Mason Street Advisors LLC grew its stake in Great Western Bancorp Inc (NYSE:GWB) by 2.1% during the first quarter, HoldingsChannel.com reports. The firm owned 18,286 shares of the bank’s stock after purchasing an additional 378 shares during the quarter. Mason Street Advisors LLC’s holdings in Great Western Bancorp were worth $578,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Toronto Dominion Bank acquired a new position in shares of Great Western Bancorp in the fourth quarter valued at approximately $32,000. Pearl River Capital LLC increased its holdings in shares of Great Western Bancorp by 1,209.2% in the first quarter. Pearl River Capital LLC now owns 3,980 shares of the bank’s stock valued at $126,000 after purchasing an additional 3,676 shares during the period. Flinton Capital Management LLC increased its holdings in shares of Great Western Bancorp by 22.9% in the fourth quarter. Flinton Capital Management LLC now owns 6,352 shares of the bank’s stock valued at $198,000 after purchasing an additional 1,184 shares during the period. Actinver Wealth Management Inc. acquired a new position in shares of Great Western Bancorp in the fourth quarter valued at approximately $303,000. Finally, Everence Capital Management Inc. acquired a new position in shares of Great Western Bancorp in the first quarter valued at approximately $251,000. 99.49% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages recently weighed in on GWB. Zacks Investment Research raised Great Western Bancorp from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a report on Friday, February 15th. DA Davidson reaffirmed a “buy” rating on shares of Great Western Bancorp in a report on Thursday, April 25th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. Great Western Bancorp has an average rating of “Hold” and an average price target of $41.33.

Shares of GWB stock opened at $31.07 on Friday. Great Western Bancorp Inc has a 1-year low of $29.52 and a 1-year high of $46.03. The firm has a market cap of $1.81 billion, a P/E ratio of 10.71, a price-to-earnings-growth ratio of 1.35 and a beta of 1.62. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.21.

Great Western Bancorp (NYSE:GWB) last announced its quarterly earnings data on Thursday, April 25th. The bank reported $0.78 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.79 by ($0.01). Great Western Bancorp had a return on equity of 9.75% and a net margin of 30.31%. The business had revenue of $121.70 million for the quarter, compared to analyst estimates of $121.78 million. During the same period in the prior year, the company earned $0.69 EPS. The company’s revenue was up 2.0% on a year-over-year basis. Equities analysts predict that Great Western Bancorp Inc will post 3.17 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Friday, May 10th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend was Thursday, May 9th. This is a positive change from Great Western Bancorp’s previous quarterly dividend of $0.25. Great Western Bancorp’s dividend payout ratio is currently 41.38%.

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Great Western Bancorp Company Profile

Great Western Bancorp, Inc operates as the bank holding company for Great Western Bank that provides business and agri-business banking, retail banking, and wealth management services in the United States. The company offers noninterest-bearing demand accounts, interest-bearing demand accounts, interest-bearing non-transaction accounts, time deposits, and corporate credit cards.

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

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