Western Alliance Bancorporation $WAL Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama reduced its position in Western Alliance Bancorporation (NYSE:WALFree Report) by 6.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 125,162 shares of the financial services provider’s stock after selling 8,066 shares during the period. Retirement Systems of Alabama owned about 0.11% of Western Alliance Bancorporation worth $10,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its holdings in Western Alliance Bancorporation by 71.2% in the first quarter. NewEdge Advisors LLC now owns 7,815 shares of the financial services provider’s stock valued at $600,000 after buying an additional 3,249 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Western Alliance Bancorporation by 513.5% in the 1st quarter. Jones Financial Companies Lllp now owns 1,730 shares of the financial services provider’s stock valued at $133,000 after purchasing an additional 1,448 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Western Alliance Bancorporation by 24.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 111,883 shares of the financial services provider’s stock worth $8,596,000 after purchasing an additional 21,642 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Western Alliance Bancorporation by 11.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 347,529 shares of the financial services provider’s stock worth $26,701,000 after purchasing an additional 35,276 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in Western Alliance Bancorporation by 17.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,842 shares of the financial services provider’s stock valued at $327,000 after purchasing an additional 580 shares during the period. 79.15% of the stock is owned by hedge funds and other institutional investors.

Western Alliance Bancorporation Stock Performance

NYSE:WAL opened at $88.76 on Thursday. The company has a market cap of $9.77 billion, a P/E ratio of 10.97, a P/E/G ratio of 0.55 and a beta of 1.34. Western Alliance Bancorporation has a twelve month low of $57.05 and a twelve month high of $93.81. The company’s 50-day moving average price is $85.83 and its 200-day moving average price is $83.71. The company has a current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 0.83.

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

Western Alliance Bancorporation Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Thursday, November 13th were given a dividend of $0.42 per share. The ex-dividend date was Thursday, November 13th. This is a positive change from Western Alliance Bancorporation’s previous quarterly dividend of $0.38. This represents a $1.68 dividend on an annualized basis and a yield of 1.9%. Western Alliance Bancorporation’s dividend payout ratio (DPR) is 20.77%.

Key Stories Impacting Western Alliance Bancorporation

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

  • Positive Sentiment: Q4 results beat expectations — EPS $2.59 vs. $2.40 est., revenue $913.5M (+17% y/y), healthy net margin (17.14%) and ROE (12.93%) — supports valuation re‑rating. Business Wire — Q4 Results
  • Positive Sentiment: Jefferies raised its price target to $110 and maintained a “buy” — represents ~24% upside vs. current levels and signals conviction from a large broker. Jefferies PT Raise (TickerReport)
  • Positive Sentiment: Keefe, Bruyette & Woods lifted its target to $101 with an “outperform” rating, giving another institutional endorsement for upside potential. Keefe Bruyette & Woods PT Raise (TickerReport)
  • Positive Sentiment: Analyst coverage and commentary highlight building growth momentum after Q4, with at least one upgrade/positive note from independent coverage. Seeking Alpha — Upgrade/Analysis
  • Neutral Sentiment: JPMorgan reaffirmed a “neutral” stance but raised its target to $105, indicating cautious optimism — support for upside exists but with reservation. Benzinga — JPMorgan Note
  • Neutral Sentiment: Full earnings materials and call transcript are available for deeper due diligence (slides, press release, transcript). Useful for investors assessing sustainability of margin and loan/deposit trends. Earnings Call Transcript (Seeking Alpha)
  • Neutral Sentiment: Market commentary is discussing whether WAL’s current pricing already reflects longer‑term returns and regional bank resilience — a thematic piece that may temper short‑term buying. Yahoo Finance — Thematic Pricing Piece

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Keefe, Bruyette & Woods upped their target price on Western Alliance Bancorporation from $98.00 to $101.00 and gave the stock an “outperform” rating in a research note on Wednesday. Royal Bank Of Canada upped their price objective on shares of Western Alliance Bancorporation from $93.00 to $100.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. Truist Financial set a $98.00 target price on shares of Western Alliance Bancorporation in a research report on Friday, January 9th. Weiss Ratings reissued a “hold (c+)” rating on shares of Western Alliance Bancorporation in a research note on Monday, December 29th. Finally, Wall Street Zen raised shares of Western Alliance Bancorporation from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. Eleven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $103.13.

Check Out Our Latest Research Report on WAL

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.

See Also

Want to see what other hedge funds are holding WAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Western Alliance Bancorporation (NYSE:WALFree Report).

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

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