Calamos Wealth Management Has Lowered Stake in Amer Intl Group (AIG) as Share Value Declined; As Western Alliance Bancorp (WAL) Stock Value Declined, Shareholder Tygh Capital Management Has Raised Position

February 15, 2018 - By Darrin Black

Tygh Capital Management Inc increased its stake in Western Alliance Bancorp (WAL) by 24.79% based on its latest 2017Q3 regulatory filing with the SEC. Tygh Capital Management Inc bought 30,975 shares as the company’s stock declined 13.36% while stock markets rallied. The institutional investor held 155,936 shares of the major banks company at the end of 2017Q3, valued at $8.28M, up from 124,961 at the end of the previous reported quarter. Tygh Capital Management Inc who had been investing in Western Alliance Bancorp for a number of months, seems to be bullish on the $6.35 billion market cap company. The stock increased 0.32% or $0.19 during the last trading session, reaching $60.18. About 484,924 shares traded. Western Alliance Bancorporation (NYSE:WAL) has risen 29.08% since February 15, 2017 and is uptrending. It has outperformed by 12.38% the S&P500.

Calamos Wealth Management Llc decreased its stake in Amer Intl Group (AIG) by 32.17% based on its latest 2017Q3 regulatory filing with the SEC. Calamos Wealth Management Llc sold 14,258 shares as the company’s stock declined 2.08% while stock markets rallied. The institutional investor held 30,056 shares of the finance company at the end of 2017Q3, valued at $1.85M, down from 44,314 at the end of the previous reported quarter. Calamos Wealth Management Llc who had been investing in Amer Intl Group for a number of months, seems to be less bullish one the $53.30 billion market cap company. The stock decreased 0.20% or $0.12 during the last trading session, reaching $59.29. About 4.80M shares traded. American International Group, Inc. (NYSE:AIG) has risen 8.59% since February 15, 2017 and is uptrending. It has underperformed by 8.11% the S&P500.

Among 13 analysts covering Western Alliance Bancorp (NYSE:WAL), 13 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Western Alliance Bancorp had 48 analyst reports since September 8, 2015 according to SRatingsIntel. Sandler O’Neill maintained Western Alliance Bancorporation (NYSE:WAL) rating on Monday, January 29. Sandler O’Neill has “Buy” rating and $69.0 target. Wood maintained it with “Buy” rating and $58 target in Tuesday, April 11 report. The stock has “Buy” rating by Jefferies on Monday, July 24. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Buy”. The firm has “Buy” rating given on Friday, January 26 by Keefe Bruyette & Woods. The rating was maintained by SunTrust on Tuesday, November 28 with “Buy”. The stock of Western Alliance Bancorporation (NYSE:WAL) has “Buy” rating given on Friday, September 1 by Keefe Bruyette & Woods. The stock of Western Alliance Bancorporation (NYSE:WAL) has “Overweight” rating given on Monday, July 24 by Barclays Capital. The firm earned “Buy” rating on Tuesday, October 3 by Keefe Bruyette & Woods. The rating was maintained by RBC Capital Markets on Thursday, September 7 with “Buy”.

Tygh Capital Management Inc, which manages about $521.11 million and $500.47M US Long portfolio, decreased its stake in Eagle Materials Inc (NYSE:EXP) by 34,609 shares to 42,077 shares, valued at $4.49M in 2017Q3, according to the filing. It also reduced its holding in Welbilt Inc by 67,810 shares in the quarter, leaving it with 160,830 shares, and cut its stake in Tableau Software Inc Cl A (NYSE:DATA).

Since August 16, 2017, it had 1 buy, and 9 sales for $10.18 million activity. $169,080 worth of Western Alliance Bancorporation (NYSE:WAL) was sold by MCAUSLAN ROBERT REOCH on Friday, December 15. Shares for $2.81 million were sold by Sarver Robert Gary on Friday, October 27. $279,450 worth of Western Alliance Bancorporation (NYSE:WAL) shares were sold by Sohn Sung Won. 4,000 Western Alliance Bancorporation (NYSE:WAL) shares with value of $223,880 were sold by SNYDER DONALD D. LATTA ROBERT P bought $1,722 worth of Western Alliance Bancorporation (NYSE:WAL) on Thursday, February 1. 4,000 shares were sold by BEACH BRUCE D, worth $223,560.

