German American Bancorp (NASDAQ:GABC) Share Price Crosses Above 200 Day Moving Average – What’s Next?

German American Bancorp, Inc. (NASDAQ:GABC) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $39.68 and traded as high as $40.18. German American Bancorp shares last traded at $40.12, with a volume of 103,198 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of German American Bancorp in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $45.50.

German American Bancorp Stock Up 0.5%

The company’s 50 day moving average price is $39.65 and its two-hundred day moving average price is $39.69. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. The firm has a market cap of $1.50 billion, a PE ratio of 14.03 and a beta of 0.67.

German American Bancorp (NASDAQ:GABC) last posted its quarterly earnings data on Wednesday, September 7th. The bank reported $0.81 EPS for the quarter. The firm had revenue of $64.78 million during the quarter. German American Bancorp had a return on equity of 11.85% and a net margin of 22.19%. On average, equities research analysts expect that German American Bancorp, Inc. will post 3.06 EPS for the current fiscal year.

German American Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Monday, November 10th were paid a $0.29 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.16 annualized dividend and a dividend yield of 2.9%. German American Bancorp’s dividend payout ratio (DPR) is 40.56%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in GABC. Focus Partners Wealth bought a new stake in German American Bancorp during the 1st quarter worth approximately $5,987,000. Champlain Investment Partners LLC boosted its position in shares of German American Bancorp by 11.6% in the second quarter. Champlain Investment Partners LLC now owns 1,304,428 shares of the bank’s stock worth $50,234,000 after purchasing an additional 135,073 shares during the period. Geode Capital Management LLC increased its stake in shares of German American Bancorp by 14.1% in the second quarter. Geode Capital Management LLC now owns 952,803 shares of the bank’s stock worth $36,697,000 after purchasing an additional 117,664 shares in the last quarter. FJ Capital Management LLC raised its position in shares of German American Bancorp by 1,802.7% during the 3rd quarter. FJ Capital Management LLC now owns 112,580 shares of the bank’s stock valued at $4,421,000 after purchasing an additional 106,663 shares during the period. Finally, Two Sigma Investments LP raised its position in shares of German American Bancorp by 1,660.8% during the 3rd quarter. Two Sigma Investments LP now owns 101,666 shares of the bank’s stock valued at $3,992,000 after purchasing an additional 95,892 shares during the period. 46.90% of the stock is currently owned by institutional investors.

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.