2 weeks Ago By ABMN Staff
Renaissance Technologies LLC lowered its stake in shares of West Bancorporation, Inc. ( NASDAQ:WTBA – Free Report ) by 7.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The institutional investor owned 204,152 shares of the financial services provider’s stock after selling 16,101 shares during the period. Renaissance Technologies LLC’s holdings in West Bancorporation were worth $4,420,000 at the end of the most recent quarter. A number of other institutional investors have also added to or reduced their stakes in the company.
Proficio Capital Partners LLC bought a new stake in shares of West Bancorporation in the 4th quarter valued at about $785,000. JPMorgan Chase & Co. boosted its stake in shares of West Bancorporation by 121.
4% during the 4th quarter. JPMorgan Chase & Co. now owns 57,439 shares of the financial services provider’s stock worth $1,244,000 after acquiring an additional 31,493 shares during the period.
Fortress Financial Group LLC acquired a new position in shares of West Bancorporation during the 4th quarter worth approximately $407,000. Bank of New York Mellon Corp raised its stake 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 period. Finally, Trexquant Investment LP acquired a new stake in West Bancorporation during the 4th quarter valued at $356,000. 44.
30% of the stock is currently owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades Several equities analysts have recently weighed in on the stock. Piper Sandler dropped their price objective on shares of 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 report on Thursday, February 6th. West Bancorporation Stock Down 0.8 % WTBA opened at $18.
89 on Tuesday. The stock has a fifty day moving average of $20.40 and a 200-day moving average of $21.
48. The company has a market capitalization of $317.98 million, a P/E ratio of 13.
21 and a beta of 0.91. West Bancorporation, Inc.
has a fifty-two week low of $16.18 and a fifty-two week high of $24.85.
The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.95 and a current ratio of 0.
95. West Bancorporation ( NASDAQ:WTBA – Get Free Report ) last posted 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 net margin of 12.12% and a return on equity of 10.56%.
During the same period in the prior year, the company posted $0.27 earnings per share. On average, equities analysts expect that West Bancorporation, Inc.
will post 1.65 EPS for the current year. West Bancorporation Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th.
Shareholders of record on Wednesday, February 5th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, February 5th.
This represents a $1.00 dividend on an annualized basis and a yield of 5.29%.
West Bancorporation’s dividend payout ratio (DPR) is presently 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. Featured Stories Want to see what other hedge funds are holding WTBA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for West Bancorporation, Inc.
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