Great Western Bancorp, Inc. (NYSE:GWB) has earned an average recommendation of “Hold” from the twelve ratings firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $45.38.

A number of research firms recently weighed in on GWB. FBR & Co began coverage on shares of Great Western Bancorp in a research note on Tuesday, April 11th. They set an “outperform” rating and a $48.00 target price on the stock. BidaskClub cut shares of Great Western Bancorp from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. Royal Bank Of Canada restated a “buy” rating and set a $46.00 target price on shares of Great Western Bancorp in a research note on Friday, July 28th. J P Morgan Chase & Co cut shares of Great Western Bancorp from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $48.00 to $47.00 in a research note on Friday, April 28th. Finally, Piper Jaffray Companies restated a “hold” rating and set a $41.00 target price on shares of Great Western Bancorp in a research note on Thursday, August 3rd.

Shares of Great Western Bancorp (NYSE GWB) opened at 38.80 on Monday. Great Western Bancorp has a 52-week low of $31.51 and a 52-week high of $45.62. The stock has a market cap of $2.28 billion, a P/E ratio of 16.25 and a beta of 1.69. The firm’s 50 day moving average price is $39.98 and its 200 day moving average price is $41.33.

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

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 23rd. Stockholders of record on Friday, August 11th will be given a $0.20 dividend. The ex-dividend date is Wednesday, August 9th. This represents a $0.80 annualized dividend and a dividend yield of 2.06%. Great Western Bancorp’s payout ratio is presently 33.47%.

In other news, insider Bryan Leighton Kindopp sold 766 shares of the company’s stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $40.95, for a total value of $31,367.70. Following the completion of the sale, the insider now owns 300 shares of the company’s stock, valued at approximately $12,285. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.19% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of the stock. Victory Capital Management Inc. boosted 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 worth $142,000 after buying an additional 88 shares during the last quarter. Tudor Investment Corp Et Al boosted its stake in Great Western Bancorp by 1.5% in the fourth quarter. Tudor Investment Corp Et Al now owns 8,117 shares of the bank’s stock worth $354,000 after buying an additional 117 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in Great Western Bancorp by 2.5% in the first quarter. State of Alaska Department of Revenue now owns 6,510 shares of the bank’s stock worth $276,000 after buying an additional 160 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its stake in Great Western Bancorp by 1.7% in the first quarter. Municipal Employees Retirement System of Michigan now owns 13,410 shares of the bank’s stock worth $569,000 after buying an additional 220 shares during the last quarter. Finally, Louisiana State Employees Retirement System boosted its stake in Great Western Bancorp by 1.3% in the first quarter. Louisiana State Employees Retirement System now owns 23,900 shares of the bank’s stock worth $1,014,000 after buying an additional 300 shares during the last quarter.

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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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