Great Western Bancorp Inc (GWB) Shares Sold by American International Group Inc.

American International Group Inc. reduced its position in Great Western Bancorp Inc (NYSE:GWB) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,798 shares of the bank’s stock after selling 689 shares during the quarter. American International Group Inc. owned approximately 0.08% of Great Western Bancorp worth $1,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. boosted its position in shares of Great Western Bancorp by 3.2% during the third quarter. BlackRock Inc. now owns 8,415,364 shares of the bank’s stock worth $355,043,000 after acquiring an additional 260,758 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Great Western Bancorp by 1.6% during the third quarter. Vanguard Group Inc. now owns 5,914,632 shares of the bank’s stock worth $249,538,000 after acquiring an additional 94,404 shares during the last quarter. Vanguard Group Inc boosted its position in shares of Great Western Bancorp by 1.6% during the third quarter. Vanguard Group Inc now owns 5,914,632 shares of the bank’s stock worth $249,538,000 after acquiring an additional 94,404 shares during the last quarter. Macquarie Group Ltd. boosted its position in shares of Great Western Bancorp by 8.5% during the third quarter. Macquarie Group Ltd. now owns 3,999,128 shares of the bank’s stock worth $168,723,000 after acquiring an additional 314,739 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Great Western Bancorp by 7.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,827,213 shares of the bank’s stock worth $88,351,000 after acquiring an additional 193,531 shares during the last quarter.

GWB has been the subject of a number of research reports. Zacks Investment Research upgraded shares of Great Western Bancorp from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a research report on Friday, February 15th. Piper Jaffray Companies set a $38.00 target price on shares of Great Western Bancorp and gave the stock a “hold” rating in a research report on Friday, January 25th.

Shares of NYSE:GWB traded down $0.66 during midday trading on Friday, reaching $33.85. 265,930 shares of the company were exchanged, compared to its average volume of 358,044. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.98 and a current ratio of 0.98. Great Western Bancorp Inc has a one year low of $29.52 and a one year high of $46.03. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of 11.67, a P/E/G ratio of 1.43 and a beta of 1.59.

Great Western Bancorp (NYSE:GWB) last released its quarterly earnings results on Thursday, January 24th. The bank reported $0.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.02. The company had revenue of $121.61 million for the quarter, compared to the consensus estimate of $124.10 million. Great Western Bancorp had a net margin of 30.47% and a return on equity of 9.62%. During the same quarter in the prior year, the firm earned $0.72 earnings per share. As a group, research analysts predict that Great Western Bancorp Inc will post 3.19 earnings per share for the current year.

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Great Western Bancorp Company Profile

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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Institutional Ownership by Quarter for Great Western Bancorp (NYSE:GWB)

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