Great Western Bancorp Inc (NYSE:GWB) – Stock analysts at B. Riley increased their FY2019 EPS estimates for Great Western Bancorp in a research report issued on Thursday. B. Riley analyst S. Moss now expects that the bank will earn $3.20 per share for the year, up from their previous estimate of $2.75. B. Riley currently has a “Neutral” rating and a $44.00 price objective on the stock.

GWB has been the subject of several other research reports. Deutsche Bank lifted their target price on Great Western Bancorp from $43.00 to $44.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Zacks Investment Research upgraded Great Western Bancorp from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research report on Wednesday, January 3rd. ValuEngine lowered Great Western Bancorp from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $46.00 target price on shares of Great Western Bancorp in a research report on Thursday, September 28th. Finally, FBR & Co lowered Great Western Bancorp from a “buy” rating to a “neutral” rating and set a $44.00 target price for the company. in a research report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $45.40.

Shares of Great Western Bancorp (NYSE GWB) traded up $0.11 on Monday, hitting $42.98. The stock had a trading volume of 208,600 shares, compared to its average volume of 263,367. The firm has a market cap of $2,531.36, a price-to-earnings ratio of 17.47, a price-to-earnings-growth ratio of 1.42 and a beta of 1.69. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.43. Great Western Bancorp has a one year low of $33.27 and a one year high of $45.62.

Great Western Bancorp (NYSE:GWB) last issued its earnings results on Thursday, October 26th. The bank reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. The company had revenue of $116.50 million during the quarter, compared to analyst estimates of $117.75 million. Great Western Bancorp had a return on equity of 8.45% and a net margin of 29.09%. During the same quarter last year, the firm earned $0.57 EPS.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Great Western Bancorp by 9.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,668 shares of the bank’s stock worth $109,000 after purchasing an additional 223 shares during the last quarter. Flinton Capital Management LLC lifted its holdings in shares of Great Western Bancorp by 85.4% in the 2nd quarter. Flinton Capital Management LLC now owns 3,056 shares of the bank’s stock worth $125,000 after purchasing an additional 1,408 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Great Western Bancorp by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 3,945 shares of the bank’s stock worth $161,000 after purchasing an additional 591 shares during the last quarter. Riverhead Capital Management LLC lifted its holdings in shares of Great Western Bancorp by 85.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,830 shares of the bank’s stock worth $197,000 after purchasing an additional 2,230 shares during the last quarter. Finally, Shelton Capital Management bought a new stake in shares of Great Western Bancorp in the 2nd quarter worth approximately $238,000.

In related news, insider Kenneth James Karels sold 2,633 shares of the firm’s stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $41.18, for a total value of $108,426.94. Following the sale, the insider now owns 68,335 shares of the company’s stock, valued at approximately $2,814,035.30. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Peter Robert Chapman sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $42.07, for a total value of $210,350.00. Following the completion of the sale, the chief financial officer now directly owns 22,969 shares in the company, valued at approximately $966,305.83. The disclosure for this sale can be found here. In the last three months, insiders sold 43,225 shares of company stock worth $1,787,517. Company insiders own 0.33% of the company’s stock.

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About Great Western Bancorp

Great Western Bancorp, Inc is a full-service regional bank holding company. The Company is the holding company of the Great Western Bank (the Bank). As of September 30, 2016, the Company served customers through 173 branches in various markets in Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota.

Earnings History and Estimates for Great Western Bancorp (NYSE:GWB)

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