German American Bancorp, Inc. $GABC Shares Sold by Susquehanna International Group LLP

Susquehanna International Group LLP decreased its stake in shares of German American Bancorp, Inc. (NASDAQ:GABC) by 67.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,211 shares of the bank’s stock after selling 41,602 shares during the period. Susquehanna International Group LLP’s holdings in German American Bancorp were worth $959,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Parallel Advisors LLC raised its position in German American Bancorp by 220.7% in the first quarter. Parallel Advisors LLC now owns 1,347 shares of the bank’s stock valued at $56,000 after purchasing an additional 927 shares during the period. Quadrant Capital Group LLC acquired a new position in German American Bancorp during the 3rd quarter worth approximately $72,000. Allworth Financial LP acquired a new position in German American Bancorp during the 2nd quarter worth approximately $133,000. Tower Research Capital LLC TRC boosted its holdings in German American Bancorp by 310.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,818 shares of the bank’s stock worth $109,000 after acquiring an additional 2,132 shares during the period. Finally, Field & Main Bank purchased a new position in German American Bancorp in the 2nd quarter worth approximately $142,000. 46.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

GABC has been the topic of a number of analyst reports. Keefe, Bruyette & Woods lifted their price objective on shares of German American Bancorp from $47.00 to $51.00 and gave the company a “market perform” rating in a research note on Thursday, July 30th. Raymond James Financial initiated coverage on shares of German American Bancorp in a report on Wednesday, July 8th. They set a “hold” rating for the company. Weiss Ratings upgraded shares of German American Bancorp from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, August 13th. Piper Sandler reissued an “overweight” rating and issued a $60.00 price objective (up from $51.00) on shares of German American Bancorp in a research report on Thursday, July 30th. Finally, Wall Street Zen raised German American Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $53.33.

German American Bancorp Price Performance

Shares of GABC opened at $49.92 on Monday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.14. German American Bancorp, Inc. has a 52 week low of $37.19 and a 52 week high of $52.23. The stock has a 50 day moving average of $48.94 and a 200-day moving average of $44.97. The firm has a market cap of $1.88 billion, a price-to-earnings ratio of 13.17 and a beta of 0.58.

German American Bancorp (NASDAQ:GABC) last issued its earnings results on Monday, July 27th. The bank reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.10. German American Bancorp had a net margin of 28.25% and a return on equity of 12.14%. The firm had revenue of $98.02 million for the quarter, compared to analysts’ expectations of $99.22 million. As a group, analysts forecast that German American Bancorp, Inc. will post 3.86 EPS for the current year.

German American Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Monday, August 10th were issued a $0.31 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.24 annualized dividend and a dividend yield of 2.5%. German American Bancorp’s dividend payout ratio (DPR) is 32.72%.

About German American Bancorp

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.