Horizon BancorpHBNC
About: Horizon Bancorp (IN) is a United States-based holding company providing banking services. It is engaged in providing commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. The company also provides commercial loans, real estate loans, mortgage warehouse loans, consumer loans, and other credit facilities. The company has one principal business segment, commercial banking.
Employees: 876
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
102,600% more call options, than puts
Call options by funds: $1.03M | Put options by funds: $1K
30% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 44
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
3% more funds holding
Funds holding: 155 [Q1] → 160 (+5) [Q2]
1.44% more ownership
Funds ownership: 65.52% [Q1] → 66.95% (+1.44%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
1% less capital invested
Capital invested by funds: $371M [Q1] → $365M (-$5.27M) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Hovde Group | 15%upside $18 | Outperform Initiated | 30 Sept 2024 |
Keefe, Bruyette & Woods Damon Delmonte 57% 1-year accuracy 8 / 14 met price target | 2%upside $16 | Market Perform Maintained | 29 Jul 2024 |
Piper Sandler Nathan Race 68% 1-year accuracy 13 / 19 met price target | 15%upside $18 | Neutral Maintained | 29 Jul 2024 |