Great Western Bancorp Inc. (NYSE:GWB) dropped 2.7% on Thursday . The stock traded as low as $33.68 and last traded at $33.68, with a volume of 222,413 shares. The stock had previously closed at $34.61.

GWB has been the topic of several recent research reports. Zacks Investment Research downgraded Great Western Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, March 29th. Deutsche Bank AG restated a “buy” rating and set a $36.00 price target on shares of Great Western Bancorp in a report on Tuesday, April 5th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Great Western Bancorp in a report on Saturday, July 9th. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $34.75.

The stock has a 50-day moving average of $32.60 and a 200-day moving average of $28.95. The firm has a market capitalization of $1.88 billion and a price-to-earnings ratio of 15.46.

Great Western Bancorp (NYSE:GWB) last posted its quarterly earnings data on Thursday, April 28th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.03. The business had revenue of $95.34 million for the quarter, compared to analyst estimates of $96.20 million. Great Western Bancorp’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.34 EPS. Equities analysts predict that Great Western Bancorp Inc. will post $2.23 earnings per share for the current year.

Other large investors have bought and sold shares of the company. California State Teachers Retirement System boosted its stake in Great Western Bancorp by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 76,548 shares of the company’s stock valued at $2,221,000 after buying an additional 1,171 shares during the period. Rhumbline Advisers boosted its position in shares of Great Western Bancorp by 3.2% in the fourth quarter. Rhumbline Advisers now owns 55,422 shares of the company’s stock worth $1,608,000 after buying an additional 1,740 shares during the last quarter. GSA Capital Partners LLP boosted its position in shares of Great Western Bancorp by 41.7% in the fourth quarter. GSA Capital Partners LLP now owns 37,101 shares of the company’s stock worth $1,077,000 after buying an additional 10,918 shares during the last quarter. GAM Holding AG boosted its position in shares of Great Western Bancorp by 34.4% in the fourth quarter. GAM Holding AG now owns 75,517 shares of the company’s stock worth $2,192,000 after buying an additional 19,317 shares during the last quarter. Finally, Nationwide Fund Advisors boosted its position in shares of Great Western Bancorp by 23.3% in the fourth quarter. Nationwide Fund Advisors now owns 125,293 shares of the company’s stock worth $3,636,000 after buying an additional 23,652 shares during 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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