Great Lakes Advisors LLC Lowers Stock Holdings in Western Alliance Bancorporation $WAL

Great Lakes Advisors LLC lessened its stake in Western Alliance Bancorporation (NYSE:WAL) by 27.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 112,034 shares of the financial services provider’s stock after selling 41,402 shares during the period. Great Lakes Advisors LLC owned 0.10% of Western Alliance Bancorporation worth $9,716,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC purchased a new position in shares of Western Alliance Bancorporation in the 3rd quarter valued at approximately $26,000. Quent Capital LLC acquired a new stake in shares of Western Alliance Bancorporation during the third quarter worth $26,000. Salomon & Ludwin LLC acquired a new stake in shares of Western Alliance Bancorporation during the third quarter worth $27,000. Root Financial Partners LLC purchased a new position in Western Alliance Bancorporation in the 3rd quarter valued at $27,000. Finally, Hantz Financial Services Inc. increased its stake in Western Alliance Bancorporation by 995.8% in the 2nd quarter. Hantz Financial Services Inc. now owns 526 shares of the financial services provider’s stock valued at $41,000 after buying an additional 478 shares during the period. 79.15% of the stock is owned by institutional investors and hedge funds.

Western Alliance Bancorporation Trading Up 1.6%

Shares of Western Alliance Bancorporation stock opened at $90.06 on Friday. The company has a 50-day moving average of $86.11 and a two-hundred day moving average of $83.75. Western Alliance Bancorporation has a 12-month low of $57.05 and a 12-month high of $93.81. The company has a current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 0.83. The stock has a market cap of $9.91 billion, a PE ratio of 10.32, a price-to-earnings-growth ratio of 0.54 and a beta of 1.34.

Western Alliance Bancorporation (NYSE:WAL) last released its quarterly earnings results on Monday, January 26th. The financial services provider reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.40 by $0.19. Western Alliance Bancorporation had a return on equity of 13.33% and a net margin of 18.04%.The business had revenue of $913.50 million for the quarter, compared to analysts’ expectations of $912.69 million. During the same quarter in the prior year, the firm posted $1.95 EPS. The company’s revenue was up 17.0% compared to the same quarter last year. On average, research analysts anticipate that Western Alliance Bancorporation will post 9.05 EPS for the current fiscal year.

Western Alliance Bancorporation Increases Dividend

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

Western Alliance Bancorporation News Summary

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 Analysts Forecast Growth

Several research firms have recently commented on WAL. TD Cowen reduced their target price on shares of Western Alliance Bancorporation from $109.00 to $108.00 and set a “buy” rating for the company in a research note on Wednesday, January 7th. Barclays boosted their price target on shares of Western Alliance Bancorporation from $112.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. DA Davidson raised their price objective on shares of Western Alliance Bancorporation from $104.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday. Jefferies Financial Group lifted their price objective on Western Alliance Bancorporation from $105.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday. Finally, UBS Group reiterated a “buy” rating and set a $107.00 target price on shares of Western Alliance Bancorporation in a research report on Tuesday, January 6th. 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $103.60.

Western Alliance Bancorporation Profile

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.