Ravi Chopra’s Azora Capital’s Top 5 Stock Picks

4. PacWest Bancorp (NASDAQ:PACW)

Azora Capital’s Stake Value: $31,192,000

Percentage of Azora Capital’s 13F Portfolio: 4.85%

Number of Hedge Fund Holders: 29

PacWest Bancorp (NASDAQ:PACW) is a bank holding company in California, with Pacific West Bank as its core, wholly owned subsidiary. With 79 operational bank branches, PacWest Bancorp (NASDAQ:PACW) is engaged in commercial banking services such as financing for real estate and construction, commercial loans, deposit, and treasury management services to small and medium-sized businesses. PacWest Bancorp (NASDAQ:PACW) is one of the top stocks in Ravi Chopra’s Q2 portfolio. 

Ravi Chopra owns 757,812 shares in PacWest Bancorp (NASDAQ:PACW), worth $31.19 million, making up 4.85% of Chopra’s 13F portfolio. 

Fisher Asset Management is the leading stakeholder in PacWest Bancorp (NASDAQ:PACW) at the end of Q2. Overall, 29 hedge funds were bullish on PacWest Bancorp (NASDAQ:PACW) at the end of June. 

PacWest Bancorp (NASDAQ:PACW) announced earnings for Q3 on October 18. The EPS was $1.17, beating estimates by $0.15. The revenue also exceeded expectations by $14.01 million at $331.12 million.