German American Bancorp (NASDAQ:GABC) Stock Crosses Above 200 Day Moving Average – Time to Sell?

German American Bancorp, Inc. (NASDAQ:GABC) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $40.41 and traded as high as $40.59. German American Bancorp shares last traded at $40.26, with a volume of 105,188 shares.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on GABC. Keefe, Bruyette & Woods upped their target price on shares of German American Bancorp from $45.00 to $46.00 and gave the company a “market perform” rating in a report on Wednesday, January 28th. Piper Sandler lifted their price target on shares of German American Bancorp from $44.00 to $47.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of German American Bancorp in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $46.50.

German American Bancorp Trading Up 0.5%

The stock has a 50 day moving average of $41.59 and a 200-day moving average of $40.41. The company has a market capitalization of $1.51 billion, a P/E ratio of 13.29 and a beta of 0.65. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.16.

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

German American Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Tuesday, February 10th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Tuesday, February 10th. This is a positive change from German American Bancorp’s previous quarterly dividend of $0.29. German American Bancorp’s payout ratio is 40.92%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GABC. State of Alaska Department of Revenue bought a new stake in German American Bancorp during the third quarter valued at about $58,000. Indiana Trust & Investment Management Co purchased a new stake in shares of German American Bancorp during the third quarter worth about $68,000. Quadrant Capital Group LLC purchased a new stake in shares of German American Bancorp during the third quarter worth about $72,000. MAI Capital Management raised its stake in German American Bancorp by 2,605.9% during 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, Allworth Financial LP raised its stake in German American Bancorp by 4,548.3% during the 2nd quarter. Allworth Financial LP now owns 2,696 shares of the bank’s stock valued at $104,000 after purchasing an additional 2,638 shares during the period. Hedge funds and other institutional investors own 46.90% of the company’s stock.

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.