Vanguard Group Inc. Has $89.40 Million Stock Position in German American Bancorp, Inc. $GABC

Vanguard Group Inc. lifted its stake in shares of German American Bancorp, Inc. (NASDAQ:GABC) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,281,704 shares of the bank’s stock after purchasing an additional 90,203 shares during the quarter. Vanguard Group Inc. owned 6.09% of German American Bancorp worth $89,397,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Deprince Race & Zollo Inc. grew its holdings in shares of German American Bancorp by 25.5% during the 4th quarter. Deprince Race & Zollo Inc. now owns 202,901 shares of the bank’s stock worth $7,950,000 after purchasing an additional 41,247 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of German American Bancorp during the 4th quarter worth $4,983,000. Aptus Capital Advisors LLC lifted its position in shares of German American Bancorp by 15.2% during the 3rd quarter. Aptus Capital Advisors LLC now owns 268,421 shares of the bank’s stock worth $10,541,000 after buying an additional 35,446 shares during the last quarter. MQS Management LLC bought a new stake in shares of German American Bancorp during the 3rd quarter worth $484,000. Finally, Royce & Associates LP lifted its position in shares of German American Bancorp by 7.0% during the 3rd quarter. Royce & Associates LP now owns 488,287 shares of the bank’s stock worth $19,175,000 after buying an additional 31,821 shares during the last quarter. 46.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on GABC shares. Wall Street Zen downgraded German American Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Piper Sandler upgraded German American Bancorp from a “neutral” rating to an “overweight” rating and set a $47.00 price objective for the company in a research report on Friday, March 20th. Stephens upped their price objective on German American Bancorp from $47.00 to $49.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Finally, Keefe, Bruyette & Woods increased 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. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, German American Bancorp currently has a consensus rating of “Moderate Buy” and an average target price of $47.67.

German American Bancorp Price Performance

German American Bancorp stock opened at $42.21 on Thursday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $1.59 billion, a PE ratio of 11.69 and a beta of 0.60. German American Bancorp, Inc. has a 12 month low of $36.55 and a 12 month high of $45.00. The stock has a 50-day moving average price of $42.24 and a two-hundred day moving average price of $41.20.

German American Bancorp (NASDAQ:GABC) last posted its 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 firm had revenue of $97.43 million during the quarter, compared to the consensus estimate of $95.84 million. German American Bancorp had a net margin of 27.09% and a return on equity of 11.98%. Analysts expect that German American Bancorp, Inc. will post 3.71 EPS for the current year.

German American Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Sunday, May 10th will be given a $0.31 dividend. The ex-dividend date is Friday, May 8th. This represents a $1.24 annualized dividend and a yield of 2.9%. German American Bancorp’s dividend payout ratio (DPR) is currently 34.35%.

German American Bancorp Company 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.