West Bancorporation (NASDAQ:WTBA) SVP Marie I. Roberts sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $23.80, for a total value of $23,800.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

West Bancorporation (WTBA) traded down $0.05 during trading on Tuesday, reaching $24.20. The company’s stock had a trading volume of 11,600 shares, compared to its average volume of 21,302. The firm has a market capitalization of $393.23, a price-to-earnings ratio of 15.95 and a beta of 0.98. West Bancorporation has a one year low of $20.60 and a one year high of $25.40. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.82.

West Bancorporation (NASDAQ:WTBA) last released its earnings results on Thursday, October 26th. The financial services provider reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. The company had revenue of $17.30 million during the quarter. West Bancorporation had a return on equity of 14.48% and a net margin of 31.63%.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Wednesday, November 8th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, November 7th. This represents a $0.72 dividend on an annualized basis and a yield of 2.98%. West Bancorporation’s dividend payout ratio is presently 47.37%.

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Separately, BidaskClub lowered West Bancorporation from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Pacific Ridge Capital Partners LLC boosted its position in West Bancorporation by 21.0% during the second quarter. Pacific Ridge Capital Partners LLC now owns 71,490 shares of the financial services provider’s stock valued at $1,691,000 after purchasing an additional 12,390 shares during the last quarter. John W. Rosenthal Capital Management Inc. boosted its holdings in shares of West Bancorporation by 4.7% in the 2nd quarter. John W. Rosenthal Capital Management Inc. now owns 144,081 shares of the financial services provider’s stock valued at $3,408,000 after purchasing an additional 6,500 shares in the last quarter. Cornerstone Capital Management Holdings LLC. boosted its holdings in shares of West Bancorporation by 43.6% in the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 27,340 shares of the financial services provider’s stock valued at $645,000 after purchasing an additional 8,300 shares in the last quarter. LSV Asset Management boosted its holdings in shares of West Bancorporation by 10.8% in the 2nd quarter. LSV Asset Management now owns 99,326 shares of the financial services provider’s stock valued at $2,349,000 after purchasing an additional 9,705 shares in the last quarter. Finally, OxFORD Asset Management LLP acquired a new stake in shares of West Bancorporation in the 2nd quarter valued at $383,000. Institutional investors and hedge funds own 28.68% of the company’s stock.

About West Bancorporation

West Bancorporation, Inc is a bank holding company. The Company owns West Bank, which is a business-focused community bank. The Company operates in three markets, which include central Iowa; eastern Iowa, which is the area including and surrounding Iowa City and Coralville, Iowa, and the Rochester, Minnesota, area.

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