Great Western Bancorp, Inc. (NYSE:GWB) CEO Kenneth James Karels sold 12,000 shares of the stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $39.66, for a total value of $475,920.00. Following the sale, the chief executive officer now owns 62,130 shares of the company’s stock, valued at approximately $2,464,075.80. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Great Western Bancorp, Inc. (NYSE:GWB) traded down 2.17% during trading on Wednesday, hitting $39.61. The company had a trading volume of 310,931 shares. Great Western Bancorp, Inc. has a 52-week low of $31.51 and a 52-week high of $45.62. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 16.59 and a beta of 1.75. The firm’s 50 day moving average is $37.09 and its 200-day moving average is $39.43.

Great Western Bancorp (NYSE:GWB) last announced its quarterly 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 company had revenue of $114.22 million during the quarter, compared to analysts’ expectations of $117.10 million. Great Western Bancorp had a net margin of 28.55% and a return on equity of 8.44%. Great Western Bancorp’s revenue was up 13.4% on a year-over-year basis. During the same period last year, the firm earned $0.59 earnings per share. 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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Several brokerages have recently commented on GWB. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $46.00 price objective on shares of Great Western Bancorp in a report on Thursday, September 28th. ValuEngine raised Great Western Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Zacks Investment Research raised Great Western Bancorp from a “sell” rating to a “hold” rating in a research report on Tuesday, September 12th. TheStreet downgraded Great Western Bancorp from a “b” rating to a “c” rating in a research report on Thursday, September 7th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $46.00 target price on shares of Great Western Bancorp in a research report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company. Great Western Bancorp has a consensus rating of “Buy” and a consensus target price of $45.44.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Great Western Bancorp by 106.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,445 shares of the bank’s stock valued at $104,000 after purchasing an additional 1,263 shares during the period. Flinton Capital Management LLC increased its stake in Great Western Bancorp by 85.4% in the second quarter. Flinton Capital Management LLC now owns 3,056 shares of the bank’s stock valued at $125,000 after purchasing an additional 1,408 shares during the period. Victory Capital Management Inc. increased its stake in Great Western Bancorp by 2.7% in the first quarter. Victory Capital Management Inc. now owns 3,354 shares of the bank’s stock valued at $142,000 after purchasing an additional 88 shares during the period. Strs Ohio increased its stake in Great Western Bancorp by 7.1% in the second quarter. Strs Ohio now owns 4,500 shares of the bank’s stock valued at $183,000 after purchasing an additional 300 shares during the period. Finally, Riverhead Capital Management LLC increased its stake in Great Western Bancorp by 85.8% in the second quarter. Riverhead Capital Management LLC now owns 4,830 shares of the bank’s stock valued at $197,000 after purchasing an additional 2,230 shares during the period.

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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