Great Western Bancorp, Inc. (NYSE:GWB) insider Kenneth James Karels sold 2,633 shares of Great Western Bancorp stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $41.18, for a total transaction of $108,426.94. Following the completion of the transaction, the insider now owns 68,335 shares in the company, valued at approximately $2,814,035.30. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Kenneth James Karels also recently made the following trade(s):

  • On Tuesday, October 3rd, Kenneth James Karels sold 12,000 shares of Great Western Bancorp stock. The stock was sold at an average price of $39.66, for a total transaction of $475,920.00.

Great Western Bancorp, Inc. (GWB) traded down 2.19% during mid-day trading on Monday, reaching $40.68. 139,783 shares of the company’s stock traded hands. Great Western Bancorp, Inc. has a 1-year low of $31.51 and a 1-year high of $45.62. The firm has a 50 day moving average of $38.64 and a 200 day moving average of $39.36. The firm has a market cap of $2.39 billion, a PE ratio of 17.04 and a beta of 1.75.

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

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Several brokerages recently commented on GWB. ValuEngine downgraded shares of Great Western Bancorp from a “buy” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub downgraded shares of Great Western Bancorp from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Royal Bank Of Canada reiterated a “buy” rating and issued a $46.00 target price on shares of Great Western Bancorp in a report on Friday, July 28th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $46.00 target price on shares of Great Western Bancorp in a report on Thursday, September 28th. Finally, Piper Jaffray Companies reiterated a “hold” rating and issued a $41.00 target price on shares of Great Western Bancorp in a report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $46.14.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Great Western Bancorp by 9.1% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,668 shares of the bank’s stock worth $109,000 after acquiring an additional 223 shares in the last quarter. Flinton Capital Management LLC raised its position in shares of 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. raised its position in shares of 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 raised its position in shares of 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 raised its position in shares of 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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