BidaskClub upgraded shares of German American Bancorp. (NASDAQ:GABC) from a sell rating to a hold rating in a research report released on Saturday, BidAskClub reports.

Separately, Zacks Investment Research raised shares of German American Bancorp. from a sell rating to a hold rating in a research note on Tuesday, March 5th.

NASDAQ GABC opened at $29.01 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.90 and a quick ratio of 0.90. The stock’s fifty day moving average price is $29.10. The stock has a market capitalization of $728.27 million, a price-to-earnings ratio of 13.56 and a beta of 0.87. German American Bancorp. has a 52 week low of $26.20 and a 52 week high of $38.20.

German American Bancorp. (NASDAQ:GABC) last posted its quarterly earnings data on Monday, April 29th. The bank reported $0.60 EPS for the quarter, topping the consensus estimate of $0.55 by $0.05. The company had revenue of $45.25 million during the quarter, compared to analyst estimates of $43.55 million. German American Bancorp. had a net margin of 26.91% and a return on equity of 12.37%. As a group, research analysts anticipate that German American Bancorp. will post 2.37 EPS for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the company. Rhumbline Advisers boosted its stake in shares of German American Bancorp. by 4.7% during the first quarter. Rhumbline Advisers now owns 33,623 shares of the bank’s stock valued at $989,000 after purchasing an additional 1,520 shares during the period. Aptus Capital Advisors LLC purchased a new stake in shares of German American Bancorp. during the fourth quarter valued at $236,000. Geode Capital Management LLC boosted its stake in shares of German American Bancorp. by 6.9% during the fourth quarter. Geode Capital Management LLC now owns 246,268 shares of the bank’s stock valued at $6,838,000 after purchasing an additional 15,970 shares during the period. HL Financial Services LLC boosted its stake in shares of German American Bancorp. by 11.4% during the fourth quarter. HL Financial Services LLC now owns 16,035 shares of the bank’s stock valued at $445,000 after purchasing an additional 1,643 shares during the period. Finally, GSA Capital Partners LLP purchased a new stake in shares of German American Bancorp. during the fourth quarter valued at $210,000. 38.45% of the stock is owned by hedge funds and other institutional investors.

About German American Bancorp.

German American Bancorp, Inc operates as the bank holding company for German American Bancorp that provides retail and commercial banking services. The company operates through three segments: Core Banking, Trust and Investment Advisory Services, and Insurance Operations. The Core Banking segment accepts various deposits from the general public; and originates consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, as well as sells residential mortgage loans in the secondary market.

Further Reading: What is insider trading?

Receive News & Ratings for German American Bancorp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for German American Bancorp. and related companies with MarketBeat.com's FREE daily email newsletter.