased to 1.01 in 2018 Q1. Its down 0.21, from 1.22 in 2017Q4. It worsened, as 28 investors sold East West Bancorp, Inc. shares while 136 reduced holdings. 46 funds opened positions while 119 raised stakes. 122.89 million shares or 0.92% less from 124.03 million shares in 2017Q4 were reported. Smith Graham And Inv Limited Partnership owns 115,260 shares. Sumitomo Mitsui Tru Hldgs holds 0.03% in East West Bancorp, Inc. (NASDAQ:EWBC) or 419,124 shares. Verition Fund Mngmt Ltd Liability owns 23,534 shares. 10,821 are held by Stephens Inc Ar. Barclays Plc invested 0.01% in East West Bancorp, Inc. (NASDAQ:EWBC). 42,914 are owned by Td Asset Mgmt. Jacobs Levy Equity Mngmt Incorporated owns 103,676 shares. Soros Fund Management Ltd Co reported 44,600 shares or 0.05% of all its holdings. Aperio Group Limited Liability has invested 0.02% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC). Moreover, Glenmede Na has 0.09% invested in East West Bancorp, Inc. (NASDAQ:EWBC) for 342,104 shares. Blair William Il invested in 17,259 shares or 0.01% of the stock. 347,195 are held by Federated Inc Pa. Fund Evaluation Gru Ltd Liability owns 20,890 shares for 0.15% of their portfolio. Chicago Equity Prns Limited Liability Com stated it has 0.24% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC). Clinton Grp holds 0.18% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC) for 27,538 shares.

Hollow Brook Wealth Management Llc holds 3.64% of its portfolio in Wireless Telecom Group, Inc. for 1.86 million shares. Essex Investment Management Co Llc owns 216,921 shares or 0.07% of their US portfolio. Moreover, Kistler has 0.01% invested in the company for 11,100 shares. The Massachusetts-based Acadian Asset Management Llc has invested 0% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 12,400 shares.

Wireless Telecom Group, Inc., together with its subsidiaries, creates and makes radio frequency and microwave products for wireless and advanced communications industries in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company has market cap of $46.37 million. The firm operates in two divisions, Network Solutions, and Test and Measurement. It currently has negative earnings. It creates and makes a range of RF passive components and integrated subsystems for signal conditioning and distribution in the wireless infrastructure markets, such as distributed antenna systems (DAS), in-building wireless solutions industry, radio base-station market, and medical equipment sector.

The stock decreased 1.34% or $0.03 during the last trading session, reaching $2.21. About 12,078 shares traded. Wireless Telecom Group, Inc. (WTT) has risen 59.33% since June 20, 2017 and is uptrending. It has outperformed by 46.76% the S&P500. Some Historical WTT News: ; 09/05/2018 – WIRELESS TELECOM GROUP INC – QTRLY SHR $0.02; 12/03/2018 – Wireless Telecom 4Q Rev $12M; 09/05/2018 – Wireless Telecom 1Q Rev $13.3M; 09/05/2018 – Wireless Telecom Sees 2Q Rev $12.25M-$12.75M; 12/03/2018 Wireless Telecom 4Q Loss/Shr 12c; 12/03/2018 – Wireless Telecom Sees 1Q Rev $13M-$13.5M; 19/04/2018 – Boonton Strengthens Its Position as the Peak Power Measurement Leader with Introduction of the 4500C, its Next Generation Peak; 11/05/2018 – X-Square Capital Buys 1.2% of Wireless Telecom Group Inc; 09/05/2018 – WIRELESS TELECOM GROUP INC – MARCH 31, 2018 BACKLOG OF FIRM ORDERS OF $10.6 MLN; 23/04/2018 – DJ Wireless Telecom Group Inc, Inst Holders, 1Q 2018 (WTT)

Wireless Telecom Group, Inc. (NYSEAMERICAN:WTT) Institutional Positions Chart

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