FIG Partners Analysts Boost Earnings Estimates for PacWest Bancorp (PACW)

The Castine Capital Management Llc holds 166,680 shares with $8.42 million value, up from 93,905 last quarter. Pacwest Bancorp Del now has $6.78B valuation. The stock decreased 0.06% or $0.03 during the last trading session, reaching $53.71.

PacWest Bancorp (NASDAQ:PACW) last issued its earnings results on Thursday, January 18th. It has outperformed by 2.21% the S&P500.

Castine Capital Management Llc increased its stake in Pacwest Bancorp Del (PACW) by 77.5% based on its latest 2017Q3 regulatory filing with the SEC. BlackRock Inc. now owns 13,143,190 shares of the financial services provider's stock worth $700,008,000 after buying an additional 12,985,280 shares during the last quarter. 480,500 shares of the company traded hands, compared to its average volume of 903,579. Leavell Investment Management Inc who had been investing in Altria Group Inc Com for a number of months, seems to be less bullish one the $137.05 billion market cap company. Baozun Inc. (NASDAQ:BZUN) has risen 289.41% since January 23, 2017 and is uptrending. It has underperformed by 22.00% the S&P500. It also reduced its holding in Tractor Supply Co (NASDAQ:TSCO) by 5,518 shares in the quarter, leaving it with 27,221 shares, and cut its stake in Trinity Inds Inc (NYSE:TRN). State Street Corp holds 0.03% of its portfolio in PacWest Bancorp (NASDAQ:PACW) for 5.78 million shares. Therefore 50% are positive. The stock has "Market Perform" rating by BMO Capital Markets on Thursday, January 14. The stock of PacWest Bancorp (NASDAQ:PACW) earned "Buy" rating by FBR Capital on Wednesday, July 19. $54.04's average target is 1.69% above currents $53.14 stock price. The firm earned "Buy" rating on Monday, August 14 by Keefe Bruyette & Woods. The rating was downgraded by Wells Fargo on Tuesday, October 4 to "Market Perform". The firm earned "Buy" rating on Monday, September 11 by Bank of America. The stock of PacWest Bancorp (NASDAQ:PACW) earned "Neutral" rating by DA Davidson on Monday, July 18. Ten investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. As per Friday, July 7, the company rating was maintained by BMO Capital Markets.

FIG Partners also issued estimates for PacWest Bancorp's Q2 2019 earnings at $0.94 EPS, Q3 2019 earnings at $0.99 EPS, Q4 2019 earnings at $1.01 EPS and FY2019 earnings at $3.85 EPS. Its down 0.28, from 1.16 in 2017Q2.

BidaskClub lowered shares of PacWest Bancorp (NASDAQ:PACW) from a sell rating to a strong sell rating in a research report sent to investors on Friday morning. First Allied Advisory Services Inc. raised its position in shares of PacWest Bancorp by 1.1% in the 2nd quarter. The financial services provider reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.08). Bbva Compass Bancorp Incorporated invested in 0.03% or 9,142 shares. Hightower Advsrs Llc reported 75,441 shares.

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PacWest Bancorp (NASDAQ PACW) traded up 0.29% on Friday, hitting $48.16. Alphamark Advisors Ltd Liability holds 0.01% of its portfolio in PacWest Bancorp (NASDAQ:PACW) for 350 shares. Ameriprise holds 0.08% or 3.36 million shares in its portfolio. Visionary Asset stated it has 0.09% in PacWest Bancorp (NASDAQ:PACW). 12,734 were accumulated by Stifel. Proshare Advisors Ltd Liability Com has invested 0.01% in PacWest Bancorp (NASDAQ:PACW). Moreover, Thrivent For Lutherans has 0.03% invested in PacWest Bancorp (NASDAQ:PACW) for 149,480 shares. Suntrust Banks reported 53,722 shares. Blair William & Il has invested 0% in PacWest Bancorp (NASDAQ:PACW). The company has a quick ratio of 0.90, a current ratio of 0.93 and a debt-to-equity ratio of 0.19. Alliancebernstein Lp holds 0% or 69,658 shares in its portfolio. (NYSE:MO), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 42% are positive. Enbridge Inc. had 22 analyst reports since August 4, 2015 according to SRatingsIntel. Jefferies initiated Sucampo Pharmaceuticals, Inc. SunTrust has "Hold" rating and $50.0 target. Stephens maintained the stock with "Buy" rating in Friday, January 19 report. The stock has "Neutral" rating by UBS on Monday, July 31. The stock has "Sell" rating by Zacks on Thursday, September 17. The stock of VeriFone Systems, Inc. The company was maintained on Thursday, November 30 by Raymond James. The firm has "Buy" rating given on Tuesday, November 29 by Tudor Pickering. (NYSE:MO) has "Buy" rating given on Thursday, October 26 by Cowen & Co. The stock has "Mkt Outperform" rating by JMP Securities on Friday, September 16. Schwab Charles Invest reported 0.01% stake. Its down 0.18, from 1.49 in 2017Q2. Chevy Chase invested in 4,546 shares. 55 funds opened positions while 111 raised stakes. M&T Bancshares invested in 667,072 shares. (NYSE:MO) for 19,192 shares. Murphy Capital Mgmt holds 1.43% of its portfolio in Altria Group, Inc. Family Corp owns 114,001 shares or 3.94% of their USA portfolio. (NYSE:MO) for 35,325 shares. 103,330 shares of the stock were exchanged. Cypress Cap Mngmt Ltd Limited Liability Company (Wy) has 225 shares. Mufg Americas holds 184,750 shares. Parametrica Mgmt has 8,456 shares for 0.23% of their portfolio. 9 were reported by Lenox Wealth. Pacwest Bancorp has $60.5 highest and $41 lowest target. (NYSE:MO). Burney holds 0.1% or 20,043 shares.

Analysts await Altria Group, Inc. During the same period a year ago, the business posted $0.71 EPS. AFAM's profit will be $8.38M for 24.27 P/E if the $0.60 EPS becomes a reality. FIG Partners analyst C. Marinac now expects that the financial services provider will post earnings of $0.92 per share for the quarter, up from their previous forecast of $0.88.

Group One Trading Lp increased Teva Pharmaceutical Inds Ltd (Call) stake by 620,200 shares to 1.51 million valued at $26.50M in 2017Q3.

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