Analyst Activity – Keefe, Bruyette & Woods Reiterates Hold on Cathay General Bancorp (NASDAQ:CATY)

ME Staff
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Analyst Ratings For Cathay General Bancorp (NASDAQ:CATY)

Today, Keefe, Bruyette & Woods reiterated its Hold rating on Cathay General Bancorp (NASDAQ:CATY) with a price target of $37.00.

There are 2 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Cathay General Bancorp (NASDAQ:CATY) is Buy (Score: 2.50) with a consensus target price of $40.25 per share, a potential 3.10% upside.

Some recent analyst ratings include

  • 7/25/2017-Keefe, Bruyette & Woods Reiterated Rating of Hold.
  • 7/12/2017-Piper Jaffray Companies Reiterated Rating of Buy.
  • 6/27/2017-Wedbush Reiterated Rating of Neutral.
  • 7/6/2016-BMO Capital Markets Reiterated Rating of Outperform.
  • 4/15/2016-Sandler O’Neill was Downgraded by analysts at Sandler O’Neill from a “Buy ” rating to a ” Hold” rating.

Dividend information for Cathay General Bancorp (NASDAQ:CATY)

Cathay General Bancorp (NASDAQ:CATY) pays an annual dividend of Community Ranking: with a yield of 2.15%.

Dividend History for Cathay General Bancorp (NASDAQ:CATY)

  • On 5/18/2017 Cathay General Bancorp announced a quarterly dividend of $0.21 2.3% with an ex dividend date of 5/30/2017 which will be payable on 6/12/2017.
  • On 2/16/2017 Cathay General Bancorp announced a quarterly dividend of $0.22 2.13% with an ex dividend date of 2/27/2017 which will be payable on 3/10/2017.
  • On 11/17/2016 Cathay General Bancorp announced a quarterly dividend of $0.21 2.35% with an ex dividend date of 11/29/2016 which will be payable on 12/12/2016.
  • On 8/18/2016 Cathay General Bancorp announced a quarterly dividend of $0.18 2.33% with an ex dividend date of 8/30/2016 which will be payable on 9/12/2016.
  • On 5/19/2016 Cathay General Bancorp announced a quarterly dividend of $0.18 2.43% with an ex dividend date of 5/27/2016 which will be payable on 6/13/2016.
  • On 2/19/2016 Cathay General Bancorp announced a quarterly dividend of $0.18 2.65% with an ex dividend date of 2/26/2016 which will be payable on 3/11/2016.
  • On 11/19/2015 Cathay General Bancorp announced a quarterly dividend of $0.18 2.09% with an ex dividend date of 11/30/2015 which will be payable on 12/14/2015.

Recent Insider Trading Activity For Cathay General Bancorp (NASDAQ:CATY)
Cathay General Bancorp (NASDAQ:CATY) has insider ownership of 5.76% and institutional ownership of 68.08%.

  • On 6/8/2017 Anthony M Tang, Vice Chairman, sold 50,000 with an average share price of $38.01 per share and the total transaction amounting to $1,900,500.00. View SEC Filing
  • On 3/7/2017 Dunson K Cheng, Chairman, sold 17,555 with an average share price of $39.27 per share and the total transaction amounting to $689,384.85. View SEC Filing
  • On 3/7/2017 Patrick Lee, Director, sold 3,500 with an average share price of $39.17 per share and the total transaction amounting to $137,095.00. View SEC Filing
  • On 3/6/2017 Dunson K Cheng, Chairman, sold 20,000 with an average share price of $39.25 per share and the total transaction amounting to $785,000.00. View SEC Filing
  • On 3/3/2017 Dunson K Cheng, Insider, sold 61,417 with an average share price of $40.26 per share and the total transaction amounting to $2,472,648.42. View SEC Filing
  • On 2/27/2017 Kim R Bingham, EVP, sold 10,000 with an average share price of $39.05 per share and the total transaction amounting to $390,500.00. View SEC Filing
  • On 2/16/2017 Dunson K Cheng, Insider, sold 24,240 with an average share price of $38.93 per share and the total transaction amounting to $943,663.20. View SEC Filing

Recent Trading Activity for Cathay General Bancorp (NASDAQ:CATY)
Shares of Cathay General Bancorp closed the previous trading session at 39.04 up +0.71 1.85% with 620,333 shares trading hands.