The Manufacturers Life Insurance Company Makes New $741,000 Investment in Hope Bancorp, Inc. $HOPE

Posted by George Bondi on Sep 6th, 2026

The Manufacturers Life Insurance Company bought a new position in Hope Bancorp, Inc. (NASDAQ:HOPE – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 54,164 shares of the financial services provider’s stock, valued at approximately $741,000.

Other institutional investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in shares of Hope Bancorp by 4.5% in the first quarter. Dimensional Fund Advisors LP now owns 7,367,855 shares of the financial services provider’s stock worth $82,298,000 after buying an additional 315,028 shares during the period. AlphaQuest LLC boosted its holdings in Hope Bancorp by 159.4% during the 4th quarter. AlphaQuest LLC now owns 189,175 shares of the financial services provider’s stock valued at $2,073,000 after acquiring an additional 116,252 shares during the period. First Trust Advisors LP grew its position in Hope Bancorp by 90.1% during the 1st quarter. First Trust Advisors LP now owns 346,196 shares of the financial services provider’s stock worth $3,867,000 after acquiring an additional 164,099 shares during the last quarter. Bank of America Corp DE grew its position in Hope Bancorp by 16.9% during the 1st quarter. Bank of America Corp DE now owns 989,030 shares of the financial services provider’s stock worth $11,047,000 after acquiring an additional 142,807 shares during the last quarter. Finally, BlackRock Inc. purchased a new position in Hope Bancorp in the 2nd quarter worth approximately $252,703,000. 84.00% of the stock is currently owned by hedge funds and other institutional investors.

Hope Bancorp Stock Up 0.9%

NASDAQ HOPE opened at $14.13 on Friday. 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 has a market capitalization of $1.81 billion, a PE ratio of 14.13 and a beta of 0.83. Hope Bancorp, Inc. has a 1 year low of $9.80 and a 1 year high of $14.59. The business’s 50-day moving average is $13.86 and its 200 day moving average is $12.70.

Hope Bancorp (NASDAQ:HOPE – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.01. Hope Bancorp had a return on equity of 5.71% and a net margin of 12.53%.The company had revenue of $147.82 million for the quarter, compared to the consensus estimate of $146.50 million. During the same quarter in the previous year, the business earned ($0.22) EPS. Sell-side analysts forecast that Hope Bancorp, Inc. will post 1.13 earnings per share for the current year.

Hope Bancorp Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have weighed in on HOPE. DA Davidson boosted their price objective on Hope Bancorp from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Weiss Ratings upgraded shares of Hope Bancorp from a “hold (c+)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. 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 note on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Hope Bancorp presently has an average rating of “Moderate Buy” and a consensus price target of $15.50.

Read Our Latest Analysis on HOPE

Insiders Place Their Bets

In other Hope Bancorp news, Director Daisy Ha sold 26,995 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $14.24, for a total transaction of $384,408.80. Following the transaction, the director owned 346,120 shares in the company, valued at approximately $4,928,748.80. This represents a 7.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.27% of the company’s stock.

Hope Bancorp Company Profile

(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.