Fuller & Thaler Amends Hope Bancorp Stake, Files 13G/A
Ticker: HOPE · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 1128361
| Field | Detail |
|---|---|
| Company | Hope Bancorp Inc (HOPE) |
| Form Type | SC 13G/A |
| Filed Date | Feb 12, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, banking, passive-investment
TL;DR
**Fuller & Thaler updated their Hope Bancorp holdings, signaling continued institutional interest.**
AI Summary
Fuller & Thaler Asset Management, Inc. filed an amended Schedule 13G/A on February 12, 2024, indicating their ownership of Hope Bancorp Inc. common stock as of December 31, 2023. This filing, Amendment No. 6, updates their previous disclosures regarding their investment in the bank, which operates under the CUSIP 43940T109. This matters to investors because it provides transparency into significant institutional holdings, showing that a major asset manager continues to hold a position in Hope Bancorp, potentially signaling confidence or a long-term investment strategy.
Why It Matters
This filing shows that Fuller & Thaler Asset Management, a significant institutional investor, maintains a position in Hope Bancorp, which can influence investor sentiment and stock stability.
Risk Assessment
Risk Level: low — This is a routine amendment filing by an institutional investor, indicating no immediate significant risk or change in company fundamentals.
Analyst Insight
Investors should note that a prominent institutional investor, Fuller & Thaler Asset Management, continues to hold a position in Hope Bancorp, suggesting ongoing institutional interest. This filing is a routine update and doesn't signal an immediate buy or sell, but rather confirms existing institutional presence.
Key Numbers
- 43940T109 — CUSIP Number (Identifies the specific class of securities (Common Stock) of Hope Bancorp INC.)
- 94-3176968 — IRS Identification No. (Identifies Fuller & Thaler Asset Management, Inc. as the reporting person.)
- Amendment No. 6 — Filing Amendment Number (Indicates this is the sixth update to Fuller & Thaler's Schedule 13G filing for Hope Bancorp.)
Key Players & Entities
- Fuller & Thaler Asset Management, Inc. (company) — the reporting person filing the SC 13G/A
- Hope Bancorp INC (company) — the issuer whose securities are being reported
- California (place) — place of organization for Fuller & Thaler Asset Management, Inc.
- December 31, 2023 (date) — the date of the event requiring the filing of this statement
- 43940T109 (number) — CUSIP Number for Hope Bancorp INC Common Stock
Forward-Looking Statements
- Fuller & Thaler Asset Management will likely maintain a significant, but passive, stake in Hope Bancorp INC. (Fuller & Thaler Asset Management, Inc.) — medium confidence, target: December 31, 2024
FAQ
Who filed this SC 13G/A amendment?
Fuller & Thaler Asset Management, Inc. filed this SC 13G/A amendment, as indicated by the 'Name of Reporting Person' on page 2 of the filing.
What company's stock is the subject of this filing?
The subject company is Hope Bancorp INC, as stated under 'Name of Issuer' on page 1 of the filing.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Hope Bancorp INC is 43940T109, as listed on page 1 and page 2 of the filing.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified on page 1 of the filing.
What type of securities are being reported in this filing?
The filing reports on 'Common Stock' of Hope Bancorp INC, as stated under 'Title of Class of Securities' on page 1.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 12, 2024 regarding HOPE BANCORP INC (HOPE).