Marie I. Roberts Sells 1,000 Shares of West Bancorporation (WTBA) Stock

West Bancorporation (NASDAQ:WTBA) SVP Marie I. Roberts sold 1,000 shares of West Bancorporation stock in a transaction dated 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 document filed with the Securities & Exchange Commission, which can be accessed through this link.

West Bancorporation (NASDAQ:WTBA) traded up $0.25 during midday trading on Thursday, reaching $24.65. The company’s stock had a trading volume of 25,344 shares, compared to its average volume of 21,284. The firm has a market cap of $398.10, a P/E ratio of 16.15 and a beta of 0.98. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.87 and a current ratio of 0.87. West Bancorporation has a 52 week low of $20.60 and a 52 week high of $25.40.

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, beating the consensus estimate 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. Stockholders of record on Wednesday, November 8th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Tuesday, November 7th. West Bancorporation’s dividend payout ratio is presently 47.37%.

TRADEMARK VIOLATION NOTICE: “Marie I. Roberts Sells 1,000 Shares of West Bancorporation (WTBA) Stock” was originally published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of international trademark & copyright law. The correct version of this news story can be read at https://stocknewstimes.com/2017/11/16/marie-i-roberts-sells-1000-shares-of-west-bancorporation-wtba-stock.html.

Several institutional investors have recently made changes to their positions in WTBA. Wells Fargo & Company MN grew its position in shares of West Bancorporation by 2.0% during the second quarter. Wells Fargo & Company MN now owns 10,660 shares of the financial services provider’s stock worth $252,000 after buying an additional 213 shares in the last quarter. Alliancebernstein L.P. acquired a new position in shares of West Bancorporation during the second quarter worth about $376,000. New York State Common Retirement Fund grew its position in shares of West Bancorporation by 9.6% during the second quarter. New York State Common Retirement Fund now owns 16,000 shares of the financial services provider’s stock worth $378,000 after buying an additional 1,399 shares in the last quarter. OxFORD Asset Management LLP acquired a new position in shares of West Bancorporation during the second quarter worth about $383,000. Finally, Nationwide Fund Advisors grew its position in shares of West Bancorporation by 10.1% during the second quarter. Nationwide Fund Advisors now owns 17,445 shares of the financial services provider’s stock worth $413,000 after buying an additional 1,600 shares in the last quarter. 28.68% of the stock is owned by institutional investors and hedge funds.

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

West Bancorporation Company Profile

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.

Receive News & Ratings for West Bancorporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for West Bancorporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply