West Bancorporation (NASDAQ:WTBA) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Friday.

Other research analysts have also issued research reports about the stock. BidaskClub upgraded shares of West Bancorporation from a “hold” rating to a “buy” rating in a report on Tuesday, February 5th. Zacks Investment Research upgraded shares of West Bancorporation from a “sell” rating to a “hold” rating in a report on Thursday, December 27th.

NASDAQ WTBA opened at $21.47 on Friday. West Bancorporation has a one year low of $18.06 and a one year high of $26.95. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.92 and a current ratio of 0.92. The company has a market capitalization of $349.85 million, a P/E ratio of 12.41 and a beta of 0.84.

West Bancorporation (NASDAQ:WTBA) last posted its quarterly earnings results on Thursday, January 24th. The financial services provider reported $0.44 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.02. West Bancorporation had a net margin of 30.80% and a return on equity of 15.49%. The firm had revenue of $17.36 million for the quarter, compared to analyst estimates of $17.43 million. Equities research analysts predict that West Bancorporation will post 1.71 EPS for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Northern Trust Corp raised its stake in shares of West Bancorporation by 0.4% during the fourth quarter. Northern Trust Corp now owns 189,568 shares of the financial services provider’s stock valued at $3,618,000 after purchasing an additional 691 shares during the period. Citigroup Inc. raised its stake in shares of West Bancorporation by 18.1% during the fourth quarter. Citigroup Inc. now owns 5,083 shares of the financial services provider’s stock valued at $97,000 after purchasing an additional 778 shares during the period. Ramsey Quantitative Systems raised its stake in shares of West Bancorporation by 16.0% during the fourth quarter. Ramsey Quantitative Systems now owns 6,800 shares of the financial services provider’s stock valued at $130,000 after purchasing an additional 937 shares during the period. California Public Employees Retirement System raised its stake in shares of West Bancorporation by 2.8% during the fourth quarter. California Public Employees Retirement System now owns 55,920 shares of the financial services provider’s stock valued at $1,068,000 after purchasing an additional 1,523 shares during the period. Finally, Opus Capital Group LLC raised its stake in shares of West Bancorporation by 12.5% during the fourth quarter. Opus Capital Group LLC now owns 22,441 shares of the financial services provider’s stock valued at $429,000 after purchasing an additional 2,500 shares during the period. Institutional investors own 37.12% of the company’s stock.

About West Bancorporation

West Bancorporation, Inc operates as the holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It offers various deposit products, including checking, savings, and money market accounts, as well as time certificates of deposit.

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