LexAurum Advisors LLC Has $593,000 Position in West Bancorporation, Inc. (NASDAQ:WTBA)

LexAurum Advisors LLC decreased its position in shares of West Bancorporation, Inc. (NASDAQ:WTBA) by 10.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,386 shares of the financial services provider’s stock after selling 3,294 shares during the period. LexAurum Advisors LLC’s holdings in West Bancorporation were worth $593,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in WTBA. Mutual Advisors LLC boosted its holdings in shares of West Bancorporation by 2.6% in the 4th quarter. Mutual Advisors LLC now owns 28,176 shares of the financial services provider’s stock valued at $594,000 after purchasing an additional 713 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of West Bancorporation by 11.3% during the 4th quarter. SG Americas Securities LLC now owns 6,658 shares of the financial services provider’s stock worth $144,000 after buying an additional 678 shares during the last quarter. City State Bank boosted its stake in West Bancorporation by 6.4% in the fourth quarter. City State Bank now owns 8,354 shares of the financial services provider’s stock valued at $181,000 after buying an additional 499 shares in the last quarter. JPMorgan Chase & Co. grew its position in West Bancorporation by 267.5% in the third quarter. JPMorgan Chase & Co. now owns 25,946 shares of the financial services provider’s stock valued at $493,000 after acquiring an additional 18,885 shares during the last quarter. Finally, Barclays PLC raised its stake in West Bancorporation by 291.2% during the third quarter. Barclays PLC now owns 20,977 shares of the financial services provider’s stock worth $398,000 after acquiring an additional 15,615 shares in the last quarter. 44.30% of the stock is owned by institutional investors.

Analyst Ratings Changes

WTBA has been the topic of a number of research analyst reports. Piper Sandler raised their price target on shares of West Bancorporation from $21.00 to $23.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. StockNews.com raised shares of West Bancorporation from a “sell” rating to a “hold” rating in a research note on Monday, October 28th.

Insider Buying and Selling

In other news, Director Douglas R. Gulling sold 4,000 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $23.61, for a total transaction of $94,440.00. Following the completion of the transaction, the director now owns 80,709 shares of the company’s stock, valued at approximately $1,905,539.49. This trade represents a 4.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 4.48% of the stock is owned by corporate insiders.

West Bancorporation Trading Down 0.2 %

Shares of WTBA stock opened at $21.23 on Friday. West Bancorporation, Inc. has a twelve month low of $15.80 and a twelve month high of $24.85. The stock’s fifty day simple moving average is $22.56 and its 200 day simple moving average is $20.79. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.86. The firm has a market capitalization of $357.30 million, a P/E ratio of 16.59 and a beta of 0.98.

West Bancorporation (NASDAQ:WTBA) last announced its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. West Bancorporation had a return on equity of 9.46% and a net margin of 11.17%. During the same quarter last year, the business earned $0.27 EPS. As a group, sell-side analysts predict that West Bancorporation, Inc. will post 1.4 EPS for the current fiscal year.

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.