November 23, 2016 - By Clifton Ray
The SVP – CONTROLLER AND CAO of West Bancorporation Inc, Marie Roberts, has just unloaded – 650 shares of the corporation she’s managing and supervising – coming to a cumulative sell value of $15,243 U.S Dollars (this based on share price of $23.5). The chance of this transaction staying undiscovered is very low as it’s new, with the SVP – CONTROLLER AND CAO now having rights to 20,418 shares – that is 0.13% of the company’s stock market cap.
Insitutional Activity: The institutional sentiment increased to 2.82 in Q2 2016. Its up 1.91, from 0.91 in 2016Q1. The ratio is positive, as 3 funds sold all West Bancorporation, Inc. shares owned while 19 reduced positions. 1 funds bought stakes while 19 increased positions. They now own 3.98 million shares or 0.62% less from 4.01 million shares in 2016Q1.
Blackrock Institutional Na holds 0% of its portfolio in West Bancorporation, Inc. (NASDAQ:WTBA) for 161,393 shares. Bnp Paribas Arbitrage has 0% invested in the company for 617 shares. Wedge Cap L Ltd Partnership Nc owns 25,914 shares or 0.01% of their US portfolio. State Street Corporation owns 243,498 shares or 0% of their US portfolio. American Int Group has 9,137 shares for 0% of their US portfolio. Bridgeway Cap Mngmt Inc holds 0.01% or 27,100 shares in its portfolio. First Quadrant L P Ca last reported 6,900 shares in the company. Nationwide Fund accumulated 0% or 19,630 shares. Banc Funds Ltd last reported 0.25% of its portfolio in the stock. Teachers Advsrs Incorporated has 0% invested in the company for 23,830 shares. California Pub Employees Retirement Systems accumulated 47,100 shares or 0% of the stock. Brandywine Glob Inv Mngmt Ltd Limited Liability Company reported 5,700 shares or 0% of all its holdings. Lsv Asset Mgmt holds 94,426 shares or 0% of its portfolio. Goldman Sachs Grp Incorporated last reported 21,019 shares in the company. Deutsche Bancorporation Ag reported 20,835 shares or 0% of all its holdings.
Insider Transactions: Since November 16, 2016, the stock had 0 buys, and 2 selling transactions for $114,934 net activity. $57,741 worth of West Bancorporation, Inc. (NASDAQ:WTBA) was sold by OLAFSON HARLEE on Monday, November 21. Another trade for 2,500 shares valued at $57,193 was made by GERDIN MICHAEL J on Wednesday, November 16.
The stock decreased 0.85% or $0.2 during the last trading session, hitting $23.35. About 26,607 shares traded hands or 27.73% up from the average. West Bancorporation, Inc. (NASDAQ:WTBA) has risen 27.71% since April 21, 2016 and is uptrending. It has outperformed by 22.38% the S&P500.
West Bancorporation, Inc. is a bank holding firm of West Bank, which is a business-focused community bank. The company has a market cap of $375.23 million. It operates through banking segment. It has a 16.44 P/E ratio. The Firm operates in approximately three markets, which include central Iowa; eastern Iowa, which is the area including and surrounding Iowa City and Coralville, Iowa, and the Rochester, Minnesota, area.
According to Zacks Investment Research, “WEST BANCORP has focused on providing community-oriented personal and commercial banking services. They provide full service to small and medium size businesses, individuals, schools, organizations and local government. West Bank is known for sticking to the basics in banking. They focus on traditional services like loans and deposit accounts for business and individuals. Unlike most banks, West Bank has held the line on service charge increases.”
Analysts await West Bancorporation, Inc. (NASDAQ:WTBA) to report earnings on January, 26.
More news for West Bancorporation, Inc. (NASDAQ:WTBA) were recently published by: Globenewswire.com, which released: “West Bancorporation, Inc. Announces Record Third Quarter Net Income, Declares ..” on October 27, 2016. Reuters.com‘s article titled: “BRIEF-West Bancorporation Inc reports Q3 EPS of $0.36” and published on October 27, 2016 is yet another important article.
West Bancorporation, Inc., incorporated on August 3, 1938, is a bank holding company. The Firm owns West Bank, which is a business-focused community bank. It operates through banking segment. The Firm operates in approximately three markets, which include central Iowa; eastern Iowa, which is the area including and surrounding Iowa City and Coralville, Iowa, and the Rochester, Minnesota, area. West Bank has approximately 10 offices in the Des Moines area, one office in Iowa City, one office in Coralville and one office in Rochester, Minnesota. West Bank offers all basic types of credit to its customers, including commercial, real estate and consumer loans. West Bank offers trust services, including the administration of estates, conservatorships, personal trusts and agency accounts. West Bank offers a range of deposit services, including checking, savings, money market accounts and time certificates of deposit. In addition, West Bank also offers Internet, mobile banking and treasury management services. Treasury management services offered to business clients include cash management, client-generated automated clearing house transactions, remote deposit and fraud protection services. It also offers merchant credit card processing and corporate credit cards.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Clifton Ray