Eqis Capital Management Inc. purchased a new position in Great Western Bancorp Inc (NYSE:GWB) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 5,745 shares of the bank’s stock, valued at approximately $229,000.

A number of other large investors have also modified their holdings of the business. Macquarie Group Ltd. lifted its stake in shares of Great Western Bancorp by 8.1% in the 3rd quarter. Macquarie Group Ltd. now owns 3,574,672 shares of the bank’s stock valued at $147,562,000 after purchasing an additional 269,230 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Great Western Bancorp by 17.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,044,994 shares of the bank’s stock valued at $125,698,000 after purchasing an additional 460,107 shares in the last quarter. State Street Corp lifted its stake in shares of Great Western Bancorp by 10.6% in the 2nd quarter. State Street Corp now owns 2,699,137 shares of the bank’s stock valued at $110,148,000 after purchasing an additional 259,443 shares in the last quarter. Westwood Holdings Group Inc. lifted its stake in shares of Great Western Bancorp by 13.3% in the 2nd quarter. Westwood Holdings Group Inc. now owns 1,796,874 shares of the bank’s stock valued at $73,157,000 after purchasing an additional 210,971 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Great Western Bancorp by 23.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,618,372 shares of the bank’s stock valued at $66,805,000 after purchasing an additional 302,290 shares in the last quarter.

Several research firms have recently weighed in on GWB. Royal Bank of Canada reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Great Western Bancorp in a research note on Thursday, January 25th. Stephens reaffirmed a “buy” rating and issued a $49.00 price objective on shares of Great Western Bancorp in a research note on Friday, January 26th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $51.00 price objective on shares of Great Western Bancorp in a research note on Thursday, January 25th. FBR & Co lowered Great Western Bancorp from a “buy” rating to a “neutral” rating and set a $44.00 price objective on the stock. in a research note on Tuesday, October 31st. Finally, ValuEngine raised Great Western Bancorp from a “hold” rating to a “buy” rating in a research note on Monday, December 4th. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $46.50.

Great Western Bancorp Inc (GWB) opened at $42.69 on Monday. The company has a market capitalization of $2,514.28, a P/E ratio of 16.74, a P/E/G ratio of 1.44 and a beta of 1.62. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.41. Great Western Bancorp Inc has a 52-week low of $33.27 and a 52-week high of $45.62.

Great Western Bancorp (NYSE:GWB) last released its quarterly earnings results on Thursday, January 25th. The bank reported $0.72 EPS for the quarter, topping the consensus estimate of $0.63 by $0.09. The firm had revenue of $117.30 million for the quarter, compared to analyst estimates of $118.85 million. Great Western Bancorp had a return on equity of 8.66% and a net margin of 27.04%. During the same period in the previous year, the company posted $0.63 EPS. analysts predict that Great Western Bancorp Inc will post 2.86 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 21st. Investors of record on Friday, February 9th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.87%. The ex-dividend date is Thursday, February 8th. Great Western Bancorp’s dividend payout ratio (DPR) is presently 34.48%.

In related news, EVP Stephen John Ulenberg sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $41.81, for a total transaction of $125,430.00. Following the transaction, the executive vice president now directly owns 12,736 shares of the company’s stock, valued at approximately $532,492.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Peter Robert Chapman sold 2,265 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $40.57, for a total value of $91,891.05. Following the transaction, the chief financial officer now directly owns 16,964 shares in the company, valued at $688,229.48. The disclosure for this sale can be found here. Insiders have sold a total of 6,775 shares of company stock worth $285,271 over the last three months. 0.33% of the stock is currently owned by corporate insiders.

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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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