Mutual of America Capital Management LLC Reduces Position in Western Alliance Bancorporation $WAL

Mutual of America Capital Management LLC reduced its position in shares of Western Alliance Bancorporation (NYSE:WALFree Report) by 11.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,809 shares of the financial services provider’s stock after selling 6,399 shares during the period. Mutual of America Capital Management LLC’s holdings in Western Alliance Bancorporation were worth $4,146,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Western Alliance Bancorporation by 12.7% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 22,990 shares of the financial services provider’s stock valued at $1,994,000 after buying an additional 2,588 shares in the last quarter. Root Financial Partners LLC purchased a new position in shares of Western Alliance Bancorporation in the 3rd quarter valued at about $27,000. Arkadios Wealth Advisors raised its position in shares of Western Alliance Bancorporation by 9.8% during the 3rd quarter. Arkadios Wealth Advisors now owns 7,947 shares of the financial services provider’s stock worth $689,000 after acquiring an additional 708 shares in the last quarter. Tradewinds LLC. purchased a new stake in Western Alliance Bancorporation during the third quarter worth approximately $518,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Western Alliance Bancorporation by 28.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,940 shares of the financial services provider’s stock valued at $425,000 after purchasing an additional 1,098 shares during the last quarter. Institutional investors and hedge funds own 79.15% of the company’s stock.

Western Alliance Bancorporation News Roundup

Here are the key news stories impacting Western Alliance Bancorporation this week:

  • Positive Sentiment: Jefferies raised its price target to $110 and kept a “buy” rating, implying ~22% upside from current levels — a bullish analyst call supporting the rally. Article Title Article Title
  • Positive Sentiment: DA Davidson bumped its target to $105 and reiterated a “buy” rating, adding to buy‑side momentum after WAL’s Q4 beat. Article Title
  • Positive Sentiment: Keefe, Bruyette & Woods lifted its target to $101 and kept an “outperform” view, another upgrade that reinforces the positive analyst sentiment. Article Title Article Title
  • Positive Sentiment: Company Q4 detail: management reported record loan and deposit growth and rising fee income that helped drive revenue momentum — these fundamentals support the analyst upgrades. Article Title Article Title
  • Neutral Sentiment: JPMorgan reportedly reaffirmed a “neutral” stance while nudging its price target up to $105 (from $100), which is essentially a mixed signal — price target higher but no upgrade in conviction. Article Title
  • Negative Sentiment: Separate JPMorgan notes flagged concerns about rising earnings‑credit rates and higher deposit costs, leading to downgrade/negative coverage in some reports; this highlights margin pressure and keeps downside risk for WAL. Article Title

Wall Street Analyst Weigh In

Several analysts have recently weighed in on WAL shares. Barclays boosted their price objective on shares of Western Alliance Bancorporation from $112.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. Citigroup restated a “neutral” rating on shares of Western Alliance Bancorporation in a research note on Thursday. UBS Group reissued a “buy” rating and issued a $107.00 target price on shares of Western Alliance Bancorporation in a report on Tuesday, January 6th. Industrial Alliance Securities set a $101.00 price target on Western Alliance Bancorporation in a research report on Wednesday. Finally, Jefferies Financial Group boosted their price objective on Western Alliance Bancorporation from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday. Ten equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $103.60.

View Our Latest Stock Analysis on WAL

Western Alliance Bancorporation Price Performance

Shares of NYSE WAL opened at $90.06 on Friday. The stock has a fifty day moving average price of $86.11 and a 200 day moving average price of $83.75. Western Alliance Bancorporation has a 1-year low of $57.05 and a 1-year high of $93.81. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.83 and a quick ratio of 0.80. The company has a market cap of $9.91 billion, a PE ratio of 10.32, a P/E/G ratio of 0.54 and a beta of 1.34.

Western Alliance Bancorporation (NYSE:WALGet Free Report) last announced its quarterly earnings data on Monday, January 26th. The financial services provider reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.19. The company had revenue of $913.50 million during the quarter, compared to the consensus estimate of $912.69 million. Western Alliance Bancorporation had a net margin of 18.04% and a return on equity of 13.33%. Western Alliance Bancorporation’s quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.95 EPS. Sell-side analysts forecast that Western Alliance Bancorporation will post 9.05 EPS for the current year.

Western Alliance Bancorporation Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Thursday, November 13th were issued a $0.42 dividend. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $1.68 dividend on an annualized basis and a yield of 1.9%. This is a boost from Western Alliance Bancorporation’s previous quarterly dividend of $0.38. Western Alliance Bancorporation’s dividend payout ratio is presently 19.24%.

Western Alliance Bancorporation Company Profile

(Free Report)

Western Alliance Bancorporation is a bank holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Western Alliance Bank, the company provides a range of banking services to commercial clients, entrepreneurs and real estate developers. As one of the largest regional banks in the western United States, it focuses on relationship-driven banking solutions tailored to niche industries and growing businesses.

The company’s core offerings include deposit products, treasury management and a variety of lending services.

Read More

Institutional Ownership by Quarter for Western Alliance Bancorporation (NYSE:WAL)

Receive News & Ratings for Western Alliance Bancorporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Alliance Bancorporation and related companies with MarketBeat.com's FREE daily email newsletter.