German American Bancorp Inc Q1 2018 Institutional Investor Sentiment Worse Than Expected

June 17, 2018 - By Adrian Mccoy

German American Bancorp, Inc. (NASDAQ:GABC) Logo

Sentiment for German American Bancorp Inc (NASDAQ:GABC)

German American Bancorp Inc (NASDAQ:GABC) institutional sentiment decreased to 0.91 in 2018 Q1. Its down -0.39, from 1.3 in 2017Q4. The ratio has dropped, as 30 active investment managers increased or opened new positions, while 33 decreased and sold holdings in German American Bancorp Inc. The active investment managers in our partner’s database reported: 8.13 million shares, down from 8.31 million shares in 2017Q4. Also, the number of active investment managers holding German American Bancorp Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 8 Reduced: 25 Increased: 24 New Position: 6.

German American Bancorp, Inc. operates as the bank holding firm for German American Bancorp that provides retail and commercial banking services. The company has market cap of $850.25 million. The firm operates through three divisions: Core Banking, Trust and Investment Advisory Services, and Insurance Operations. It has a 19.9 P/E ratio. The Core Banking segment attracts deposits from the general public; and originates consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, as well as sells residential mortgage loans in the secondary market.

The stock decreased 0.43% or $0.16 during the last trading session, reaching $37.02. About 72,803 shares traded or 56.10% up from the average. German American Bancorp, Inc. (NASDAQ:GABC) has risen 16.60% since June 17, 2017 and is uptrending. It has outperformed by 4.03% the S&P500.

Analysts await German American Bancorp, Inc. (NASDAQ:GABC) to report earnings on July, 30. They expect $0.49 earnings per share, up 13.95 % or $0.06 from last year’s $0.43 per share. GABC’s profit will be $11.25M for 18.89 P/E if the $0.49 EPS becomes a reality. After $0.45 actual earnings per share reported by German American Bancorp, Inc. for the previous quarter, Wall Street now forecasts 8.89 % EPS growth.

Lynch & Associates In holds 0.37% of its portfolio in German American Bancorp, Inc. for 29,023 shares. Champlain Investment Partners Llc owns 959,730 shares or 0.35% of their US portfolio. Moreover, Field & Main Bank has 0.13% invested in the company for 3,900 shares. The Massachusetts-based Btim Corp. has invested 0.11% in the stock. First Financial Corp In, a Indiana-based fund reported 4,497 shares.

Since January 1, 0001, it had 37 insider buys, and 0 selling transactions for $1.16 million activity.

German American Bancorp, Inc. (NASDAQ:GABC) Ratings Coverage

Ratings analysis reveals 0 of German American Bancorp’s analysts are positive. Out of 2 Wall Street analysts rating German American Bancorp, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $36.0 while the high is $38.0. The stock’s average target of $36 is -2.76% below today’s ($37.02) share price. GABC was included in 4 notes of analysts from December 21, 2017. As per Tuesday, February 13, the company rating was maintained by Sandler O’Neill. The rating was maintained by Sandler O’Neill on Wednesday, January 3 with “Hold”. Keefe Bruyette & Woods maintained the shares of GABC in report on Thursday, December 21 with “Hold” rating. Sandler O’Neill maintained it with “Hold” rating and $37.0 target in Tuesday, January 30 report.

More news for German American Bancorp, Inc. (NASDAQ:GABC) were recently published by: Nasdaq.com, which released: “Investor Expectations to Drive Momentum within The First of Long Island, Donegal Group, German American, QCR …” on May 24, 2018. Nasdaq.com‘s article titled: “German American Bancorp, Inc. (GABC) Announces Completion of 5 Branch Network Purchase” and published on May 21, 2018 is yet another important article.

German American Bancorp, Inc. (NASDAQ:GABC) Institutional Positions Chart

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