Morgan Stanley increased its stake in Western Alliance Bancorp (WAL) by 326.57% based on its latest 2017Q3 regulatory filing with the SEC. Morgan Stanley bought 122,277 shares as the company’s stock declined 13.36% while stock markets rallied. The institutional investor held 159,720 shares of the major banks company at the end of 2017Q3, valued at $8.48M, up from 37,443 at the end of the previous reported quarter. Morgan Stanley who had been investing in Western Alliance Bancorp for a number of months, seems to be bullish on the $6.33 billion market cap company. The stock decreased 1.27% or $0.77 during the last trading session, reaching $59.94. About 327,107 shares traded. Western Alliance Bancorporation (NYSE:WAL) has risen 29.08% since March 19, 2017 and is uptrending. It has outperformed by 12.38% the S&P500.
Biglari Capital Corp decreased its stake in Investors Title Co (ITIC) by 19.06% based on its latest 2017Q3 regulatory filing with the SEC. Biglari Capital Corp sold 9,300 shares as the company’s stock rose 40.02% with the market. The hedge fund held 39,500 shares of the specialty insurers company at the end of 2017Q3, valued at $7.07M, down from 48,800 at the end of the previous reported quarter. Biglari Capital Corp who had been investing in Investors Title Co for a number of months, seems to be less bullish one the $383.62M market cap company. The stock increased 1.41% or $2.82 during the last trading session, reaching $203.42. About 1,896 shares traded. Investors Title Company (NASDAQ:ITIC) has risen 101.17% since March 19, 2017 and is uptrending. It has outperformed by 84.47% the S&P500.
Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.63, from 1.67 in 2017Q2. It turned negative, as 2 investors sold ITIC shares while 22 reduced holdings. 9 funds opened positions while 16 raised stakes. 786,425 shares or 0.61% less from 791,260 shares in 2017Q2 were reported. Bb&T Lc holds 7,121 shares or 0.02% of its portfolio. 1,600 are owned by Steinberg Glob Asset Mngmt. 2,500 are held by Strs Ohio. Dimensional Fund Advisors LP accumulated 153,273 shares or 0.01% of the stock. Tiaa Cref Invest Management Ltd Limited Liability Company stated it has 4,007 shares or 0% of all its holdings. Vanguard Inc invested 0% in Investors Title Company (NASDAQ:ITIC). Oppenheimer And has invested 0.03% of its portfolio in Investors Title Company (NASDAQ:ITIC). Bridgeway Capital Mgmt holds 0.01% or 5,692 shares in its portfolio. California State Teachers Retirement Systems reported 2,312 shares or 0% of all its holdings. Whittier Trust Com reported 400 shares or 0% of all its holdings. Davenport Co Lc holds 2,950 shares. Suntrust Banks stated it has 0% of its portfolio in Investors Title Company (NASDAQ:ITIC). Baker Ellis Asset Mgmt Lc owns 0.25% invested in Investors Title Company (NASDAQ:ITIC) for 5,277 shares. Deutsche National Bank & Trust Ag holds 2,363 shares or 0% of its portfolio. Renaissance Ltd Limited Liability Company invested in 18,200 shares or 0% of the stock.
Since October 23, 2017, it had 1 buying transaction, and 15 insider sales for $15.51 million activity. $173,578 worth of Western Alliance Bancorporation (NYSE:WAL) shares were sold by Theisen Randall S. The insider MCAUSLAN ROBERT REOCH sold $123,880. Shares for $5.52 million were sold by Sarver Robert Gary. LATTA ROBERT P bought $1,722 worth of Western Alliance Bancorporation (NYSE:WAL) on Thursday, February 1. 538 Western Alliance Bancorporation (NYSE:WAL) shares with value of $32,441 were sold by Ardrey J. Kelly Jr.. The insider BEACH BRUCE D sold 4,000 shares worth $223,560.
Among 13 analysts covering Western Alliance Bancorp (NYSE:WAL), 13 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Western Alliance Bancorp had 49 analyst reports since September 8, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 4 by Sandler O’Neill. On Monday, January 29 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by Wells Fargo on Tuesday, January 9 with “Hold”. The stock has “Buy” rating by SunTrust on Monday, January 8. Barclays Capital maintained it with “Overweight” rating and $59 target in Monday, July 24 report. DA Davidson upgraded the stock to “Buy” rating in Thursday, February 11 report. Jefferies maintained Western Alliance Bancorporation (NYSE:WAL) on Sunday, August 27 with “Buy” rating. The firm earned “Buy” rating on Wednesday, April 5 by Jefferies. The rating was maintained by Piper Jaffray on Tuesday, September 12 with “Buy”. The firm has “Overweight” rating given on Tuesday, February 14 by Barclays Capital.
Morgan Stanley, which manages about $60.09 billion and $333.86B US Long portfolio, decreased its stake in Vaneck Vectors Etf Tr by 406,436 shares to 1.29M shares, valued at $24.78 million in 2017Q3, according to the filing. It also reduced its holding in Ishares Tr (IJS) by 33,569 shares in the quarter, leaving it with 1.67M shares, and cut its stake in Powershares Etf Trust (PEY).
Investors sentiment increased to 1.32 in 2017 Q3. Its up 0.30, from 1.02 in 2017Q2. It improved, as 20 investors sold WAL shares while 85 reduced holdings. 42 funds opened positions while 97 raised stakes. 84.78 million shares or 0.26% more from 84.56 million shares in 2017Q2 were reported. The Ontario – Canada-based Td Asset Mngmt has invested 0.01% in Western Alliance Bancorporation (NYSE:WAL). United Kingdom-based Gsa Prtn Limited Liability Partnership has invested 0.06% in Western Alliance Bancorporation (NYSE:WAL). Paloma Prns Mgmt stated it has 19,772 shares. The Ohio-based Employees Retirement Systems Of Ohio has invested 0.02% in Western Alliance Bancorporation (NYSE:WAL). Swiss Natl Bank holds 0.01% or 166,300 shares. The Connecticut-based Cubist Systematic Strategies Lc has invested 0.03% in Western Alliance Bancorporation (NYSE:WAL). Metropolitan Life Ins Company accumulated 5,422 shares. Cambridge Rech Incorporated owns 0.01% invested in Western Alliance Bancorporation (NYSE:WAL) for 9,736 shares. Navellier Associates invested in 13,774 shares or 0.14% of the stock. Fdx Advsr Incorporated reported 6,505 shares stake. Fmr Llc accumulated 783,683 shares. 2,800 were accumulated by Pacad Invest Ltd. Pnc Fincl Serv Grp Inc Incorporated invested in 0% or 7,720 shares. First Republic Inv Management holds 0.01% or 34,953 shares in its portfolio. Jpmorgan Chase And, a New York-based fund reported 1.90 million shares.