Investors sentiment increased to 1.32 in 2017 Q3. Its up 0.30, from 1.02 in 2017Q2. It increased, as 20 investors sold WAL shares while 85 reduced holdings. 42 funds opened positions while 97 raised stakes. 84.78 million shares or 0.26% more from 84.56 million shares in 2017Q2 were reported. Emerald Mutual Fund Advisers Tru accumulated 186,834 shares. M&T National Bank & Trust Corp has 4,086 shares for 0% of their portfolio. The California-based Aimz Limited Liability Corp has invested 0.23% in Western Alliance Bancorporation (NYSE:WAL). Delta Asset Mngmt Ltd Tn has invested 0% in Western Alliance Bancorporation (NYSE:WAL). Counselors Of Maryland Ltd Liability Company stated it has 0.01% in Western Alliance Bancorporation (NYSE:WAL). Manufacturers Life Ins The invested 0.04% in Western Alliance Bancorporation (NYSE:WAL). Utah Retirement has invested 0.02% of its portfolio in Western Alliance Bancorporation (NYSE:WAL). Rainier Ltd Liability Corporation, Washington-based fund reported 127,460 shares. Comerica Bank & Trust invested 0% in Western Alliance Bancorporation (NYSE:WAL). 7,008 are held by Hsbc Hldgs Pcl. 57,000 were reported by Hennessy Inc. Credit Suisse Ag invested in 118,594 shares. Schwab Charles Investment Mngmt Inc has invested 0.02% in Western Alliance Bancorporation (NYSE:WAL). Franklin Resource Incorporated reported 803,306 shares stake. Bnp Paribas Arbitrage Sa holds 0% of its portfolio in Western Alliance Bancorporation (NYSE:WAL) for 11,907 shares.

Calamos Wealth Management Llc, which manages about $927.87M and $721.64M US Long portfolio, upped its stake in Ishares Core Msci Emerging (IEMG) by 21,851 shares to 121,609 shares, valued at $6.57M in 2017Q3, according to the filing. It also increased its holding in Morgan Stanley (NYSE:MS) by 6,996 shares in the quarter, for a total of 38,682 shares, and has risen its stake in Allergan Plc.

Investors sentiment increased to 0.79 in 2017 Q3. Its up 0.15, from 0.64 in 2017Q2. It is positive, as 72 investors sold AIG shares while 293 reduced holdings. 78 funds opened positions while 211 raised stakes. 748.00 million shares or 0.80% more from 742.03 million shares in 2017Q2 were reported. Us National Bank De owns 53,638 shares. Moors & Cabot holds 0.09% in American International Group, Inc. (NYSE:AIG) or 9,639 shares. Scotia Incorporated invested in 344,469 shares. 16.42 million are owned by Hotchkis Wiley Capital Management Lc. Parkside Bancorporation Tru, Missouri-based fund reported 429 shares. Tudor Corporation Et Al reported 0.2% in American International Group, Inc. (NYSE:AIG). Moreover, United Financial Advisers Limited Company has 0.13% invested in American International Group, Inc. (NYSE:AIG). Hl Financial Ser Ltd Llc reported 0.05% in American International Group, Inc. (NYSE:AIG). Harvest Capital Inc holds 0.1% or 3,980 shares in its portfolio. Fulton Savings Bank Na accumulated 11,077 shares or 0.05% of the stock. Archon Prns Limited Liability owns 157,000 shares. Dnb Asset Mngmt As holds 0.08% or 98,494 shares in its portfolio. Steinberg Glob Asset Management owns 7,840 shares. Moreover, Buckhead Capital Ltd Limited Liability Company has 0.69% invested in American International Group, Inc. (NYSE:AIG). Nj State Employees Deferred Compensation Plan owns 5,500 shares for 0.06% of their portfolio.

Among 21 analysts covering American International Group (NYSE:AIG), 13 have Buy rating, 2 Sell and 6 Hold. Therefore 62% are positive. American International Group had 72 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Mkt Perform” rating given on Monday, November 28 by FBR Capital. On Wednesday, August 5 the stock rating was maintained by FBR Capital with “Outperform”. The stock of American International Group, Inc. (NYSE:AIG) earned “Underperform” rating by Avondale on Wednesday, November 4. The firm earned “Neutral” rating on Wednesday, August 9 by Atlantic Securities. The rating was maintained by Credit Suisse on Tuesday, March 29 with “Neutral”. William Blair downgraded the shares of AIG in report on Wednesday, February 3 to “Market Perform” rating. The company was downgraded on Monday, March 13 by Deutsche Bank. S&P Research maintained the stock with “Buy” rating in Wednesday, August 5 report. The stock of American International Group, Inc. (NYSE:AIG) has “Overweight” rating given on Tuesday, May 16 by Morgan Stanley. UBS maintained American International Group, Inc. (NYSE:AIG) rating on Monday, October 2. UBS has “Neutral” rating and $63 target.

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