GAMMA Investing LLC Has $274,000 Stake in West Bancorporation, Inc. (NASDAQ:WTBA)

GAMMA Investing LLC raised its holdings in shares of West Bancorporation, Inc. (NASDAQ:WTBA - Free Report) by 4,644.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,759 shares of the financial services provider's stock after purchasing an additional 13,469 shares during the period. GAMMA Investing LLC owned 0.08% of West Bancorporation worth $274,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of WTBA. Price T Rowe Associates Inc. MD lifted its holdings in West Bancorporation by 2.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 33,928 shares of the financial services provider's stock valued at $735,000 after buying an additional 805 shares during the period. Wells Fargo & Company MN grew its holdings in West Bancorporation by 20.4% during the 4th quarter. Wells Fargo & Company MN now owns 12,157 shares of the financial services provider's stock worth $263,000 after acquiring an additional 2,062 shares during the period. Deutsche Bank AG raised its position in shares of West Bancorporation by 15.6% during the 4th quarter. Deutsche Bank AG now owns 17,236 shares of the financial services provider's stock valued at $373,000 after acquiring an additional 2,322 shares during the last quarter. Northern Trust Corp lifted its stake in shares of West Bancorporation by 2.0% in the 4th quarter. Northern Trust Corp now owns 134,904 shares of the financial services provider's stock valued at $2,921,000 after purchasing an additional 2,621 shares during the period. Finally, Barclays PLC lifted its stake in shares of West Bancorporation by 15.6% in the 4th quarter. Barclays PLC now owns 24,256 shares of the financial services provider's stock valued at $525,000 after purchasing an additional 3,279 shares during the period. Institutional investors own 44.30% of the company's stock.

West Bancorporation Trading Down 0.9%

Shares of West Bancorporation stock traded down $0.17 during trading on Wednesday, reaching $19.36. 17,234 shares of the company were exchanged, compared to its average volume of 30,049. West Bancorporation, Inc. has a twelve month low of $16.36 and a twelve month high of $24.85. The business has a 50-day moving average price of $19.41 and a 200-day moving average price of $20.61. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.65. The firm has a market capitalization of $327.57 million, a price-to-earnings ratio of 12.57 and a beta of 0.89.

West Bancorporation (NASDAQ:WTBA - Get Free Report) last posted its earnings results on Thursday, April 24th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.08. The company had revenue of $23.10 million during the quarter, compared to analyst estimates of $21.61 million. West Bancorporation had a return on equity of 11.28% and a net margin of 13.04%. Sell-side analysts anticipate that West Bancorporation, Inc. will post 1.65 EPS for the current fiscal year.

West Bancorporation Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, May 7th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 5.17%. The ex-dividend date was Wednesday, May 7th. West Bancorporation's payout ratio is presently 64.94%.

West Bancorporation Profile

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.