Dimensional Fund Advisors LP Boosts Stock Holdings in West Bancorporation, Inc. (NASDAQ:WTBA)

Dimensional Fund Advisors LP raised its stake in shares of West Bancorporation, Inc. (NASDAQ:WTBA) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 753,234 shares of the financial services provider’s stock after purchasing an additional 8,672 shares during the period. Dimensional Fund Advisors LP owned 4.62% of West Bancorporation worth $14,380,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of WTBA. Rhumbline Advisers boosted its holdings in shares of West Bancorporation by 43.6% during the 4th quarter. Rhumbline Advisers now owns 21,927 shares of the financial services provider’s stock worth $419,000 after purchasing an additional 6,655 shares during the last quarter. Ramsey Quantitative Systems boosted its holdings in shares of West Bancorporation by 16.0% during the 4th quarter. Ramsey Quantitative Systems now owns 6,800 shares of the financial services provider’s stock worth $130,000 after purchasing an additional 937 shares during the last quarter. Opus Capital Group LLC boosted its holdings in shares of West Bancorporation by 12.5% during the 4th quarter. Opus Capital Group LLC now owns 22,441 shares of the financial services provider’s stock worth $429,000 after purchasing an additional 2,500 shares during the last quarter. California Public Employees Retirement System boosted its holdings in shares of West Bancorporation by 2.8% during the 4th quarter. California Public Employees Retirement System now owns 55,920 shares of the financial services provider’s stock worth $1,068,000 after purchasing an additional 1,523 shares during the last quarter. Finally, BlackRock Inc. boosted its holdings in shares of West Bancorporation by 6.5% during the 4th quarter. BlackRock Inc. now owns 964,526 shares of the financial services provider’s stock worth $18,413,000 after purchasing an additional 59,208 shares during the last quarter. Institutional investors and hedge funds own 37.29% of the company’s stock.

WTBA traded up $0.39 during trading hours on Monday, reaching $21.61. The company’s stock had a trading volume of 18,401 shares, compared to its average volume of 28,876. West Bancorporation, Inc. has a fifty-two week low of $18.06 and a fifty-two week high of $26.51. The stock has a market cap of $347.11 million, a PE ratio of 12.49 and a beta of 0.72. The business has a 50-day moving average of $21.22. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.88.

West Bancorporation (NASDAQ:WTBA) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). The business had revenue of $18.01 million during the quarter. West Bancorporation had a net margin of 28.99% and a return on equity of 14.86%.

WTBA has been the topic of several recent research reports. ValuEngine upgraded West Bancorporation from a “sell” rating to a “hold” rating in a report on Friday, May 24th. BidaskClub cut West Bancorporation from a “hold” rating to a “sell” rating in a report on Wednesday, March 13th.

In related news, Director Therese M. Vaughan acquired 1,200 shares of the business’s stock in a transaction dated Thursday, May 23rd. The shares were acquired at an average price of $21.40 per share, with a total value of $25,680.00. Following the completion of the transaction, the director now owns 4,218 shares of the company’s stock, valued at $90,265.20. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director George D. Milligan acquired 5,000 shares of the business’s stock in a transaction dated Wednesday, May 8th. The shares were bought at an average cost of $21.29 per share, for a total transaction of $106,450.00. Following the transaction, the director now directly owns 27,088 shares of the company’s stock, valued at approximately $576,703.52. The disclosure for this purchase can be found here. In the last three months, insiders acquired 14,597 shares of company stock worth $305,612. 3.08% of the stock is owned by corporate insiders.

West Bancorporation Company Profile

West Bancorporation, Inc operates as the financial holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It offers various deposit products, including checking, savings, and money market accounts, as well as time certificates of deposit.

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Institutional Ownership by Quarter for West Bancorporation (NASDAQ:WTBA)

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