Louisiana State Employees Retirement System Acquires New Position in Hope Bancorp, Inc. $HOPE

Posted by Brian Himes on Jul 8th, 2026

Louisiana State Employees Retirement System acquired a new stake in shares of Hope Bancorp, Inc. (NASDAQ:HOPE – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 56,900 shares of the financial services provider’s stock, valued at approximately $636,000.

Other large investors also recently bought and sold shares of the company. Global Retirement Partners LLC acquired a new position in shares of Hope Bancorp in the 4th quarter worth approximately $28,000. International Assets Investment Management LLC acquired a new stake in shares of Hope Bancorp during the 4th quarter valued at approximately $29,000. Geneos Wealth Management Inc. raised its position in shares of Hope Bancorp by 294.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,428 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 2,558 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in Hope Bancorp by 375.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,625 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 2,862 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Hope Bancorp by 157.1% in the second quarter. EverSource Wealth Advisors LLC now owns 5,026 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 3,071 shares during the period. Institutional investors own 84.00% of the company’s stock.

Insider Activity

In other news, Director Daisy Y. Ha sold 12,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $12.53, for a total transaction of $150,360.00. Following the completion of the transaction, the director directly owned 373,115 shares in the company, valued at approximately $4,675,130.95. The trade was a 3.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. DA Davidson increased their target price on shares of Hope Bancorp from $14.50 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Keefe, Bruyette & Woods increased their price objective on shares of Hope Bancorp from $13.00 to $14.00 and gave the stock a “market perform” rating in a research note on Monday, April 6th. Zacks Research raised shares of Hope Bancorp from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Weiss Ratings upgraded Hope Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Finally, Brean Capital raised Hope Bancorp from a “neutral” rating to a “buy” rating in a report on Wednesday, April 1st. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $14.50.

Check Out Our Latest Research Report on HOPE

Hope Bancorp Stock Performance

Shares of HOPE opened at $13.35 on Wednesday. The firm has a fifty day moving average of $12.75 and a 200-day moving average of $12.04. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 25.67 and a beta of 0.83. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.96 and a current ratio of 0.96. Hope Bancorp, Inc. has a 1 year low of $9.44 and a 1 year high of $14.05.

Hope Bancorp (NASDAQ:HOPE – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.01. The firm had revenue of $133.82 million for the quarter, compared to the consensus estimate of $145.30 million. Hope Bancorp had a net margin of 6.56% and a return on equity of 5.32%. Hope Bancorp’s quarterly revenue was up 21.0% compared to the same quarter last year. During the same period last year, the firm posted $0.17 EPS. As a group, equities analysts anticipate that Hope Bancorp, Inc. will post 1.13 earnings per share for the current year.

Hope Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, May 8th. Hope Bancorp’s payout ratio is 107.69%.

About Hope Bancorp

(Free Report)

Hope Bancorp, Inc operates as the bank holding company for Hope Bank, a California-chartered financial institution serving small and middle-market businesses, professionals and affluent individuals. The company’s principal activities include accepting a variety of deposit products—such as checking accounts, savings and money market accounts, and time deposits—and extending commercial credit facilities. With a focus on community banking, Hope Bancorp tailors its offerings to meet the needs of clients in diverse industries, including real estate, professional services and import/export trade.

In its lending business, Hope Bancorp provides commercial real estate loans, construction financing, working capital lines of credit and equipment financing.