WINTON GROUP Ltd Purchases 227 Shares of Westamerica Bancorporation (NASDAQ:WABC)

WINTON GROUP Ltd lifted its position in shares of Westamerica Bancorporation (NASDAQ:WABC) by 1.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 21,619 shares of the financial services provider’s stock after purchasing an additional 227 shares during the quarter. WINTON GROUP Ltd’s holdings in Westamerica Bancorporation were worth $1,134,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of WABC. Raymond James Financial Inc. bought a new stake in Westamerica Bancorporation in the 4th quarter valued at approximately $3,647,000. Vanguard Group Inc. lifted its position in shares of Westamerica Bancorporation by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 3,505,495 shares of the financial services provider’s stock worth $183,898,000 after purchasing an additional 34,762 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Westamerica Bancorporation by 68.0% during the third quarter. JPMorgan Chase & Co. now owns 81,459 shares of the financial services provider’s stock worth $4,026,000 after purchasing an additional 32,981 shares during the last quarter. Geode Capital Management LLC grew its position in Westamerica Bancorporation by 4.1% in the third quarter. Geode Capital Management LLC now owns 735,439 shares of the financial services provider’s stock valued at $36,352,000 after purchasing an additional 28,902 shares in the last quarter. Finally, Barclays PLC increased its stake in Westamerica Bancorporation by 103.8% in the 3rd quarter. Barclays PLC now owns 52,755 shares of the financial services provider’s stock valued at $2,606,000 after buying an additional 26,871 shares during the last quarter. 81.89% of the stock is currently owned by institutional investors.

Westamerica Bancorporation Trading Down 1.1 %

Westamerica Bancorporation stock opened at $50.35 on Friday. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 9.68 and a beta of 0.55. The firm has a 50-day moving average of $50.89 and a 200-day moving average of $52.03. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.27 and a quick ratio of 0.26. Westamerica Bancorporation has a one year low of $45.11 and a one year high of $59.97.

Westamerica Bancorporation (NASDAQ:WABC) last issued its quarterly earnings results on Thursday, January 16th. The financial services provider reported $1.19 EPS for the quarter, meeting the consensus estimate of $1.19. Westamerica Bancorporation had a return on equity of 16.15% and a net margin of 44.55%. During the same quarter in the previous year, the firm earned $1.48 earnings per share. On average, equities analysts expect that Westamerica Bancorporation will post 4.35 earnings per share for the current fiscal year.

Westamerica Bancorporation Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were issued a dividend of $0.44 per share. The ex-dividend date was Monday, February 3rd. This represents a $1.76 dividend on an annualized basis and a yield of 3.50%. Westamerica Bancorporation’s payout ratio is 33.85%.

Westamerica Bancorporation Company Profile

Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit.