1 day Ago By ABMN Staff
Trexquant Investment LP acquired a new position in West Bancorporation, Inc. ( NASDAQ:WTBA – Free Report ) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 16,444 shares of the financial services provider’s stock, valued at approximately $356,000.
Trexquant Investment LP owned 0.10% of West Bancorporation as of its most recent SEC filing. Other institutional investors have also recently made changes to their positions in the company.
State Street Corp grew its holdings in West Bancorporation by 1.9% during the 3rd quarter. State Street Corp now owns 372,033 shares of the financial services provider’s stock valued at $7,072,000 after buying an additional 6,809 shares in the last quarter.
Geode Capital Management LLC grew its stake in West Bancorporation by 2.1% during the third quarter. Geode Capital Management LLC now owns 356,288 shares of the financial services provider’s stock valued at $6,775,000 after acquiring an additional 7,320 shares in the last quarter.
Bank of New York Mellon Corp increased its holdings in West Bancorporation by 17.0% in the 4th quarter. Bank of New York Mellon Corp now owns 125,049 shares of the financial services provider’s stock valued at $2,707,000 after acquiring an additional 18,154 shares during the last quarter.
JPMorgan Chase & Co. lifted its stake in West Bancorporation by 121.4% in the 4th quarter.
JPMorgan Chase & Co. now owns 57,439 shares of the financial services provider’s stock worth $1,244,000 after purchasing an additional 31,493 shares in the last quarter. Finally, Proficio Capital Partners LLC bought a new position in shares of West Bancorporation during the 4th quarter valued at about $785,000.
Hedge funds and other institutional investors own 44.30% of the company’s stock. Analysts Set New Price Targets A number of equities research analysts recently commented on WTBA shares.
Piper Sandler decreased their target price on West Bancorporation from $25.00 to $23.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th.
StockNews.com upgraded West Bancorporation from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. West Bancorporation Stock Down 0.
4 % Shares of NASDAQ WTBA opened at $18.31 on Monday. The company has a current ratio of 0.
95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.86.
West Bancorporation, Inc. has a 12-month low of $15.80 and a 12-month high of $24.
85. The firm’s 50-day moving average price is $20.80 and its 200-day moving average price is $21.
46. The stock has a market capitalization of $308.21 million, a price-to-earnings ratio of 12.
80 and a beta of 0.91. West Bancorporation ( NASDAQ:WTBA – Get Free Report ) last issued its quarterly earnings data on Thursday, January 23rd.
The financial services provider reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.
02. West Bancorporation had a return on equity of 10.56% and a net margin of 12.
12%. During the same quarter in the prior year, the firm earned $0.27 EPS.
On average, equities research analysts anticipate that West Bancorporation, Inc. will post 1.65 EPS for the current fiscal year.
West Bancorporation Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, February 5th were given a dividend of $0.25 per share.
This represents a $1.00 dividend on an annualized basis and a yield of 5.46%.
The ex-dividend date was Wednesday, February 5th. West Bancorporation’s dividend payout ratio (DPR) is 69.93%.
West Bancorporation Company Profile ( Free Report ) West Bancorporation, Inc operates as the financial holding company provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It offers deposit services, including checking, savings, and money market accounts, as well as time certificates of deposit. Read More Receive News & Ratings for West Bancorporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for West Bancorporation and related companies with MarketBeat.
com's FREE daily email newsletter ..
