The stock is trading at $40.68 which is slightly above the 50 day moving average of $38.77 and a tad above the 200 day moving average of $39.32. The 50 day moving average was up $1.91 and the 200 day average went up $1.36 or +3.45%. 184K shares changed hands on Tuesday. Trading volume was down 56.59% under the stocks average daily volume.
Short traders are more bullish on shares of the company as evidenced by the change in short interest. The stock saw a fall in short interest of -8.59% between September 15, 2017 and September 29, 2017. Short interest fell from 1,858,482 to 1,698,832 over that period. The short-interest ratio increased to 7.0 and the percentage of shorted shares was 0.03% on September 29.
These firms have modified their investment in GWB. As of quarter end Nisa Investment Advisors, LLC had disposed of a total of 2,000 shares trimming its stake by 20.6%. The value of the company’s investment in Great Western Bancorp, Inc. decreased from $369,000 to $318,000 a change of 13.8% since the last quarter. Fisher Asset Management, LLC trimmed its holdings by selling 4,229 shares a decrease of 3.4%. Fisher Asset Management, LLC currently owns 120,434 shares worth $4,972,000. The total value of its holdings decreased 2.3%.
Bank Of Montreal /can/ downsized its stake by shedding 1,188 shares a decrease of 84.9% from 06/30/2017 to 09/30/2017. Bank Of Montreal /can/ claims 212 shares with a value of $9,000. The value of the position overall is down by 84.2%. As of the end of the quarter Mountain Pacific Investment Advisers Inc/id had bought 48,680 shares growing its holdings by 15.1%. The value of the total investment in Great Western Bancorp, Inc. went from $13,138,000 to $15,299,000 increasing 16.4% for the reporting period.
In the market the company is trading down by 2.19% percent from yesterday’s close. Additionally the company declared a dividend that was paid on Wednesday the 23rd of August 2017. The dividend payment was $0.200 per share for the quarter or $0.80 annualized. This dividend represents a yield of $1.92. The ex-dividend date was Wednesday the 9th of August 2017.
The most current P/E ratio is 17.04 and the market cap is 2.39B. In the last earnings report the EPS was $2.39 and is projected to be $2.43 for the current year with 58,761,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.64 and the next full year EPS is projected to be $2.64.
Great Western Bancorp, Inc., launched on July 2, 2014, 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. The Company focuses on business and agribusiness banking, complemented by retail banking and wealth management services. The Business’s loan portfolio consists primarily of business loans, consisting of commercial and industrial loans (C&I), commercial real estate (CRE) loans and agribusiness loans. The Company serves various industry sectors, such as agribusiness services, freight and transport, healthcare and tourism..