WesBanco (NASDAQ:WSBCP) Trading Up 0% – Time to Buy?

WesBanco, Inc. (NASDAQ:WSBCP) shares were up 0% during mid-day trading on Friday . The stock traded as high as $25.30 and last traded at $25.29. Approximately 8,659 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 11,724 shares. The stock had previously closed at $25.28.

WesBanco Stock Up 0.0 %

The business has a fifty day simple moving average of $25.21 and a 200 day simple moving average of $25.08.

WesBanco Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Saturday, February 15th. Investors of record on Saturday, February 1st will be paid a $0.4219 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $1.69 annualized dividend and a dividend yield of 6.67%.

Institutional Trading of WesBanco

A hedge fund recently raised its stake in WesBanco stock. Wesbanco Bank Inc. increased its holdings in WesBanco, Inc. (NASDAQ:WSBCP) by 2.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,506 shares of the company’s stock after buying an additional 700 shares during the period. Wesbanco Bank Inc.’s holdings in WesBanco were worth $813,000 as of its most recent filing with the Securities and Exchange Commission.

WesBanco Company Profile

WesBanco, Inc operates as the bank holding company for WesBanco Bank, Inc that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. The company operates through two segments, Community Banking, and Trust and Investment Services.