SG Americas Securities LLC Buys Shares of 127,172 German American Bancorp, Inc. $GABC

SG Americas Securities LLC purchased a new position in German American Bancorp, Inc. (NASDAQ:GABC) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 127,172 shares of the bank’s stock, valued at approximately $4,983,000.

Several other hedge funds also recently modified their holdings of GABC. State of Alaska Department of Revenue acquired a new stake in shares of German American Bancorp in the third quarter worth $58,000. Indiana Trust & Investment Management Co acquired a new position in German American Bancorp during the 3rd quarter valued at $68,000. Quadrant Capital Group LLC acquired a new position in German American Bancorp during the 3rd quarter valued at $72,000. MAI Capital Management boosted its holdings in German American Bancorp by 2,605.9% in the 3rd quarter. MAI Capital Management now owns 2,300 shares of the bank’s stock valued at $90,000 after purchasing an additional 2,215 shares during the period. Finally, 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 valued at $109,000 after purchasing an additional 2,132 shares during the period. 46.90% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on GABC shares. Weiss Ratings restated a “buy (b-)” rating on shares of German American Bancorp in a report on Monday, December 29th. Piper Sandler upgraded shares of German American Bancorp from a “neutral” rating to an “overweight” rating and set a $47.00 target price for the company in a research note on Friday, March 20th. Finally, Keefe, Bruyette & Woods lifted their target price on German American Bancorp from $45.00 to $46.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 28th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.50.

German American Bancorp Stock Up 1.2%

Shares of GABC stock opened at $42.28 on Thursday. German American Bancorp, Inc. has a one year low of $32.75 and a one year high of $45.00. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a fifty day moving average price of $41.81 and a 200 day moving average price of $40.39. The stock has a market cap of $1.59 billion, a P/E ratio of 13.95 and a beta of 0.65.

German American Bancorp (NASDAQ:GABC) last announced its quarterly earnings data on Monday, January 26th. The bank reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.06. The company had revenue of $97.85 million during the quarter, compared to analysts’ expectations of $94.67 million. German American Bancorp had a net margin of 23.11% and a return on equity of 11.80%. Analysts predict that German American Bancorp, Inc. will post 3.06 earnings per share for the current year.

German American Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Tuesday, February 10th were paid a $0.31 dividend. The ex-dividend date of this dividend was Tuesday, February 10th. This is an increase from German American Bancorp’s previous quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized basis and a yield of 2.9%. German American Bancorp’s payout ratio is presently 40.92%.

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.