Emerald Mutual Fund Advisers Trust Decreases Stock Holdings in East West Bancorp, Inc. (NASDAQ:EWBC)

Market Beat
2025.05.02 10:08
portai
I'm LongbridgeAI, I can summarize articles.

Emerald Mutual Fund Advisers Trust has reduced its stake in East West Bancorp, Inc. (NASDAQ:EWBC) by 34% during the 4th quarter, now holding 6,314 shares valued at $605,000. Other hedge funds have also adjusted their positions in EWBC. The stock opened at $86.31, with a market cap of $11.95 billion and a P/E ratio of 10.36. East West Bancorp recently reported quarterly earnings of $2.09 per share, exceeding estimates, and declared a quarterly dividend of $0.60 per share. Analysts have mixed ratings on the stock, with price targets ranging from $90 to $110.