Great Western Bancorp Inc (NYSE:GWB) CFO Peter Robert Chapman sold 3,450 shares of the stock in a transaction dated Thursday, December 6th. The shares were sold at an average price of $33.98, for a total value of $117,231.00. Following the transaction, the chief financial officer now owns 21,423 shares in the company, valued at $727,953.54. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Shares of Great Western Bancorp stock traded up $0.18 during trading on Friday, hitting $34.20. 12,720 shares of the stock traded hands, compared to its average volume of 407,492. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.21. Great Western Bancorp Inc has a 52 week low of $31.54 and a 52 week high of $46.03. The firm has a market capitalization of $1.99 billion, a PE ratio of 11.80, a price-to-earnings-growth ratio of 1.31 and a beta of 1.58.
Great Western Bancorp (NYSE:GWB) last posted its quarterly earnings results on Thursday, October 25th. The bank reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.06). Great Western Bancorp had a return on equity of 9.51% and a net margin of 28.43%. The company had revenue of $121.25 million for the quarter, compared to the consensus estimate of $125.89 million. As a group, analysts predict that Great Western Bancorp Inc will post 3.13 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 21st. Investors of record on Friday, November 9th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, November 8th. This represents a $1.00 annualized dividend and a yield of 2.92%. Great Western Bancorp’s payout ratio is 34.48%.
A number of institutional investors and hedge funds have recently bought and sold shares of GWB. BlackRock Inc. grew its position in Great Western Bancorp by 6.9% during the 2nd quarter. BlackRock Inc. now owns 8,154,606 shares of the bank’s stock worth $342,412,000 after acquiring an additional 524,152 shares during the last quarter. Macquarie Group Ltd. lifted its holdings in Great Western Bancorp by 8.5% in the 3rd quarter. Macquarie Group Ltd. now owns 3,999,128 shares of the bank’s stock worth $168,723,000 after buying an additional 314,739 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Great Western Bancorp by 11.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,567,587 shares of the bank’s stock worth $107,814,000 after buying an additional 272,106 shares during the period. Segall Bryant & Hamill LLC purchased a new stake in Great Western Bancorp in the 2nd quarter worth approximately $10,258,000. Finally, FMR LLC lifted its holdings in Great Western Bancorp by 7.4% in the 2nd quarter. FMR LLC now owns 2,644,413 shares of the bank’s stock worth $111,039,000 after buying an additional 182,494 shares during the period.
Several equities analysts have recently commented on GWB shares. Zacks Investment Research lowered Great Western Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, September 3rd. ValuEngine lowered Great Western Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, October 19th. Finally, Piper Jaffray Companies set a $37.00 price objective on Great Western Bancorp and gave the company a “hold” rating in a research report on Friday, October 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $46.57.
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Great Western Bancorp Company Profile
Great Western Bancorp, Inc operates as the bank holding company for Great Western Bank that provides business and agribusiness banking, retail banking, and wealth management services. The company offers non-interest-bearing demand accounts, interest-bearing savings and money market accounts, individual retirement accounts, and time certificates of deposits, as well as NOW accounts.
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