Great Western Bancorp, Inc. (NYSE:GWB) shares saw unusually-strong trading volume on Friday . Approximately 821,128 shares traded hands during mid-day trading, an increase of 238% from the previous session’s volume of 242,831 shares.The stock last traded at $36.15 and had previously closed at $36.05.

Several research analysts have weighed in on GWB shares. Zacks Investment Research upgraded Great Western Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, July 18th. Royal Bank Of Canada reiterated a “buy” rating and issued a $48.00 price target on shares of Great Western Bancorp in a report on Friday, July 7th. BidaskClub upgraded Great Western Bancorp from a “sell” rating to a “hold” rating in a report on Friday, June 30th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $47.00 price target on shares of Great Western Bancorp in a report on Tuesday, May 30th. Finally, Stephens set a $46.00 price target on Great Western Bancorp and gave the company a “buy” rating in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. Great Western Bancorp presently has a consensus rating of “Buy” and an average price target of $45.44.

The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 15.14 and a beta of 1.71. The company has a 50 day moving average price of $36.78 and a 200-day moving average price of $39.95.

Great Western Bancorp (NYSE:GWB) last released its earnings results on Thursday, July 27th. The bank reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.03). Great Western Bancorp had a return on equity of 8.44% and a net margin of 28.55%. The company had revenue of $114.22 million during the quarter, compared to analysts’ expectations of $117.10 million. During the same quarter in the previous year, the company earned $0.59 EPS. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. Analysts predict that Great Western Bancorp, Inc. will post $2.43 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 23rd. Shareholders of record on Friday, August 11th were given a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, August 9th. This represents a $0.80 dividend on an annualized basis and a yield of 2.21%. Great Western Bancorp’s payout ratio is 33.47%.

Institutional investors have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Great Western Bancorp by 106.9% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,445 shares of the bank’s stock valued at $104,000 after purchasing an additional 1,263 shares in the last quarter. Flinton Capital Management LLC raised its holdings in shares of Great Western Bancorp by 85.4% during the 2nd quarter. Flinton Capital Management LLC now owns 3,056 shares of the bank’s stock valued at $125,000 after purchasing an additional 1,408 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Great Western Bancorp by 2.7% during the 1st quarter. Victory Capital Management Inc. now owns 3,354 shares of the bank’s stock valued at $142,000 after purchasing an additional 88 shares in the last quarter. Strs Ohio raised its holdings in shares of Great Western Bancorp by 7.1% during the 2nd quarter. Strs Ohio now owns 4,500 shares of the bank’s stock valued at $183,000 after purchasing an additional 300 shares in the last quarter. Finally, Riverhead Capital Management LLC raised its holdings in shares of Great Western Bancorp by 85.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 4,830 shares of the bank’s stock valued at $197,000 after purchasing an additional 2,230 shares in the last quarter.

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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.

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