Zacks Investment Research upgraded shares of Great Western Bancorp, Inc. (NYSE:GWB) from a sell rating to a hold rating in a report released on Wednesday morning.

According to Zacks, “Great Western Bancorp Inc. is a full-service regional bank holding company. It focuses on business and agribusiness banking, complemented by retail banking and wealth management services. The Bank’s loan portfolio consists primarily of business loans, comprised of commercial and industrial, and agribusiness loans. It also provides a range of deposit and loan products to its retail customers through several channels, including its branch network, online banking system, mobile banking applications and customer care centers. The Bank provides wealth management solutions consisting of financial planning, private banking, investment management, and trust services. Great Western Bancorp, Inc. is headquartered in Sioux Falls, South Dakota. “

Other equities analysts have also issued research reports about the stock. Keefe, Bruyette & Woods reaffirmed a buy rating and issued a $46.00 price objective on shares of Great Western Bancorp in a research note on Sunday, July 30th. Royal Bank Of Canada reaffirmed a buy rating and issued a $46.00 price objective on shares of Great Western Bancorp in a research note on Friday, July 28th. Stephens set a $46.00 price objective on shares of Great Western Bancorp and gave the stock a buy rating in a research note on Friday, July 28th. ValuEngine upgraded shares of Great Western Bancorp from a hold rating to a buy rating in a research report on Wednesday, September 27th. Finally, TheStreet downgraded shares of Great Western Bancorp from a b rating to a c rating in a research report on Thursday, September 7th. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of $45.38.

Great Western Bancorp (GWB) opened at $40.79 on Wednesday. Great Western Bancorp has a 52 week low of $31.66 and a 52 week high of $45.62. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.02 and a quick ratio of 1.00. The company has a market cap of $2,399.84, a P/E ratio of 16.58, a P/E/G ratio of 2.04 and a beta of 1.72.

Great Western Bancorp (NYSE:GWB) last posted its quarterly earnings data on Thursday, October 26th. The bank reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. Great Western Bancorp had a net margin of 29.09% and a return on equity of 8.45%. The firm had revenue of $116.50 million during the quarter, compared to analyst estimates of $117.75 million. During the same quarter last year, the business posted $0.57 EPS. analysts forecast that Great Western Bancorp will post 2.6 earnings per share for the current fiscal year.

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The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Friday, November 10th will be given a $0.20 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $0.80 dividend on an annualized basis and a yield of 1.96%. Great Western Bancorp’s payout ratio is 32.52%.

In other news, insider Kenneth James Karels sold 24,000 shares of the firm’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $41.09, for a total transaction of $986,160.00. Following the transaction, the insider now owns 53,702 shares in the company, valued at approximately $2,206,615.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Stephen John Ulenberg sold 3,000 shares of the firm’s stock in a transaction on Monday, October 30th. The shares were sold at an average price of $41.80, for a total transaction of $125,400.00. Following the transaction, the executive vice president now owns 14,136 shares in the company, valued at approximately $590,884.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 69,280 shares of company stock valued at $2,829,831. Insiders own 0.23% of the company’s stock.

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 9.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,668 shares of the bank’s stock valued at $109,000 after purchasing an additional 223 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.

Great Western Bancorp Company Profile

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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Analyst Recommendations for Great Western Bancorp (NYSE:GWB)

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