German American Bancorp, Inc. $GABC Stock Holdings Raised by German American Bancorp Inc.

German American Bancorp Inc. increased its stake in shares of German American Bancorp, Inc. (NASDAQ:GABC) by 1.3% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 966,872 shares of the bank’s stock after acquiring an additional 12,585 shares during the period. German American Bancorp makes up approximately 3.5% of German American Bancorp Inc.’s holdings, making the stock its 9th largest holding. German American Bancorp Inc. owned about 2.58% of German American Bancorp worth $40,406,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GABC. Ameriprise Financial Inc. raised its stake in shares of German American Bancorp by 2.9% during the third quarter. Ameriprise Financial Inc. now owns 13,370 shares of the bank’s stock valued at $525,000 after purchasing an additional 371 shares during the period. ProShare Advisors LLC lifted its position in shares of German American Bancorp by 6.9% during the fourth quarter. ProShare Advisors LLC now owns 6,629 shares of the bank’s stock worth $260,000 after purchasing an additional 426 shares in the last quarter. Pettinga Financial Advisors LLC boosted its stake in shares of German American Bancorp by 4.4% in the fourth quarter. Pettinga Financial Advisors LLC now owns 11,613 shares of the bank’s stock valued at $455,000 after purchasing an additional 492 shares during the period. Glenview Trust Co boosted its stake in shares of German American Bancorp by 10.1% in the fourth quarter. Glenview Trust Co now owns 7,633 shares of the bank’s stock valued at $299,000 after purchasing an additional 700 shares during the period. Finally, Diversified Trust Co grew its holdings in German American Bancorp by 4.3% during the 1st quarter. Diversified Trust Co now owns 17,164 shares of the bank’s stock valued at $717,000 after purchasing an additional 700 shares in the last quarter. Hedge funds and other institutional investors own 46.90% of the company’s stock.

German American Bancorp Price Performance

GABC opened at $48.57 on Friday. The company has a market capitalization of $1.82 billion, a P/E ratio of 13.45 and a beta of 0.59. The company has a 50-day moving average of $45.18 and a 200-day moving average of $43.04. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.86 and a current ratio of 0.86. German American Bancorp, Inc. has a 1-year low of $36.56 and a 1-year high of $49.39.

German American Bancorp (NASDAQ:GABC) last issued its quarterly earnings results on Monday, April 27th. The bank reported $0.88 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.02). The company had revenue of $97.43 million for the quarter, compared to the consensus estimate of $95.84 million. German American Bancorp had a return on equity of 11.98% and a net margin of 27.09%. Equities analysts expect that German American Bancorp, Inc. will post 3.73 EPS for the current fiscal year.

German American Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Sunday, May 10th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Friday, May 8th. German American Bancorp’s dividend payout ratio (DPR) is currently 34.35%.

Analyst Ratings Changes

A number of brokerages recently commented on GABC. Wall Street Zen downgraded German American Bancorp from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Piper Sandler upgraded German American Bancorp from a “neutral” rating to an “overweight” rating and set a $47.00 price objective on the stock in a report on Friday, March 20th. Raymond James Financial began coverage on German American Bancorp in a research report on Wednesday, July 8th. They issued a “hold” rating on the stock. Keefe, Bruyette & Woods upped their target price on German American Bancorp from $46.00 to $47.00 and gave the company a “market perform” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings upgraded German American Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $47.67.

German American Bancorp Profile

German American Bancorp, Inc operates as a bank holding company headquartered in Jasper, Indiana. Through its principal subsidiary, German American Bank, it delivers a range of community banking services tailored to individuals, small-to-medium enterprises and agricultural clients. The company’s core offerings include traditional deposit accounts—such as checking, savings and certificates of deposit—alongside residential mortgage and home equity lending products.

On the commercial side, German American Bancorp provides a variety of financing solutions, including term loans, lines of credit and commercial real estate financing.