Shares of Great Western Bancorp Inc. (NYSE:GWB) reached a new 52-week high during trading on Thursday . The company traded as high as $34.69 and last traded at $34.69, with a volume of 313,988 shares traded. The stock had previously closed at $33.87.

Several analysts have commented on GWB shares. Deutsche Bank AG restated a “buy” rating on shares of Great Western Bancorp in a research note on Sunday, March 20th. Zacks Investment Research upgraded shares of Great Western Bancorp from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research note on Monday, May 2nd. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Great Western Bancorp in a research note on Saturday, July 9th. One analyst has rated the stock with a sell rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $34.75.

The stock has a market capitalization of $1.91 billion and a PE ratio of 15.72. The firm’s 50-day moving average is $32.51 and its 200-day moving average is $28.76.

Great Western Bancorp (NYSE:GWB) last released its earnings results on Thursday, April 28th. The company reported $0.55 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.03. The firm had revenue of $95.34 million for the quarter, compared to analysts’ expectations of $96.20 million. During the same quarter in the previous year, the company posted $0.34 earnings per share. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. On average, equities research analysts anticipate that Great Western Bancorp Inc. will post $2.23 earnings per share for the current year.

Several hedge funds have recently added to or reduced their stakes in GWB. Trexquant Investment LP purchased a new stake in Great Western Bancorp during the fourth quarter worth $1,132,000. Fiduciary Management Associates LLC raised its position in shares of Great Western Bancorp by 27.4% in the fourth quarter. Fiduciary Management Associates LLC now owns 796,106 shares of the company’s stock valued at $23,102,000 after buying an additional 171,120 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Great Western Bancorp by 155.8% in the fourth quarter. Principal Financial Group Inc. now owns 481,362 shares of the company’s stock valued at $13,969,000 after buying an additional 293,158 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Great Western Bancorp by 10.4% in the fourth quarter. Wells Fargo & Company MN now owns 582,777 shares of the company’s stock valued at $16,911,000 after buying an additional 54,845 shares in the last quarter. Finally, Bank of Montreal Can raised its position in shares of Great Western Bancorp by 53.7% in the fourth quarter. Bank of Montreal Can now owns 254,930 shares of the company’s stock valued at $7,398,000 after buying an additional 89,090 shares in the last quarter.

Great Western Bancorp, Inc is a bank holding company. The Company’s primary business is ownership of its subsidiary, Great Western Bank (the Bank). The Bank is a regional bank focused on relationship-based business and agribusiness banking. It also focuses on retail banking and wealth management services.

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