German American Bancorp (NASDAQ:GABC) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

German American Bancorp, Inc. (NASDAQ:GABC)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $40.37 and traded as high as $41.47. German American Bancorp shares last traded at $41.19, with a volume of 174,100 shares.

Wall Street Analyst Weigh In

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

German American Bancorp Trading Down 0.8%

The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market cap of $1.54 billion, a P/E ratio of 13.59 and a beta of 0.65. The stock has a 50-day moving average price of $41.73 and a 200-day moving average price of $40.37.

German American Bancorp (NASDAQ:GABC) last posted 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 company had revenue of $97.85 million for 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%. On average, equities research analysts expect that German American Bancorp, Inc. will post 3.06 EPS for the current year.

German American Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Tuesday, February 10th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend 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 currently 40.92%.

Institutional Trading of German American Bancorp

Hedge funds have recently made changes to their positions in the stock. State of Alaska Department of Revenue bought a new stake in shares of German American Bancorp during the 3rd quarter worth $58,000. Indiana Trust & Investment Management Co bought a new position in German American Bancorp in the third quarter valued at $68,000. Quadrant Capital Group LLC purchased a new stake in German American Bancorp during the third quarter valued at about $72,000. MAI Capital Management raised its position in German American Bancorp by 2,605.9% during the third 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 in the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in German American Bancorp by 310.8% during the second 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.

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.