West Bancorporation, Inc. (NASDAQ:WTBA) Shares Sold by Squarepoint Ops LLC

Squarepoint Ops LLC reduced its position in shares of West Bancorporation, Inc. (NASDAQ:WTBA) by 7.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,167 shares of the financial services provider’s stock after selling 1,294 shares during the period. Squarepoint Ops LLC owned about 0.10% of West Bancorporation worth $307,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its position in West Bancorporation by 87.2% in the 1st quarter. BNP Paribas Financial Markets now owns 8,240 shares of the financial services provider’s stock valued at $147,000 after buying an additional 3,839 shares during the last quarter. Independent Wealth Network Inc. purchased a new position in West Bancorporation in the first quarter valued at about $182,000. Quadrature Capital Ltd acquired a new stake in West Bancorporation during the 1st quarter valued at approximately $196,000. Choreo LLC purchased a new stake in West Bancorporation during the 2nd quarter worth approximately $267,000. Finally, LexAurum Advisors LLC raised its position in shares of West Bancorporation by 3.2% in the 1st quarter. LexAurum Advisors LLC now owns 28,478 shares of the financial services provider’s stock valued at $508,000 after purchasing an additional 894 shares in the last quarter. 44.30% of the stock is owned by institutional investors and hedge funds.

West Bancorporation Stock Up 4.8 %

WTBA stock opened at $19.38 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.97. The firm has a 50 day simple moving average of $18.92 and a 200-day simple moving average of $18.08. The company has a market capitalization of $326.17 million, a P/E ratio of 15.14 and a beta of 0.98. West Bancorporation, Inc. has a twelve month low of $15.25 and a twelve month high of $22.39.

West Bancorporation (NASDAQ:WTBA) last issued its quarterly earnings results on Thursday, July 25th. The financial services provider reported $0.31 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.01). The company had revenue of $49.91 million for the quarter, compared to the consensus estimate of $19.29 million. West Bancorporation had a return on equity of 9.78% and a net margin of 11.57%. During the same period in the previous year, the business posted $0.35 EPS. On average, equities research analysts predict that West Bancorporation, Inc. will post 1.3 earnings per share for the current fiscal year.

West Bancorporation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th were paid a dividend of $0.25 per share. The ex-dividend date was Wednesday, August 7th. This represents a $1.00 annualized dividend and a yield of 5.16%. West Bancorporation’s payout ratio is 78.13%.

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.