SG Americas Securities LLC Buys 678 Shares of West Bancorporation, Inc. (NASDAQ:WTBA)

SG Americas Securities LLC raised its position in West Bancorporation, Inc. (NASDAQ:WTBA) by 11.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,658 shares of the financial services provider’s stock after purchasing an additional 678 shares during the period. SG Americas Securities LLC’s holdings in West Bancorporation were worth $144,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. City State Bank grew its stake in shares of West Bancorporation by 6.4% during the 4th quarter. City State Bank now owns 8,354 shares of the financial services provider’s stock worth $181,000 after acquiring an additional 499 shares in the last quarter. Barclays PLC raised its position in shares of West Bancorporation by 291.2% in the third quarter. Barclays PLC now owns 20,977 shares of the financial services provider’s stock valued at $398,000 after purchasing an additional 15,615 shares during the period. JPMorgan Chase & Co. grew its stake in West Bancorporation by 267.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 25,946 shares of the financial services provider’s stock valued at $493,000 after buying an additional 18,885 shares during the last quarter. De Lisle Partners LLP raised its holdings in West Bancorporation by 27.3% in the 3rd quarter. De Lisle Partners LLP now owns 32,156 shares of the financial services provider’s stock valued at $612,000 after acquiring an additional 6,893 shares during the period. Finally, Aptus Capital Advisors LLC grew its position in shares of West Bancorporation by 15.6% in the third quarter. Aptus Capital Advisors LLC now owns 230,629 shares of the financial services provider’s stock valued at $4,384,000 after purchasing an additional 31,194 shares during the last quarter. Institutional investors and hedge funds own 44.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WTBA. StockNews.com raised shares of West Bancorporation from a “sell” rating to a “hold” rating in a report on Thursday, February 6th. Piper Sandler decreased their target price on shares of West Bancorporation from $25.00 to $23.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th.

West Bancorporation Price Performance

WTBA opened at $22.10 on Tuesday. West Bancorporation, Inc. has a 1 year low of $15.80 and a 1 year high of $24.85. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market capitalization of $372.01 million, a price-to-earnings ratio of 15.45 and a beta of 0.97. The firm’s fifty day moving average price is $22.08 and its two-hundred day moving average price is $20.98.

West Bancorporation (NASDAQ:WTBA) last released its earnings results on Thursday, January 23rd. The financial services provider reported $0.42 earnings per share 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 previous year, the business earned $0.27 EPS. As a group, analysts anticipate that West Bancorporation, Inc. will post 1.65 earnings per share for the current fiscal year.

West Bancorporation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, February 5th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 4.52%. The ex-dividend date is Wednesday, February 5th. West Bancorporation’s dividend payout ratio (DPR) is presently 69.93%.

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.