Great Western Bancorp Inc (NYSE:GWB) Director James Brannen bought 5,000 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were purchased at an average price of $12.55 per share, with a total value of $62,750.00. Following the acquisition, the director now directly owns 5,000 shares in the company, valued at approximately $62,750. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Great Western Bancorp stock opened at $13.00 on Friday. The stock has a market cap of $715.18 million, a P/E ratio of 5.65, a price-to-earnings-growth ratio of 5.45 and a beta of 1.17. The company has a current ratio of 0.93, a quick ratio of 0.96 and a debt-to-equity ratio of 0.40. The stock has a 50 day moving average of $13.65 and a 200-day moving average of $20.24. Great Western Bancorp Inc has a 52 week low of $10.86 and a 52 week high of $36.65.

Great Western Bancorp (NYSE:GWB) last released its earnings results on Wednesday, July 29th. The bank reported $0.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.10). The business had revenue of $108.19 million for the quarter, compared to analysts’ expectations of $117.15 million. Great Western Bancorp had a negative net margin of 120.07% and a positive return on equity of 8.39%. The business’s quarterly revenue was down 27.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.47 earnings per share. As a group, equities analysts predict that Great Western Bancorp Inc will post 1.01 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.31%. The ex-dividend date is Wednesday, August 12th. Great Western Bancorp’s dividend payout ratio is currently 20.41%.

Hedge funds have recently bought and sold shares of the stock. Private Capital Group LLC raised its position in shares of Great Western Bancorp by 169.9% during the 1st quarter. Private Capital Group LLC now owns 1,325 shares of the bank’s stock valued at $27,000 after acquiring an additional 834 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Great Western Bancorp by 147.0% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,003 shares of the bank’s stock valued at $70,000 after acquiring an additional 1,192 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Great Western Bancorp by 44.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,391 shares of the bank’s stock worth $90,000 after buying an additional 1,360 shares during the period. Advisor Group Holdings Inc. acquired a new stake in Great Western Bancorp in the first quarter worth $113,000. Finally, Sciencast Management LP acquired a new stake in Great Western Bancorp in the second quarter worth $160,000. 98.24% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have weighed in on GWB shares. Piper Sandler decreased their price target on Great Western Bancorp from $15.00 to $14.00 and set a “neutral” rating for the company in a report on Thursday. Zacks Investment Research upgraded Great Western Bancorp from a “sell” rating to a “hold” rating in a report on Monday, June 8th. TheStreet cut Great Western Bancorp from a “c” rating to a “d” rating in a report on Thursday, April 30th. ValuEngine upgraded Great Western Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, July 15th. Finally, Royal Bank of Canada reduced their target price on Great Western Bancorp from $19.00 to $17.00 and set an “outperform” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $24.00.

Great Western Bancorp Company Profile

Great Western Bancorp, Inc operates as the bank holding company for Great Western Bank that provides business and agri-business banking, retail banking, and wealth management services in the United States. The company offers noninterest-bearing demand accounts, interest-bearing demand accounts, interest-bearing non-transaction accounts, time deposits, and corporate credit cards.

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