Shares of Great Western Bancorp Inc (NYSE:GWB) have been given an average recommendation of “Hold” by the thirteen ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $45.22.

Several equities analysts recently issued reports on GWB shares. Zacks Investment Research downgraded shares of Great Western Bancorp from a “hold” rating to a “sell” rating in a research note on Friday, August 18th. Piper Jaffray Companies set a $40.00 price objective on shares of Great Western Bancorp and gave the company a “hold” rating in a research note on Monday, August 21st. ValuEngine downgraded shares of Great Western Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Royal Bank Of Canada reaffirmed a “buy” rating and set a $46.00 price target on shares of Great Western Bancorp in a research report on Friday, September 8th. Finally, TheStreet lowered shares of Great Western Bancorp from a “b” rating to a “c” rating in a research report on Thursday, September 7th.

In other news, insider Bryan Leighton Kindopp sold 1,304 shares of the stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $40.21, for a total value of $52,433.84. Following the completion of the sale, the insider now owns 4,217 shares of the company’s stock, valued at $169,565.57. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kenneth James Karels sold 12,000 shares of the stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $39.66, for a total transaction of $475,920.00. Following the completion of the sale, the chief executive officer now directly owns 62,130 shares of the company’s stock, valued at approximately $2,464,075.80. The disclosure for this sale can be found here. Insiders have sold 71,545 shares of company stock valued at $2,921,722 in the last ninety days. 0.23% of the stock is currently owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Great Western Bancorp by 9.1% in 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 increased 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 worth $125,000 after acquiring an additional 1,408 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Great Western Bancorp by 17.6% in the second quarter. Victory Capital Management Inc. now owns 3,945 shares of the bank’s stock worth $161,000 after acquiring an additional 591 shares in the last quarter. Strs Ohio increased 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 worth $183,000 after acquiring an additional 300 shares in the last quarter. Finally, Riverhead Capital Management LLC increased 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 worth $197,000 after acquiring an additional 2,230 shares in the last quarter.

Great Western Bancorp (NYSE:GWB) opened at $40.84 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market cap of $2,402.42, a P/E ratio of 16.59, a P/E/G ratio of 2.05 and a beta of 1.69. Great Western Bancorp has a one year low of $33.27 and a one year high of $45.62.

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

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Friday, November 10th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.96%. The ex-dividend date was Thursday, November 9th. Great Western Bancorp’s dividend payout ratio (DPR) is 32.52%.

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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.

Analyst Recommendations for Great Western Bancorp (NYSE:GWB)

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