West Bancorporation (NASDAQ:WTBA) Shares Cross Below Two Hundred Day Moving Average of $18.01

West Bancorporation, Inc. (NASDAQ:WTBA) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $18.01 and traded as low as $17.23. West Bancorporation shares last traded at $17.58, with a volume of 30,210 shares.

West Bancorporation Stock Performance

The company has a market capitalization of $295.52 million, a price-to-earnings ratio of 13.32 and a beta of 0.98. The stock has a fifty day moving average price of $17.13 and a two-hundred day moving average price of $18.01. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.97.

West Bancorporation (NASDAQ:WTBA) last released its earnings results on Thursday, April 25th. The financial services provider reported $0.35 EPS for the quarter, beating the consensus estimate of $0.27 by $0.08. The firm had revenue of $19.05 million during the quarter, compared to analyst estimates of $18.89 million. West Bancorporation had a return on equity of 10.16% and a net margin of 12.48%. As a group, analysts forecast that West Bancorporation, Inc. will post 1.3 EPS for the current fiscal year.

West Bancorporation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 22nd. Investors of record on Wednesday, May 8th were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $1.00 annualized dividend and a yield of 5.69%. West Bancorporation’s payout ratio is currently 75.76%.

Hedge Funds Weigh In On West Bancorporation

Several institutional investors have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD increased its stake in West Bancorporation by 1.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 41,994 shares of the financial services provider’s stock worth $749,000 after acquiring an additional 647 shares during the last quarter. LexAurum Advisors LLC increased its stake in West Bancorporation by 3.2% during the first quarter. LexAurum Advisors LLC now owns 28,478 shares of the financial services provider’s stock worth $508,000 after acquiring an additional 894 shares during the last quarter. SG Americas Securities LLC increased its stake in West Bancorporation by 18.8% during the fourth quarter. SG Americas Securities LLC now owns 8,829 shares of the financial services provider’s stock worth $187,000 after acquiring an additional 1,397 shares during the last quarter. BNP Paribas Financial Markets increased its stake in West Bancorporation by 87.2% during the first quarter. BNP Paribas Financial Markets now owns 8,240 shares of the financial services provider’s stock worth $147,000 after acquiring an additional 3,839 shares during the last quarter. Finally, Independent Wealth Network Inc. acquired a new stake in West Bancorporation during the first quarter worth about $182,000. 44.30% of the stock is currently owned by institutional investors and hedge funds.

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.