German American Bancorp, Inc. $GABC Stock Position Increased by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. raised its position in shares of German American Bancorp, Inc. (NASDAQ:GABC) by 15.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 233,513 shares of the bank’s stock after purchasing an additional 30,612 shares during the period. Deprince Race & Zollo Inc.’s holdings in German American Bancorp were worth $9,759,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in German American Bancorp by 4.1% in the 4th quarter. Vanguard Group Inc. now owns 2,281,704 shares of the bank’s stock worth $89,397,000 after purchasing an additional 90,203 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of German American Bancorp by 3.6% during the third quarter. Franklin Resources Inc. now owns 1,847,234 shares of the bank’s stock valued at $72,541,000 after buying an additional 64,338 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of German American Bancorp by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,414,363 shares of the bank’s stock valued at $55,415,000 after buying an additional 23,644 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of German American Bancorp by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,188,331 shares of the bank’s stock worth $46,560,000 after buying an additional 7,142 shares during the period. Finally, German American Bancorp Inc. boosted its position in shares of German American Bancorp by 59.6% during the fourth quarter. German American Bancorp Inc. now owns 954,287 shares of the bank’s stock worth $37,389,000 after buying an additional 356,382 shares during the period. Institutional investors own 46.90% of the company’s stock.

German American Bancorp Stock Performance

Shares of NASDAQ GABC opened at $47.60 on Friday. The stock has a fifty day moving average price of $44.28 and a two-hundred day moving average price of $42.52. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market cap of $1.79 billion, a P/E ratio of 13.19 and a beta of 0.59. German American Bancorp, Inc. has a 1 year low of $36.56 and a 1 year high of $48.94.

German American Bancorp (NASDAQ:GABC) last posted its quarterly earnings data on Monday, April 27th. The bank reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.02). German American Bancorp had a return on equity of 11.98% and a net margin of 27.09%.The firm had revenue of $97.43 million during the quarter, compared to the consensus estimate of $95.84 million. Research analysts forecast that German American Bancorp, Inc. will post 3.71 EPS for the current fiscal year.

German American Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Sunday, May 10th were given a dividend of $0.31 per share. The ex-dividend date was Friday, May 8th. This represents a $1.24 annualized dividend and a dividend yield of 2.6%. German American Bancorp’s dividend payout ratio (DPR) is 34.35%.

Analyst Ratings Changes

Several research firms recently commented on GABC. Weiss Ratings restated a “buy (b)” rating on shares of German American Bancorp in a research report on Monday, June 1st. Wall Street Zen raised German American Bancorp from a “sell” rating to a “hold” rating in a report on Sunday, May 17th. Keefe, Bruyette & Woods lifted their price objective on shares of German American Bancorp from $46.00 to $47.00 and gave the company a “market perform” rating in a research note on Wednesday, April 29th. Stephens lifted their price objective on shares of German American Bancorp from $47.00 to $49.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Piper Sandler raised shares of 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. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $47.67.

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.