Insider Selling: Great Western Bancorp Inc (GWB) CFO Sells $91,891.05 in Stock

Great Western Bancorp Inc (NYSE:GWB) CFO Peter Robert Chapman sold 2,265 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $40.57, for a total value of $91,891.05. Following the completion of the sale, the chief financial officer now directly owns 16,964 shares in the company, valued at approximately $688,229.48. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Peter Robert Chapman also recently made the following trade(s):

  • On Friday, October 20th, Peter Robert Chapman sold 5,000 shares of Great Western Bancorp stock. The shares were sold at an average price of $42.07, for a total value of $210,350.00.
  • On Monday, October 23rd, Peter Robert Chapman sold 5,880 shares of Great Western Bancorp stock. The shares were sold at an average price of $41.97, for a total value of $246,783.60.
  • On Tuesday, October 3rd, Peter Robert Chapman sold 7,006 shares of Great Western Bancorp stock. The shares were sold at an average price of $40.22, for a total value of $281,781.32.

Great Western Bancorp Inc (NYSE GWB) traded down $0.51 during midday trading on Friday, hitting $40.14. The company had a trading volume of 105,594 shares, compared to its average volume of 204,282. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.02 and a current ratio of 1.02. Great Western Bancorp Inc has a 12 month low of $33.27 and a 12 month high of $45.62. The firm has a market cap of $2,360.00, a P/E ratio of 16.52, a price-to-earnings-growth ratio of 2.04 and a beta of 1.69.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Friday, November 10th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.99%. The ex-dividend date was Thursday, November 9th. Great Western Bancorp’s dividend payout ratio (DPR) is 32.65%.

A number of equities research analysts have weighed in on GWB shares. Zacks Investment Research downgraded Great Western Bancorp from a “hold” rating to a “sell” rating in a report on Friday, August 18th. Piper Jaffray Companies set a $40.00 target price on Great Western Bancorp and gave the company a “hold” rating in a report on Monday, August 21st. ValuEngine downgraded Great Western Bancorp from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Royal Bank Of Canada reissued a “buy” rating and set a $46.00 price objective on shares of Great Western Bancorp in a report on Friday, September 8th. Finally, TheStreet downgraded Great Western Bancorp from a “b” rating to a “c” rating in a report on Thursday, September 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $45.22.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Stifel Financial Corp lifted its holdings in Great Western Bancorp by 18.3% during the 3rd quarter. Stifel Financial Corp now owns 49,843 shares of the bank’s stock worth $2,057,000 after buying an additional 7,705 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Great Western Bancorp by 23.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,618,372 shares of the bank’s stock worth $66,805,000 after buying an additional 302,290 shares during the period. Schwab Charles Investment Management Inc. lifted its holdings in Great Western Bancorp by 3.7% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 318,480 shares of the bank’s stock worth $13,147,000 after buying an additional 11,298 shares during the period. Dorsey & Whitney Trust CO LLC lifted its holdings in Great Western Bancorp by 57.0% during the 3rd quarter. Dorsey & Whitney Trust CO LLC now owns 47,807 shares of the bank’s stock worth $1,973,000 after buying an additional 17,352 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in Great Western Bancorp by 5.7% during the 3rd quarter. Wells Fargo & Company MN now owns 298,790 shares of the bank’s stock worth $12,334,000 after buying an additional 16,023 shares during the period.

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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.

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

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