Great Western Bancorp, Inc. (NYSE:GWB) insider Bryan Leighton Kindopp sold 1,304 shares of the stock in a transaction dated Tuesday, October 3rd. The stock was 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 of the company’s stock, valued at $169,565.57. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of Great Western Bancorp, Inc. (NYSE:GWB) traded down 2.22% during midday trading on Tuesday, reaching $40.49. 429,931 shares of the company 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 market capitalization of $2.38 billion, a PE ratio of 16.96 and a beta of 1.75. The company has a 50-day moving average of $37.09 and a 200 day moving average of $39.43.

Great Western Bancorp (NYSE:GWB) last posted its earnings results 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 company had revenue of $114.22 million during the quarter, compared to the consensus estimate of $117.10 million. The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.59 EPS. On average, equities analysts forecast that Great Western Bancorp, Inc. will post $2.43 earnings per share for the current year.

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A number of analysts recently issued reports on the company. BidaskClub raised Great Western Bancorp from a “sell” rating to a “hold” rating in a research report on Friday, June 30th. Royal Bank Of Canada reiterated a “buy” rating and set a $48.00 target price on shares of Great Western Bancorp in a report on Friday, July 7th. ValuEngine raised Great Western Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $46.00 price target on shares of Great Western Bancorp in a research report on Thursday, September 28th. Finally, Zacks Investment Research upgraded Great Western Bancorp from a “sell” rating to a “hold” rating in a research note on Tuesday, July 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. Great Western Bancorp currently has a consensus rating of “Buy” and a consensus price target of $45.44.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GWB. BlackRock Inc. lifted its stake in 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 acquiring an additional 7,189,614 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in 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 worth $105,490,000 after acquiring an additional 565,508 shares during the last quarter. Macquarie Group Ltd. boosted its holdings in Great Western Bancorp by 13.4% during the 2nd quarter. Macquarie Group Ltd. now owns 3,305,442 shares of the bank’s stock worth $134,895,000 after acquiring an additional 389,922 shares during the last quarter. Tributary Capital Management LLC purchased a new position in Great Western Bancorp during the 2nd quarter worth $13,169,000. Finally, Dimensional Fund Advisors LP boosted its holdings in Great Western Bancorp by 32.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,316,082 shares of the bank’s stock worth $53,710,000 after acquiring an additional 320,067 shares during the last quarter.

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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