German American Bancorp (NASDAQ:GABC) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

German American Bancorp, Inc. (NASDAQ:GABC) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $40.49 and traded as high as $44.53. German American Bancorp shares last traded at $44.43, with a volume of 184,811 shares.

Analyst Upgrades and Downgrades

GABC has been the subject of a number of analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of German American Bancorp in a report on Monday, December 29th. Keefe, Bruyette & Woods lifted their price objective on German American Bancorp from $45.00 to $46.00 and gave the company a “market perform” rating in a report on Wednesday, January 28th. Finally, Piper Sandler raised German American Bancorp from a “neutral” rating to an “overweight” rating and set a $47.00 price objective for the company in a report on Friday, March 20th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $46.50.

German American Bancorp Price Performance

The stock has a market capitalization of $1.67 billion, a P/E ratio of 14.66 and a beta of 0.59. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.16. The company has a fifty day simple moving average of $42.06 and a two-hundred day simple moving average of $40.49.

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

German American Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Tuesday, February 10th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $1.24 annualized dividend and a yield of 2.8%. This is an increase from German American Bancorp’s previous quarterly dividend of $0.29. German American Bancorp’s dividend payout ratio (DPR) is presently 40.92%.

Institutional Trading of German American Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue bought a new stake in German American Bancorp during the 3rd quarter worth about $58,000. Indiana Trust & Investment Management Co bought a new stake in German American Bancorp during the 3rd quarter worth about $68,000. Quadrant Capital Group LLC bought a new stake in German American Bancorp during the 3rd quarter worth about $72,000. MAI Capital Management raised its holdings 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 worth $90,000 after purchasing an additional 2,215 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in German American Bancorp by 310.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,818 shares of the bank’s stock worth $109,000 after purchasing an additional 2,132 shares during the last quarter. 46.90% of the stock is 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.