Citadel Advisors LLC grew its holdings in Great Western Bancorp, Inc. (NYSE:GWB) by 881.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 59,545 shares of the bank’s stock after buying an additional 53,477 shares during the quarter. Citadel Advisors LLC owned approximately 0.10% of Great Western Bancorp worth $2,429,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its position 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 worth $104,000 after purchasing an additional 1,263 shares during the period. Victory Capital Management Inc. increased its position 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 purchasing an additional 88 shares during the period. Strs Ohio increased its position in 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 purchasing an additional 300 shares during the period. Riverhead Capital Management LLC increased its position 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 worth $197,000 after purchasing an additional 2,230 shares during the period. Finally, Dubuque Bank & Trust Co. acquired a new stake in Great Western Bancorp in the second quarter worth about $199,000.

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Great Western Bancorp, Inc. (NYSE GWB) opened at 41.28 on Friday. Great Western Bancorp, Inc. has a 52-week low of $31.51 and a 52-week high of $45.62. The stock’s 50 day moving average price is $36.71 and its 200 day moving average price is $39.79. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 17.29 and a beta of 1.71.

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 consensus estimate of $0.62 by ($0.03). The company had revenue of $114.22 million during the quarter, compared to analyst estimates of $117.10 million. Great Western Bancorp had a net margin of 28.55% and a return on equity of 8.44%. The company’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.59 EPS. On average, equities analysts anticipate that Great Western Bancorp, Inc. will post $2.43 earnings per share for the current fiscal year.

A number of brokerages recently commented on GWB. ValuEngine lowered Great Western Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. BidaskClub lowered Great Western Bancorp from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th. Royal Bank Of Canada reiterated a “buy” rating and issued a $46.00 price objective on shares of Great Western Bancorp in a research report on Friday, July 28th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $46.00 price objective on shares of Great Western Bancorp in a research report on Thursday. Finally, Piper Jaffray Companies reiterated a “hold” rating and issued a $41.00 price objective on shares of Great Western Bancorp in a research report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $45.44.

Great Western Bancorp 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.

Institutional Ownership by Quarter for Great Western Bancorp (NYSE:GWB)

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