Great Western Bancorp, Inc. (NYSE:GWB) EVP Stephen John Ulenberg sold 5,397 shares of the business’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $40.22, for a total transaction of $217,067.34. Following the completion of the sale, the executive vice president now owns 20,505 shares in the company, valued at approximately $824,711.10. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Great Western Bancorp, Inc. (NYSE GWB) traded down 2.22% during mid-day trading on Tuesday, hitting $40.49. 429,931 shares of the stock traded hands. Great Western Bancorp, Inc. has a 12 month low of $31.51 and a 12 month high of $45.62. The firm has a 50 day moving average of $37.09 and a 200 day moving average of $39.43. The company has a market cap of $2.38 billion, a P/E ratio of 16.96 and a beta of 1.75.

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

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A number of institutional investors and hedge funds have recently bought and sold shares of GWB. Amalgamated Bank grew its stake in Great Western Bancorp by 1.1% during the 2nd quarter. Amalgamated Bank now owns 8,079 shares of the bank’s stock valued at $330,000 after acquiring an additional 85 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Great Western Bancorp by 2.7% in the 1st quarter. Victory Capital Management Inc. now owns 3,354 shares of the bank’s stock valued at $142,000 after acquiring an additional 88 shares during the last quarter. Municipal Employees Retirement System of Michigan raised its holdings in Great Western Bancorp by 1.7% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 13,410 shares of the bank’s stock valued at $569,000 after acquiring an additional 220 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Great Western Bancorp by 9.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,668 shares of the bank’s stock valued at $109,000 after acquiring an additional 223 shares during the last quarter. Finally, Strs Ohio raised its holdings in Great Western Bancorp by 7.1% in the 2nd quarter. Strs Ohio now owns 4,500 shares of the bank’s stock valued at $183,000 after acquiring an additional 300 shares during the last quarter.

A number of brokerages have recently weighed in on GWB. Zacks Investment Research upgraded Great Western Bancorp from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $46.00 target price on shares of Great Western Bancorp in a report on Friday, September 8th. BidaskClub upgraded Great Western Bancorp from a “sell” rating to a “hold” rating in a research report on Friday, June 30th. TheStreet downgraded Great Western Bancorp from a “b” rating to a “c” rating in a research report on Thursday, September 7th. Finally, Stephens set a $46.00 price target on Great Western Bancorp and gave the company a “buy” rating in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company. Great Western Bancorp presently has an average rating of “Buy” and a consensus target price of $45.44.

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.

Insider Buying and Selling by Quarter for Great Western Bancorp (NYSE:GWB)

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