WesBanco (NASDAQ:WSBCP) Shares Up 0.1% – Here’s What Happened

WesBanco, Inc. (NASDAQ:WSBCPGet Free Report) was up 0.1% during mid-day trading on Friday . The company traded as high as $25.22 and last traded at $25.17. Approximately 1,340 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 5,969 shares. The stock had previously closed at $25.15.

WesBanco Stock Up 0.1 %

The stock’s fifty day simple moving average is $25.24 and its 200-day simple moving average is $25.16.

WesBanco Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Saturday, February 15th. Shareholders of record on Saturday, February 1st were issued a $0.4219 dividend. The ex-dividend date was Friday, January 31st. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.71%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in WesBanco stock. Wesbanco Bank Inc. increased its holdings in shares of WesBanco, Inc. (NASDAQ:WSBCPFree Report) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,906 shares of the company’s stock after purchasing an additional 400 shares during the period. Wesbanco Bank Inc.’s holdings in WesBanco were worth $826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

WesBanco Company Profile

(Get Free Report)

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.

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