West Bancorporation (NASDAQ:WTBA) Stock Price Crosses Below Two Hundred Day Moving Average of $18.01

West Bancorporation, Inc. (NASDAQ:WTBA)’s share price passed 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.

West Bancorporation Price Performance

The firm has a market capitalization of $290.48 million, a P/E ratio of 13.09 and a beta of 0.98. The company has a fifty day moving average of $17.16 and a 200 day moving average of $17.98. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.94 and a quick ratio of 0.94.

West Bancorporation (NASDAQ:WTBA) last posted its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.08. West Bancorporation had a net margin of 12.48% and a return on equity of 10.16%. The company had revenue of $19.05 million for the quarter, compared to analyst estimates of $18.89 million. Sell-side analysts predict that West Bancorporation, Inc. will post 1.3 earnings per share for the current year.

West Bancorporation Announces Dividend

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in WTBA. Vanguard Group Inc. lifted its stake in West Bancorporation by 3.0% in the first quarter. Vanguard Group Inc. now owns 733,742 shares of the financial services provider’s stock valued at $13,083,000 after buying an additional 21,604 shares during the period. West Bancorporation Inc. boosted its stake in West Bancorporation by 4.6% during the fourth quarter. West Bancorporation Inc. now owns 445,347 shares of the financial services provider’s stock worth $9,441,000 after acquiring an additional 19,585 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in West Bancorporation by 1.6% during 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 in the last quarter. LexAurum Advisors LLC grew its holdings in West Bancorporation by 3.2% in the first quarter. LexAurum Advisors LLC now owns 28,478 shares of the financial services provider’s stock worth $508,000 after purchasing an additional 894 shares during the period. Finally, Quadrature Capital Ltd bought a new stake in West Bancorporation in the first quarter valued at $196,000. 44.30% of the stock is owned by institutional investors and hedge funds.

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.