公民商业银行持有国泰通用银行（纳斯达克股票代码：CATY）的112万美元头寸

Citizens Business Bank bought a new stake in shares of Cathay General Bancorp (NASDAQ:CATY – Get Rating) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,520 shares of the bank's stock, valued at approximately $1,117,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Willner & Heller LLC lifted its holdings in shares of Cathay General Bancorp by 0.8% during the second quarter. Willner & Heller LLC now owns 45,533 shares of the bank's stock valued at $1,783,000 after purchasing an additional 348 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Cathay General Bancorp by 1.5% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 24,826 shares of the bank's stock valued at $972,000 after buying an additional 361 shares in the last quarter. Victory Capital Management Inc. lifted its stake in shares of Cathay General Bancorp by 0.6% in the 2nd quarter. Victory Capital Management Inc. now owns 60,244 shares of the bank's stock valued at $2,359,000 after purchasing an additional 374 shares during the last quarter. Strs Ohio lifted its stake in shares of Cathay General Bancorp by 6.8% in the 2nd quarter. Strs Ohio now owns 6,300 shares of the bank's stock valued at $246,000 after purchasing an additional 400 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Cathay General Bancorp by 0.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 58,102 shares of the bank's stock valued at $2,275,000 after purchasing an additional 458 shares during the last quarter. 67.15% of the stock is owned by hedge funds and other institutional investors.

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Insider Activity at Cathay General Bancorp

In related news, Vice Chairman Anthony M. Tang sold 5,000 shares of the firm's stock in a transaction dated Monday, October 31st. The stock was sold at an average price of $45.38, for a total transaction of $226,900.00. Following the transaction, the insider now owns 223,964 shares of the company's stock, valued at $10,163,486.32. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, Vice Chairman Anthony M. Tang sold 5,000 shares of Cathay General Bancorp stock in a transaction that occurred on Monday, October 31st. The shares were sold at an average price of $45.38, for a total transaction of $226,900.00. Following the completion of the sale, the insider now directly owns 223,964 shares in the company, valued at approximately $10,163,486.32. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Vice Chairman Anthony M. Tang sold 10,000 shares of Cathay General Bancorp stock in a transaction that occurred on Friday, December 9th. The stock was sold at an average price of $43.24, for a total value of $432,400.00. Following the transaction, the insider now owns 213,964 shares of the company's stock, valued at $9,251,803.36. The disclosure for this sale can be found here. Insiders have sold 22,905 shares of company stock valued at $1,012,070 over the last quarter. 4.30% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CATY. DA Davidson lifted their price target on Cathay General Bancorp to $47.00 in a report on Thursday, October 27th. StockNews.com cut Cathay General Bancorp from a "buy" rating to a "hold" rating in a report on Tuesday, November 22nd.

Cathay General Bancorp Trading Up 1.3 %

Shares of Cathay General Bancorp stock opened at $42.30 on Friday. The firm has a market capitalization of $3.15 billion, a price-to-earnings ratio of 9.40 and a beta of 1.17. Cathay General Bancorp has a fifty-two week low of $37.37 and a fifty-two week high of $48.88. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a 50 day moving average of $42.93 and a 200 day moving average of $42.43.

Cathay General Bancorp (NASDAQ:CATY – Get Rating) last issued its quarterly earnings data on Monday, October 24th. The bank reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.05. Cathay General Bancorp had a return on equity of 13.93% and a net margin of 41.20%. The company had revenue of $205.41 million during the quarter, compared to analyst estimates of $205.26 million. During the same period in the prior year, the business posted $0.93 earnings per share. The firm's revenue for the quarter was up 27.1% compared to the same quarter last year. As a group, research analysts predict that Cathay General Bancorp will post 4.9 earnings per share for the current year.

Cathay General Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 9th. Investors of record on Tuesday, November 29th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend was Monday, November 28th. Cathay General Bancorp's dividend payout ratio (DPR) is presently 30.22%.

Cathay General Bancorp Profile

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Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits.

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