Shares of Great Western Bancorp, Inc. (NYSE:GWB) have received a consensus rating of “Buy” from the eleven ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $45.25.

A number of equities research analysts have recently weighed in on the company. BidaskClub downgraded Great Western Bancorp from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th. Royal Bank Of Canada restated a “buy” rating and set a $46.00 target price on shares of Great Western Bancorp in a research report on Friday, July 28th. Piper Jaffray Companies restated a “hold” rating and set a $41.00 target price on shares of Great Western Bancorp in a research report on Thursday, August 3rd. Zacks Investment Research downgraded Great Western Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. Finally, Stephens set a $46.00 target price on Great Western Bancorp and gave the stock a “buy” rating in a research report on Friday, July 28th.

Shares of Great Western Bancorp (NYSE:GWB) opened at 36.32 on Tuesday. The company has a 50 day moving average of $38.67 and a 200 day moving average of $40.66. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 15.21 and a beta of 1.69. Great Western Bancorp has a 52-week low of $31.51 and a 52-week high of $45.62.

Great Western Bancorp (NYSE:GWB) last released its earnings results on Thursday, July 27th. The bank reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by $0.03. The firm had revenue of $114.22 million for the quarter, compared to the consensus estimate of $117.10 million. Great Western Bancorp had a return on equity of 8.44% and a net margin of 28.55%. The company’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.59 EPS. Analysts predict that Great Western Bancorp will post $2.43 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 23rd. Investors of record on Friday, August 11th were issued a $0.20 dividend. The ex-dividend date was Wednesday, August 9th. This represents a $0.80 dividend on an annualized basis and a yield of 2.20%. Great Western Bancorp’s dividend payout ratio is presently 33.47%.

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In related news, insider Bryan Leighton Kindopp sold 766 shares of the company’s stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $40.95, for a total value of $31,367.70. Following the completion of the sale, the insider now owns 300 shares in the company, valued at $12,285. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.19% of the company’s stock.

Several large investors have recently made changes to their positions in GWB. Piedmont Investment Advisors LLC acquired a new stake in shares of Great Western Bancorp during the second quarter valued at about $518,000. Westwood Holdings Group Inc. increased its stake in shares of Great Western Bancorp by 13.3% in the second quarter. Westwood Holdings Group Inc. now owns 1,796,874 shares of the bank’s stock valued at $73,157,000 after buying an additional 210,971 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Great Western Bancorp by 5.4% in the second quarter. The Manufacturers Life Insurance Company now owns 1,003,365 shares of the bank’s stock valued at $40,947,000 after buying an additional 50,988 shares during the period. State Street Corp increased its stake in shares of Great Western Bancorp by 10.6% in the second quarter. State Street Corp now owns 2,699,137 shares of the bank’s stock valued at $110,148,000 after buying an additional 259,443 shares during the period. Finally, Shelton Capital Management acquired a new stake in shares of Great Western Bancorp during the second quarter valued at about $238,000.

Great Western Bancorp Company 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.

Analyst Recommendations for Great Western Bancorp (NYSE:GWB)

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