UBS Group AG Sells 177,443 Shares of Cathay General Bancorp $CATY

Posted by Geri Gentry on May 23rd, 2026

UBS Group AG decreased its holdings in Cathay General Bancorp (NASDAQ:CATY – Free Report) by 65.0% during the 4th quarter, HoldingsChannel reports. The firm owned 95,584 shares of the bank’s stock after selling 177,443 shares during the quarter. UBS Group AG’s holdings in Cathay General Bancorp were worth $4,625,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Invesco Ltd. grew its position in Cathay General Bancorp by 3.5% during the 3rd quarter. Invesco Ltd. now owns 1,579,719 shares of the bank’s stock worth $75,842,000 after acquiring an additional 53,621 shares during the last quarter. Millennium Management LLC grew its position in Cathay General Bancorp by 375.1% during the 3rd quarter. Millennium Management LLC now owns 420,509 shares of the bank’s stock worth $20,189,000 after acquiring an additional 331,997 shares during the last quarter. Bank of America Corp DE grew its position in Cathay General Bancorp by 25.0% during the 3rd quarter. Bank of America Corp DE now owns 386,291 shares of the bank’s stock worth $18,546,000 after acquiring an additional 77,228 shares during the last quarter. Public Sector Pension Investment Board grew its position in Cathay General Bancorp by 8.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 305,043 shares of the bank’s stock worth $14,645,000 after acquiring an additional 24,615 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC grew its position in Cathay General Bancorp by 18.8% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 197,969 shares of the bank’s stock worth $9,504,000 after acquiring an additional 31,270 shares during the last quarter. Institutional investors own 75.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on CATY shares. Keefe, Bruyette & Woods boosted their price objective on Cathay General Bancorp from $55.00 to $58.00 and gave the stock a “market perform” rating in a research report on Thursday, April 23rd. Piper Sandler boosted their price objective on Cathay General Bancorp from $45.00 to $47.00 and gave the stock an “underweight” rating in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Cathay General Bancorp presently has a consensus rating of “Hold” and a consensus target price of $51.75.

View Our Latest Stock Report on CATY

Cathay General Bancorp Trading Up 0.0%

NASDAQ CATY opened at $57.27 on Friday. The business’s 50-day moving average price is $52.96 and its two-hundred day moving average price is $51.01. Cathay General Bancorp has a 12 month low of $41.83 and a 12 month high of $58.00. The firm has a market capitalization of $3.84 billion, a PE ratio of 11.81 and a beta of 0.87. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.04.

Cathay General Bancorp (NASDAQ:CATY – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The bank reported $1.29 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.10. Cathay General Bancorp had a return on equity of 11.37% and a net margin of 23.79%.The firm had revenue of $213.20 million for the quarter, compared to analyst estimates of $211.27 million. During the same quarter in the previous year, the company posted $0.98 EPS. The business’s revenue was up 14.4% on a year-over-year basis. On average, analysts expect that Cathay General Bancorp will post 5.4 EPS for the current year.

Cathay General Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Thursday, May 28th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Thursday, May 28th. Cathay General Bancorp’s payout ratio is 31.34%.

Cathay General Bancorp declared that its Board of Directors has initiated a share repurchase plan on Thursday, April 23rd that allows the company to repurchase $150,000.00 billion in outstanding shares. This repurchase authorization allows the bank to purchase up to 4,164,630.6% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Cathay General Bancorp

In other Cathay General Bancorp news, Vice Chairman Peter Wu sold 20,000 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $57.33, for a total value of $1,146,600.00. Following the sale, the insider owned 275,252 shares in the company, valued at approximately $15,780,197.16. The trade was a 6.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Chang Liu sold 4,836 shares of the company’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $50.35, for a total value of $243,492.60. Following the completion of the sale, the chief executive officer owned 127,819 shares in the company, valued at $6,435,686.65. This trade represents a 3.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 25,394 shares of company stock worth $1,421,341. Insiders own 4.53% of the company’s stock.

Cathay General Bancorp Profile

(Free Report)

Cathay General Bancorp is a bank holding company headquartered in Los Angeles, California, trading on NASDAQ under the symbol CATY. Its principal subsidiary, Cathay Bank, provides a full suite of financial services to commercial, institutional and retail clients. As a community-focused institution, the company emphasizes relationship banking and tailored solutions for businesses and individuals.

Founded in 1962 by a group of Chinese American entrepreneurs, Cathay has expanded from a single branch operation in downtown Los Angeles into one of the largest Asian-American banks in the United States.