Great Western Bancorp, Inc. (NYSE:GWB) CFO Peter Robert Chapman sold 7,006 shares of the stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $40.22, for a total transaction of $281,781.32. Following the transaction, the chief financial officer now directly owns 24,545 shares in the company, valued at approximately $987,199.90. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Great Western Bancorp, Inc. (NYSE:GWB) opened at 39.61 on Thursday. Great Western Bancorp, Inc. has a one year low of $31.51 and a one year high of $45.62. The firm has a 50-day moving average of $37.15 and a 200-day moving average of $39.43. The company has a market cap of $2.33 billion, a price-to-earnings ratio of 16.59 and a beta of 1.75.

Great Western Bancorp (NYSE:GWB) last released its quarterly earnings results on Thursday, July 27th. The bank reported $0.59 earnings per share (EPS) for the quarter, missing the Zacks’ 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 net margin of 28.55% and a return on equity of 8.44%. Great Western Bancorp’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.59 EPS. Equities research analysts forecast that Great Western Bancorp, Inc. will post $2.43 EPS for the current fiscal year.

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A number of institutional investors have recently added to or reduced their stakes in GWB. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Great Western Bancorp by 106.9% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,445 shares of the bank’s stock valued at $104,000 after acquiring an additional 1,263 shares during the last quarter. Flinton Capital Management LLC increased its position in Great Western Bancorp by 85.4% during the second quarter. Flinton Capital Management LLC now owns 3,056 shares of the bank’s stock valued at $125,000 after acquiring an additional 1,408 shares during the last quarter. Victory Capital Management Inc. increased its position in Great Western Bancorp by 2.7% during the first quarter. Victory Capital Management Inc. now owns 3,354 shares of the bank’s stock valued at $142,000 after acquiring an additional 88 shares during the last quarter. Strs Ohio increased its position in Great Western Bancorp by 7.1% during the second quarter. Strs Ohio now owns 4,500 shares of the bank’s stock valued at $183,000 after acquiring an additional 300 shares during the last quarter. Finally, Riverhead Capital Management LLC increased its position in Great Western Bancorp by 85.8% during the second quarter. Riverhead Capital Management LLC now owns 4,830 shares of the bank’s stock valued at $197,000 after acquiring an additional 2,230 shares during the last quarter.

Several equities analysts recently commented on the stock. BidaskClub raised shares of Great Western Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $46.00 target price on shares of Great Western Bancorp in a report on Friday, July 28th. Zacks Investment Research lowered shares of Great Western Bancorp from a “hold” rating to a “sell” rating in a report on Friday, August 18th. ValuEngine raised shares of Great Western Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday, September 27th. Finally, Stephens set a $46.00 target price on shares of Great Western Bancorp and gave the company a “buy” rating in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $45.25.

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.

Insider Buying and Selling by Quarter for Great Western Bancorp (NYSE:GWB)

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