<div id="readability-page-1"><p>Hope Bancorp, Inc. (NASDAQ:HOPE - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.74 and traded as high as $11.60. Hope Bancorp shares last traded at $11.39, with a volume of 777,135 shares changing hands.</p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of equities analysts recently weighed in on HOPE shares. Wall Street Zen upgraded shares of Hope Bancorp from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, November 8th. Zacks Research upgraded shares of Hope Bancorp from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Wednesday, September 24th. Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Hope Bancorp in a research report on Monday, December 15th. Finally, DA Davidson  set a $14.50 target price on Hope Bancorp in a report on Wednesday, October 29th. One investment analyst  has rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of &#34;Hold&#34; and a consensus target price of $13.25.</p><p><b>Read Our Latest Stock Analysis on HOPE</b></p><h2>Hope Bancorp Price Performance</h2><p>The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.06. The firm's 50-day moving average price is $10.71 and its 200-day moving average price is $10.74. The stock has a market capitalization of $1.46 billion, a PE ratio of 29.21 and a beta of 0.89. </p><p>Hope Bancorp (NASDAQ:HOPE - Get Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The financial services provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01). Hope Bancorp had a return on equity of 4.70% and a net margin of 4.89%.The company had revenue of $142.03 million for the quarter, compared to the consensus estimate of $138.87 million. During the same period in the previous year, the firm earned $0.21 earnings per share.  On average, equities analysts forecast that  Hope Bancorp, Inc. will post 1.09 EPS for the current fiscal year. </p><h2>Hope Bancorp Announces Dividend</h2><p>The business also recently announced a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Friday, November 7th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.56 annualized dividend and a dividend yield of 4.9%. Hope Bancorp's payout ratio is currently 143.59%. </p><h2>Insider Transactions at Hope Bancorp</h2><p>In other Hope Bancorp news, Director David P. Malone sold 20,820 shares of Hope Bancorp stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $11.50, for a total transaction of $239,430.00. Following the completion of the transaction, the director directly owned 66,658 shares of the company's stock, valued at $766,567. The trade was a 23.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. Insiders sold 26,787 shares of company stock valued at $303,917 in the last ninety days. 5.16% of the stock is owned by company insiders. </p><h2>Institutional Investors Weigh In On Hope Bancorp</h2><p>Several institutional investors have recently made changes to their positions in the company. CKW Financial Group bought a new position in  Hope Bancorp during the 2nd quarter valued at about $32,000.  Geneos Wealth Management Inc. grew its stake in shares of  Hope Bancorp by 294.0% during the first quarter. Geneos Wealth Management Inc. now owns 3,428 shares of the financial services provider's stock valued at $36,000 after buying an additional 2,558 shares during the last quarter.  Versant Capital Management Inc raised its holdings in shares of  Hope Bancorp by 61.0% in the third quarter. Versant Capital Management Inc now owns 3,968 shares of the financial services provider's stock worth $43,000 after buying an additional 1,503 shares during the period.  EverSource Wealth Advisors LLC raised its holdings in shares of  Hope Bancorp by 157.1% in the second quarter. EverSource Wealth Advisors LLC now owns 5,026 shares of the financial services provider's stock worth $54,000 after buying an additional 3,071 shares during the period.  Finally, GAMMA Investing LLC lifted its stake in shares of  Hope Bancorp by 29.3% during the 2nd quarter. GAMMA Investing LLC now owns 5,345 shares of the financial services provider's stock worth $57,000 after acquiring an additional 1,211 shares during the last quarter. Institutional investors own  84.00% of the company's stock. </p><h2>Hope Bancorp Company Profile</h2> (Get Free Report)<p>Hope Bancorp, Inc operates as the bank holding company for Hope Bank, a California-chartered financial institution serving small and middle-market businesses, professionals and affluent individuals. The company's principal activities include accepting a variety of deposit products—such as checking accounts, savings and money market accounts, and time deposits—and extending commercial credit facilities. With a focus on community banking, Hope Bancorp tailors its offerings to meet the needs of clients in diverse industries, including real estate, professional services and import/export trade.  </p><p>In its lending business, Hope Bancorp provides commercial real estate loans, construction financing, working capital lines of credit and equipment financing.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Hope Bancorp</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>The Last Gold Bull Market </li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Hope Bancorp Right Now?</h2><p>Before you consider Hope Bancorp, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hope Bancorp wasn't on the list.</p><p>While Hope Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

HOPE

<p>Hope Bancorp's stock (NASDAQ:HOPE) surpassed its 200-day moving average, trading as high as $11.60. Analysts upgraded the stock to 'hold' with a target price of $13.25. The company reported quarterly earnings of $0.25 per share, missing estimates by $0.01. Hope Bancorp announced a quarterly dividend of $0.14 per share, with a yield of 4.9%. Insider transactions included a sale of 20,820 shares by Director David P. Malone. Institutional investors own 84% of the stock.</p>

Hope Bancorp (NASDAQ:HOPE) Stock Passes Above 200 Day Moving Average - Here's What Happened