Advisors Asset Management Inc. trimmed its position in West Co. (NASDAQ:WSTC) by 26.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,017 shares of the technology company’s stock after selling 6,039 shares during the period. Advisors Asset Management Inc.’s holdings in West were worth $399,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in shares of West by 37.0% in the second quarter. JPMorgan Chase & Co. now owns 2,240,742 shares of the technology company’s stock valued at $52,254,000 after purchasing an additional 605,700 shares in the last quarter. CNH Partners LLC bought a new stake in West during the second quarter worth about $52,212,000. Alpine Associates Management Inc. bought a new stake in West during the second quarter worth about $48,669,000. Dimensional Fund Advisors LP raised its holdings in West by 2.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,395,819 shares of the technology company’s stock worth $32,551,000 after acquiring an additional 38,686 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in West during the second quarter worth about $25,485,000. Institutional investors own 67.38% of the company’s stock.
Shares of West Co. (NASDAQ WSTC) opened at $23.50 on Wednesday. West Co. has a twelve month low of $19.64 and a twelve month high of $28.57. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of -9.44.
West Company Profile
West Corporation is a provider of communication and network infrastructure services. The Company helps its clients communicate, collaborate and connect with their audiences through a portfolio of solutions that include unified communications services, safety services, and interactive services, such as automated notifications, specialized agent services and telecom services.
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