German American BancorpGABC
Market Cap: $1.14B
About: German American Bancorp Inc is a bank holding company. The Company's lines of business include Retail and commercial banking business which involves attracting deposits from the general public and using those funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. Wealth management services which involve providing trust, investment advisory, brokerage and retirement planning services to customers. Insurance operations include the offering of a full range of personal and corporate property and casualty insurance products.
Employees: 840
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
41% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 32
1.01% more ownership
Funds ownership: 49.37% [Q1] → 50.37% (+1.01%) [Q2]
4% more capital invested
Capital invested by funds: $506M [Q1] → $527M (+$21.4M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
1% less funds holding
Funds holding: 121 [Q1] → 120 (-1) [Q2]
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
35% less call options, than puts
Call options by funds: $32K | Put options by funds: $49K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Piper Sandler Nathan Race 81% 1-year accuracy 17 / 21 met price target | 14%upside $44 | Neutral Maintained | 1 Aug 2024 |
Raymond James David Long 82% 1-year accuracy 18 / 22 met price target | 14%upside $44 | Outperform Maintained | 31 Jul 2024 |