West Bancorporation, Inc. (NASDAQ:WTBA) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC grew its holdings in shares of West Bancorporation, Inc. (NASDAQ:WTBA) by 18.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,829 shares of the financial services provider’s stock after purchasing an additional 1,397 shares during the quarter. SG Americas Securities LLC owned approximately 0.05% of West Bancorporation worth $187,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Captrust Financial Advisors boosted its stake in West Bancorporation by 938.6% during the 1st quarter. Captrust Financial Advisors now owns 1,049 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 948 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in shares of West Bancorporation by 253.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,793 shares of the financial services provider’s stock valued at $58,000 after acquiring an additional 2,003 shares during the last quarter. BNP Paribas Arbitrage SNC boosted its position in shares of West Bancorporation by 60.3% during the 1st quarter. BNP Paribas Arbitrage SNC now owns 3,502 shares of the financial services provider’s stock valued at $64,000 after acquiring an additional 1,318 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in shares of West Bancorporation by 68.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,971 shares of the financial services provider’s stock valued at $97,000 after acquiring an additional 1,611 shares during the last quarter. Finally, Barclays PLC boosted its position in shares of West Bancorporation by 193.0% during the 4th quarter. Barclays PLC now owns 4,351 shares of the financial services provider’s stock valued at $111,000 after acquiring an additional 2,866 shares during the last quarter. Institutional investors and hedge funds own 44.30% of the company’s stock.

Analyst Ratings Changes

Separately, TheStreet cut shares of West Bancorporation from a “b-” rating to a “c+” rating in a research report on Tuesday, February 6th.

West Bancorporation Stock Up 0.1 %

Shares of WTBA opened at $16.09 on Friday. The firm has a market cap of $269.19 million, a P/E ratio of 11.17 and a beta of 0.91. West Bancorporation, Inc. has a 12-month low of $15.04 and a 12-month high of $22.39. The company’s 50-day moving average price is $17.35 and its 200 day moving average price is $18.04. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.97.

West Bancorporation (NASDAQ:WTBA) last issued its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.04). The company had revenue of $18.26 million during the quarter, compared to analysts’ expectations of $18.82 million. West Bancorporation had a net margin of 14.17% and a return on equity of 11.19%. On average, sell-side analysts forecast that West Bancorporation, Inc. will post 1.15 earnings per share for the current year.

West Bancorporation Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, February 7th were issued a $0.25 dividend. The ex-dividend date was Tuesday, February 6th. This represents a $1.00 annualized dividend and a yield of 6.22%. West Bancorporation’s dividend payout ratio (DPR) is currently 69.44%.

West Bancorporation Profile

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.