West Bancorporation, Inc. (NASDAQ:WTBA) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets trimmed its position in shares of West Bancorporation, Inc. (NASDAQ:WTBA) by 45.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,949 shares of the financial services provider’s stock after selling 1,635 shares during the period. BNP Paribas Financial Markets’ holdings in West Bancorporation were worth $42,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC lifted its stake in shares of West Bancorporation by 11.3% in the 4th quarter. SG Americas Securities LLC now owns 6,658 shares of the financial services provider’s stock worth $144,000 after acquiring an additional 678 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of 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 worth $2,707,000 after acquiring an additional 18,154 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of West Bancorporation in the 4th quarter worth approximately $785,000. Fortress Financial Group LLC acquired a new stake in shares of West Bancorporation in the 4th quarter worth approximately $407,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of West Bancorporation in the 4th quarter worth approximately $232,000. 44.30% of the stock is owned by institutional investors and hedge funds.

West Bancorporation Trading Up 0.8%

Shares of NASDAQ:WTBA opened at $19.29 on Wednesday. The company has a 50 day moving average of $19.37 and a 200-day moving average of $21.10. The firm has a market cap of $326.44 million, a P/E ratio of 13.49 and a beta of 0.89. West Bancorporation, Inc. has a twelve month low of $16.25 and a twelve month high of $24.85. 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 (NASDAQ:WTBA) last released its earnings results on Thursday, April 24th. The financial services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.08. West Bancorporation had a net margin of 12.12% and a return on equity of 10.56%. The business had revenue of $23.10 million for the quarter, compared to the consensus estimate of $21.61 million. As a group, analysts anticipate that West Bancorporation, Inc. will post 1.65 earnings per share for the current fiscal year.

West Bancorporation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, May 7th were issued a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.18%. West Bancorporation’s payout ratio is currently 64.94%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of West Bancorporation from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th.

West Bancorporation Company 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.