Capital World Investors held its position in shares of Great Western Bancorp, Inc. (NYSE:GWB) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,805,000 shares of the bank’s stock at the close of the second quarter. Capital World Investors owned 3.07% of Great Western Bancorp worth $73,662,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. BlackRock Inc. grew its holdings in shares of Great Western Bancorp by 49,025.7% during the 1st quarter. BlackRock Inc. now owns 7,204,279 shares of the bank’s stock valued at $305,533,000 after purchasing an additional 7,189,614 shares during the last quarter. Macquarie Group Ltd. grew its holdings in shares of Great Western Bancorp by 7.4% during the 1st quarter. Macquarie Group Ltd. now owns 2,915,520 shares of the bank’s stock valued at $123,647,000 after purchasing an additional 200,195 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Great Western Bancorp by 28.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,584,887 shares of the bank’s stock valued at $105,490,000 after purchasing an additional 565,508 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Great Western Bancorp by 6.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,445,666 shares of the bank’s stock valued at $99,807,000 after purchasing an additional 147,426 shares during the last quarter. Finally, State Street Corp grew its holdings in Great Western Bancorp by 6.1% in the 1st quarter. State Street Corp now owns 2,439,694 shares of the bank’s stock worth $103,468,000 after acquiring an additional 139,616 shares during the last quarter.

In other Great Western Bancorp news, insider Bryan Leighton Kindopp sold 1,304 shares of the business’s stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $40.21, for a total transaction of $52,433.84. Following the transaction, the insider now owns 4,217 shares in the company, valued at $169,565.57. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Stephen John Ulenberg sold 5,397 shares of the business’s stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $40.22, for a total transaction of $217,067.34. Following the transaction, the executive vice president now owns 20,505 shares in the company, valued at approximately $824,711.10. The disclosure for this sale can be found here. Insiders have sold 25,707 shares of company stock worth $1,027,203 in the last quarter. Company insiders own 0.23% of the company’s stock.

GWB has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Great Western Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, July 18th. Royal Bank Of Canada reissued a “buy” rating and issued a $46.00 price target on shares of Great Western Bancorp in a report on Friday, September 8th. BidaskClub raised shares of Great Western Bancorp from a “sell” rating to a “hold” rating in a report on Friday, June 30th. TheStreet lowered shares of Great Western Bancorp from a “b” rating to a “c” rating in a report on Thursday, September 7th. Finally, Stephens set a $46.00 price target on shares of Great Western Bancorp and gave the stock a “buy” rating in a report on Friday, July 28th. One analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $45.25.

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Shares of Great Western Bancorp, Inc. (NYSE GWB) opened at 40.23 on Friday. Great Western Bancorp, Inc. has a one year low of $31.51 and a one year high of $45.62. The firm has a 50-day moving average of $37.34 and a 200-day moving average of $39.40. The company has a market cap of $2.36 billion, a price-to-earnings ratio of 16.85 and a beta of 1.75.

Great Western Bancorp (NYSE:GWB) last posted its quarterly earnings data on Thursday, July 27th. The bank reported $0.59 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.62 by ($0.03). Great Western Bancorp had a net margin of 28.55% and a return on equity of 8.44%. The firm had revenue of $114.22 million for the quarter, compared to the consensus estimate of $117.10 million. During the same quarter last year, the firm earned $0.59 EPS. The company’s revenue was up 13.4% on a year-over-year basis. Equities research analysts forecast that Great Western Bancorp, Inc. will post $2.43 EPS for the current fiscal year.

Great Western Bancorp Profile

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.

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Institutional Ownership by Quarter for Great Western Bancorp (NYSE:GWB)

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