Two Sigma Investments LP Trims Stock Holdings in West Bancorporation, Inc. (NASDAQ:WTBA)

Two Sigma Investments LP lowered its position in West Bancorporation, Inc. (NASDAQ:WTBA) by 23.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,377 shares of the financial services provider’s stock after selling 4,590 shares during the quarter. Two Sigma Investments LP owned approximately 0.09% of West Bancorporation worth $333,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WTBA. SG Americas Securities LLC raised its stake in shares of West Bancorporation by 11.3% during the fourth quarter. SG Americas Securities LLC now owns 6,658 shares of the financial services provider’s stock worth $144,000 after purchasing an additional 678 shares during the last quarter. First Trust Advisors LP purchased a new stake in shares of West Bancorporation during the fourth quarter worth approximately $226,000. Sequoia Financial Advisors LLC purchased a new stake in shares of West Bancorporation during the fourth quarter worth approximately $232,000. Wells Fargo & Company MN raised its stake in shares of West Bancorporation by 20.4% during the fourth quarter. Wells Fargo & Company MN now owns 12,157 shares of the financial services provider’s stock worth $263,000 after purchasing an additional 2,062 shares during the last quarter. Finally, Trexquant Investment LP purchased a new stake in shares of West Bancorporation during the fourth quarter worth approximately $356,000. Hedge funds and other institutional investors own 44.30% of the company’s stock.

West Bancorporation Price Performance

West Bancorporation stock opened at $19.77 on Wednesday. The business has a 50 day simple moving average of $19.34 and a 200-day simple moving average of $20.94. West Bancorporation, Inc. has a 12 month low of $16.25 and a 12 month high of $24.85. The stock has a market capitalization of $334.57 million, a PE ratio of 13.83 and a beta of 0.89. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.95 and a quick ratio of 0.95.

West Bancorporation (NASDAQ:WTBA) last announced its quarterly earnings data on Thursday, April 24th. The financial services provider reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.08. West Bancorporation had a return on equity of 10.56% and a net margin of 12.12%. The firm had revenue of $23.10 million for the quarter, compared to analyst estimates of $21.61 million. Equities analysts predict that West Bancorporation, Inc. will post 1.65 earnings per share for the current year.

West Bancorporation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, May 7th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 5.06%. The ex-dividend date was Wednesday, May 7th. West Bancorporation’s dividend payout ratio is presently 64.94%.

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.