Positions for Western Alliance Bancorporation (NYSE:WAL)

“Big money sentiment for Western Alliance Bancorporation (NYSE:WAL) in Q4 2018 decreased to 1.04, according to SEC filings. That’s down -0.15, from 2018Q3’s 1.19. 140 hedge funds increased or opened new equity positions, while 134 sold and reduced their stakes in Western Alliance Bancorporation so the sentiment has worsened. These funds own 85.28 million shares, that’s down from 86.60 million shares in 2018Q3. Funds holding Western Alliance Bancorporation in top 10 changed to 7 from 4 for an increase of 3. In total 39 funds closed positions, 95 reduced and 87 increased. Also 53 funds bought new Western Alliance Bancorporation stakes.

Largest Western Alliance Bancorporation Shareholders

Fsi Group Llc owns 102,982 shares in Western Alliance Bancorporation as of Q4 2018. Western Alliance Bancorporation’s shareholder Endeavour Capital Advisors Inc owns 758,697 shares as of Q4 2018. In addition, Castine Capital Management Llc reported 285,170 shares in Western Alliance Bancorporation equivalent to 3.85% of its long stock exposure. Peavine Capital Llc revealed 137,585 shares position in Western Alliance Bancorporation. The Wisconsin-based fund Broadview Advisors Llc holds 216,400 shares or 2.46% of their long stock exposure.

Western Alliance Bancorporation operates as the holding firm for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada.The company has $4.59 billion market cap. The firm offers deposit products, including checking accounts, savings accounts, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts.The P/E ratio is 10.63. It also offers commercial and industrial loan products, such as working capital lines of credit, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans.

WAL is reaching $43.99 during the last trading session, after increased 0.23%.Currently Western Alliance Bancorporation is downtrending after 21.79% change in last March 10, 2018. WAL has 486,377 shares volume. WAL underperformed the S&P 500 by 26.16%.

On April, 18 WallStreet expected Western Alliance Bancorporation (NYSE:WAL)’s earnings release, according to Zacks. Analysts expect change of 15.63 % or $0.15 from previous year?s $0.96 EPS compared to current’s $1.11 EPS. If WAL’s EPS is $1.11 the profit will be $115.74M for 9.91 P/E. Wall Street forecasts -1.77 % negative EPS growth as of April, 18.

Citigroup has 240,303 shs. California State Teachers Retirement Systems holds 0.01% of its capital in Western Alliance Bancorporation (NYSE:WAL) for 156,434 shs. Systematic Financial Mgmt Lp reported 0.04% of its capital in Western Alliance Bancorporation (NYSE:WAL). Ftb owns 591 shs for 0% of their capital. 4.68 million were accumulated by Blackrock. Renaissance Limited Company, a New York-based fund reported 176,604 shs. Boston Advsrs Lc holds 0.05% or 21,215 shs. Belgium-based Kbc Grp Nv has invested 0.01% in Western Alliance Bancorporation (NYSE:WAL). Nuveen Asset Lc invested 0.17% of its capital in Western Alliance Bancorporation (NYSE:WAL). Moreover, Cortina Asset Mgmt Limited Liability Corp has 0.27% invested in Western Alliance Bancorporation (NYSE:WAL). Utah Retirement System has 0.02% invested in Western Alliance Bancorporation (NYSE:WAL). Art Advsr Limited Liability holds 0.13% or 51,300 shs in its capital. First Manhattan holds 500 shs or 0% of its capital. The Ontario – Canada-based Financial Bank Of Nova Scotia has invested 0.02% in Western Alliance Bancorporation (NYSE:WAL). Jcsd Cap Ltd Com holds 1.68% or 58,400 shs in its capital.

Western Alliance Bancorporation registered $101,124 net activity with 1 insider purchase and 2 selling transactions since October 24, 2018. On Monday, January 28 $92,000 worth of stock was sold by MCAUSLAN ROBERT REOCH. On Tuesday, January 29 Shares for $109,233 were sold by Theisen Randall S.

Western Alliance Bancorporation (NYSE:WAL) Ratings Coverage

In total 2 analysts cover Western Alliance Bancorp (NYSE:WAL). “Buy” rating has 2, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 3 are the (NYSE:WAL)’s analyst reports since October 22, 2018 according to StockzIntelligence Inc. The company rating was maintained by Barclays Capital on Monday, October 22. On Tuesday, January 15 the firm has “Buy” rating given by Citigroup. On Monday, October 22 the rating was maintained by Citigroup with “Neutral”.

For more Western Alliance Bancorporation (NYSE:WAL) news posted briefly go to: Fool.com, Fool.com, Benzinga.com, Bizjournals.com or Seekingalpha.com. The titles are as follows: “Strong Loan Growth Helps Western Alliance Bounce Back – Motley Fool” posted on January 24, 2019, “Stock Market News: Wal-Mart Sees E-Commerce Growth, Medtronic Looks Healthy – Motley Fool” on February 19, 2019, “Wal-Mart Stores, Inc. (NYSE:WMT) – Walmart Brings Bright Spot To Market Otherwise Cautious As Trade Talks Continue – Benzinga” with a publish date: February 19, 2019, “Amazon stretches cashierless footprint with third Go store in San Francisco – San Francisco Business Times” and the last “Western Alliance Bancorp: Another Great Quarter And More To Come – Seeking Alpha” with publication date: July 29, 2018.