Shares of Great Western Bancorp, Inc. (NYSE:GWB) have earned a consensus recommendation of “Hold” from the thirteen analysts that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $45.22.

GWB has been the topic of several analyst reports. BidaskClub cut Great Western Bancorp from a “hold” rating to a “sell” rating in a research report on Sunday, July 16th. Zacks Investment Research upgraded shares of Great Western Bancorp from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. Piper Jaffray Companies set a $42.00 price objective on shares of Great Western Bancorp and gave the stock a “hold” rating in a research report on Thursday, July 27th. Stephens set a $46.00 price objective on shares of Great Western Bancorp and gave the stock a “buy” rating in a research report on Friday, July 28th. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $46.00 price objective on shares of Great Western Bancorp in a research report on Friday, July 28th.

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Shares of Great Western Bancorp (NYSE GWB) opened at $38.28 on Friday. Great Western Bancorp has a 52-week low of $33.27 and a 52-week high of $45.62. The firm has a market capitalization of $2,252.17, a PE ratio of 15.56, a PEG ratio of 1.92 and a beta of 1.72. The company has a current ratio of 1.02, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37.

Great Western Bancorp (NYSE:GWB) last announced its quarterly earnings results on Thursday, October 26th. The bank reported $0.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.03. Great Western Bancorp had a return on equity of 8.45% and a net margin of 29.09%. The firm had revenue of $116.50 million for the quarter, compared to analysts’ expectations of $117.75 million. During the same period in the prior year, the business posted $0.57 earnings per share. sell-side analysts predict that Great Western Bancorp will post 2.6 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Friday, November 10th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date of this dividend is Thursday, November 9th. Great Western Bancorp’s payout ratio is currently 32.52%.

In other Great Western Bancorp news, CFO Peter Robert Chapman sold 5,000 shares of the stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $42.07, for a total transaction of $210,350.00. Following the transaction, the chief financial officer now directly owns 22,969 shares in the company, valued at $966,305.83. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Bryan Leighton Kindopp sold 1,304 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The shares were 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 in the company, valued at $169,565.57. The disclosure for this sale can be found here. Insiders have sold 69,280 shares of company stock worth $2,829,831 over the last quarter. Company insiders own 0.23% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of GWB. Wells Fargo & Company MN boosted its stake in shares of Great Western Bancorp by 5.7% during the third quarter. Wells Fargo & Company MN now owns 298,790 shares of the bank’s stock valued at $12,334,000 after purchasing an additional 16,023 shares during the period. Zeke Capital Advisors LLC boosted its stake in shares of Great Western Bancorp by 104.9% during the third quarter. Zeke Capital Advisors LLC now owns 15,226 shares of the bank’s stock valued at $629,000 after purchasing an additional 7,796 shares during the period. Legal & General Group Plc boosted its stake in shares of Great Western Bancorp by 2.1% during the third quarter. Legal & General Group Plc now owns 116,153 shares of the bank’s stock valued at $4,796,000 after purchasing an additional 2,383 shares during the period. Eagle Asset Management Inc. boosted its stake in shares of Great Western Bancorp by 6.1% during the third quarter. Eagle Asset Management Inc. now owns 168,620 shares of the bank’s stock valued at $6,982,000 after purchasing an additional 9,625 shares during the period. Finally, American International Group Inc. boosted its stake in shares of Great Western Bancorp by 5.8% during the third quarter. American International Group Inc. now owns 46,840 shares of the bank’s stock valued at $1,934,000 after purchasing an additional 2,553 shares during the period.

Great Western Bancorp Company Profile

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.

Analyst Recommendations for Great Western Bancorp (NYSE:GWB)

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