Wilshire Bancorp Inc. (NASDAQ:WIBC)’s share price was down 1.1% on Wednesday . The company traded as low as $11.08 and last traded at $11.13, with a volume of 132,725 shares changing hands. The stock had previously closed at $11.25.

Separately, Zacks Investment Research cut Wilshire Bancorp from a “hold” rating to a “sell” rating in a report on Saturday, April 16th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. Wilshire Bancorp currently has an average rating of “Hold” and a consensus target price of $13.13.

The firm has a market cap of $878.85 million and a PE ratio of 15.18. The firm has a 50 day moving average price of $10.84 and a 200 day moving average price of $10.56.

Wilshire Bancorp (NASDAQ:WIBC) last announced its quarterly earnings results on Monday, July 18th. The financial services provider reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.02. During the same period in the prior year, the business earned $0.20 EPS. Equities research analysts anticipate that Wilshire Bancorp Inc. will post $0.77 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 1st. Investors of record on Wednesday, June 15th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend was Monday, June 13th.

A number of institutional investors have recently made changes to their positions in the stock. Principal Financial Group Inc. raised its position in shares of Wilshire Bancorp by 0.7% in the fourth quarter. Principal Financial Group Inc. now owns 863,503 shares of the financial services provider’s stock worth $9,973,000 after buying an additional 6,042 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Wilshire Bancorp by 20.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 262,892 shares of the financial services provider’s stock worth $3,036,000 after buying an additional 43,854 shares during the last quarter. Rhumbline Advisers raised its position in shares of Wilshire Bancorp by 4.8% in the fourth quarter. Rhumbline Advisers now owns 115,561 shares of the financial services provider’s stock worth $1,335,000 after buying an additional 5,300 shares during the last quarter. Finally, California State Teachers Retirement System raised its position in shares of Wilshire Bancorp by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 130,758 shares of the financial services provider’s stock worth $1,510,000 after buying an additional 2,264 shares during the last quarter.

Wilshire Bancorp, Inc (Wilshire) is a bank holding company offering a range of financial products and services primarily through its main subsidiary Wilshire Bank (the Bank), a California state-chartered commercial bank. The Bank has 34 full-service branch offices in Southern California, Texas, New Jersey and the greater New York City metropolitan area.

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