On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Kindopp Bryan Leighton, officer (Regional President EVP) of Great Western Bancorp, Inc., executed a transaction worth $4,808 on August 26, 2015. A total of 200 shares were purchased at an average price of $24.04. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered. Institutional Investors own 75.8% of Company shares. During last 3 month period, 112.39% of total institutional ownership has changed in the company shares.
Many analysts have commented on the company rating. JP Morgan initiates coverage on Great Western Bancorp, Inc. (NYSE:GWB). The rating major has initiated the coverage with an overweight rating on the shares. The Analysts at JP Morgan announces a current price target of $30 per share. The rating by the firm was issued on July 9, 2015.
Great Western Bancorp, Inc. is a full-service regional bank holding company focused on relationship-based business and agribusiness banking. The Bank serves its customers through 162 branches in attractive markets in seven states: South Dakota, Iowa, Nebraska, Colorado, Arizona, Kansas and Missouri. It focuses on business and agribusiness banking, complemented by retail banking and wealth management services. Its loan portfolio consists primarily of business loans, comprised of commercial and industrial, which it refer to as commercial non-real estate, and commercial real estate (CRE), loans, and agribusiness loans. As of June 30, 2014, its business and agribusiness loans collectively accounted for 85% of its total loan portfolio. 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.