West Bancorporation (NASDAQ:WTBA) Shares Cross Below 200 Day Moving Average of $18.01

West Bancorporation, Inc. (NASDAQ:WTBA) crossed below its 200-day moving average during trading on Monday . The stock has a 200-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 changing hands.

West Bancorporation Price Performance

The firm has a fifty day moving average of $17.16 and a two-hundred day moving average of $17.98. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.97. The company has a market capitalization of $290.48 million, a PE ratio of 13.09 and a beta of 0.98.

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

West Bancorporation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 8th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 5.79%. The ex-dividend date was Tuesday, May 7th. West Bancorporation’s dividend payout ratio (DPR) is presently 75.76%.

Institutional Trading of West Bancorporation

Institutional investors have recently modified their holdings of the company. West Bancorporation Inc. increased its holdings in West Bancorporation by 4.6% during the 4th quarter. West Bancorporation Inc. now owns 445,347 shares of the financial services provider’s stock valued at $9,441,000 after purchasing an additional 19,585 shares during the period. SG Americas Securities LLC grew its position in shares of West Bancorporation by 18.8% in the 4th quarter. SG Americas Securities LLC now owns 8,829 shares of the financial services provider’s stock worth $187,000 after buying an additional 1,397 shares during the last quarter. LexAurum Advisors LLC increased its stake in shares of West Bancorporation by 3.2% during the first quarter. LexAurum Advisors LLC now owns 28,478 shares of the financial services provider’s stock valued at $508,000 after buying an additional 894 shares during the period. Vanguard Group Inc. raised its holdings in shares of West Bancorporation by 3.0% during the first quarter. Vanguard Group Inc. now owns 733,742 shares of the financial services provider’s stock valued at $13,083,000 after acquiring an additional 21,604 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in West Bancorporation by 1.6% in 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 period. 44.30% of the stock is currently owned by hedge funds and other institutional investors.

About West Bancorporation

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.