Shares of Great Western Bancorp Inc (NYSE:GWB) reached a new 52-week low on Friday . The company traded as low as $28.93 and last traded at $28.97, with a volume of 174087 shares changing hands. The stock had previously closed at $30.10.

A number of research firms recently weighed in on GWB. DA Davidson reissued a “buy” rating on shares of Great Western Bancorp in a report on Thursday, April 25th. Zacks Investment Research lowered shares of Great Western Bancorp from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 30th. Piper Jaffray Companies set a $36.00 price objective on shares of Great Western Bancorp and gave the stock a “hold” rating in a research note on Friday, July 19th. Finally, Royal Bank of Canada set a $38.00 price objective on shares of Great Western Bancorp and gave the stock a “buy” rating in a research note on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. Great Western Bancorp currently has an average rating of “Hold” and an average price target of $38.00.

The company has a debt-to-equity ratio of 0.38, a current ratio of 0.97 and a quick ratio of 0.97. The firm has a fifty day moving average of $32.56 and a two-hundred day moving average of $33.83. The stock has a market capitalization of $1.71 billion, a P/E ratio of 9.90, a P/E/G ratio of 1.54 and a beta of 1.65.

Great Western Bancorp (NYSE:GWB) last released its quarterly earnings data on Thursday, July 25th. The bank reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.32). The firm had revenue of $116.40 million during the quarter, compared to the consensus estimate of $120.91 million. Great Western Bancorp had a net margin of 26.81% and a return on equity of 8.63%. During the same quarter in the previous year, the firm earned $0.78 earnings per share. As a group, sell-side analysts forecast that Great Western Bancorp Inc will post 2.83 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Friday, August 9th will be issued a $0.30 dividend. The ex-dividend date is Thursday, August 8th. This represents a $1.20 annualized dividend and a dividend yield of 4.18%. Great Western Bancorp’s payout ratio is currently 41.38%.

Several hedge funds have recently added to or reduced their stakes in GWB. Dimensional Fund Advisors LP raised its stake in shares of Great Western Bancorp by 7.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,827,213 shares of the bank’s stock valued at $88,351,000 after acquiring an additional 193,531 shares during the last quarter. Geode Capital Management LLC lifted its position in Great Western Bancorp by 6.3% during the 4th quarter. Geode Capital Management LLC now owns 622,174 shares of the bank’s stock worth $19,442,000 after buying an additional 36,718 shares in the last quarter. First Quadrant L P CA lifted its position in Great Western Bancorp by 321.7% during the 1st quarter. First Quadrant L P CA now owns 52,864 shares of the bank’s stock worth $1,670,000 after buying an additional 40,329 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. lifted its position in Great Western Bancorp by 223.1% during the 1st quarter. Los Angeles Capital Management & Equity Research Inc. now owns 61,650 shares of the bank’s stock worth $1,948,000 after buying an additional 42,570 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its position in Great Western Bancorp by 60.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 81,152 shares of the bank’s stock worth $2,564,000 after buying an additional 30,437 shares in the last quarter. Hedge funds and other institutional investors own 99.50% of the company’s stock.

Great Western Bancorp Company Profile (NYSE:GWB)

Great Western Bancorp, Inc operates as the bank holding company for Great Western Bank that provides business and agri-business banking, retail banking, and wealth management services in the United States. The company offers noninterest-bearing demand accounts, interest-bearing demand accounts, interest-bearing non-transaction accounts, time deposits, and corporate credit cards.

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