Thomas Stenger Sells 1,650 Shares of Hope Bancorp (NASDAQ:HOPE) Stock

Posted by Geri Gentry on Sep 11th, 2026

Hope Bancorp, Inc. (NASDAQ:HOPE – Get Free Report) EVP Thomas Stenger sold 1,650 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $13.80, for a total value of $22,770.00. Following the sale, the executive vice president directly owned 24,478 shares in the company, valued at $337,796.40. This trade represents a 6.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Hope Bancorp Stock Performance

HOPE opened at $13.95 on Friday. The stock has a market cap of $1.78 billion, a P/E ratio of 13.95 and a beta of 0.83. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.98 and a quick ratio of 0.97. The stock’s 50 day simple moving average is $13.88 and its 200 day simple moving average is $12.75. Hope Bancorp, Inc. has a 1-year low of $9.80 and a 1-year high of $14.59.

Hope Bancorp (NASDAQ:HOPE – Get Free Report) last issued its quarterly earnings data on Monday, July 27th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.01. The firm had revenue of $147.82 million during the quarter, compared to analysts’ expectations of $146.50 million. Hope Bancorp had a return on equity of 5.71% and a net margin of 12.53%.During the same period in the previous year, the firm posted ($0.22) earnings per share. As a group, equities analysts anticipate that Hope Bancorp, Inc. will post 1.13 EPS for the current fiscal year.

Hope Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th were given a $0.14 dividend. The ex-dividend date was Thursday, August 6th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.0%. Hope Bancorp’s dividend payout ratio (DPR) is currently 56.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on HOPE shares. Weiss Ratings upgraded shares of Hope Bancorp from a “hold (c+)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. DA Davidson raised their target price on shares of Hope Bancorp from $15.00 to $16.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Hope Bancorp from $14.00 to $15.00 and gave the stock a “hold” rating in a research report on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $15.50.

Check Out Our Latest Stock Report on HOPE

Hedge Funds Weigh In On Hope Bancorp

A number of institutional investors have recently made changes to their positions in HOPE. BlackRock Inc. purchased a new stake in Hope Bancorp during the 2nd quarter worth about $252,703,000. Wellington Management Group LLP lifted its holdings in Hope Bancorp by 14.5% in the 2nd quarter. Wellington Management Group LLP now owns 11,438,933 shares of the financial services provider’s stock valued at $156,485,000 after purchasing an additional 1,448,931 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Hope Bancorp by 4.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,367,855 shares of the financial services provider’s stock valued at $82,298,000 after purchasing an additional 315,028 shares in the last quarter. State Street Corp boosted its stake in shares of Hope Bancorp by 3.3% during the 2nd quarter. State Street Corp now owns 6,494,266 shares of the financial services provider’s stock worth $69,683,000 after purchasing an additional 209,442 shares during the last quarter. Finally, HoldCo Asset Management LP acquired a new stake in shares of Hope Bancorp during the 4th quarter worth about $32,838,000. 84.00% of the stock is owned by institutional investors and hedge funds.

Hope Bancorp Company Profile

(Get 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.