WesBanco (NASDAQ:WSBCP) Shares Up 0% – What’s Next?

WesBanco, Inc. (NASDAQ:WSBCP) shares shot up 0% on Friday . The stock traded as high as $25.30 and last traded at $25.29. 8,659 shares changed hands during trading, a decline of 26% from the average session volume of 11,724 shares. The stock had previously closed at $25.28.

WesBanco Stock Up 0.0 %

The stock’s fifty day simple moving average is $25.21 and its 200-day simple moving average is $25.08.

WesBanco Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, February 15th. Investors of record on Saturday, February 1st will be paid a dividend of $0.4219 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $1.69 dividend on an annualized basis and a yield of 6.67%.

Hedge Funds Weigh In On WesBanco

A hedge fund recently raised its stake in WesBanco stock. Wesbanco Bank Inc. grew its holdings in shares of WesBanco, Inc. (NASDAQ:WSBCP) by 2.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 32,506 shares of the company’s stock after purchasing an additional 700 shares during the period. Wesbanco Bank Inc.’s holdings in WesBanco were worth $813,000 at the end of the most recent reporting period.

About WesBanco

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.