Horizon Bancorp (HBNC)

• Market cap: $596M
• 1 day: 1.42%
• 5 days: 5.61%
• 1 month: -13.14%
• 3 months: -14.40%
• 6 months: -14.62%
• Year to date: -14.40%
• 1 year: 20.02%
• 5 years: 34.83%
• 10 years: 32.97%
• Sector: Financials
• Industry: Banks - Regional

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: 862

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

12,580% more call options, than puts

Call options by funds: $634K | Put options by funds: $5K

146% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 13

60% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 42

10% more funds holding

Funds holding: 164 [Q3] → 180 (+16) [Q4]

7% more capital invested

Capital invested by funds: $458M [Q3] → $491M (+$33.6M) [Q4]

2.38% more ownership

Funds ownership: 67.36% [Q3] → 69.74% (+2.38%) [Q4]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $19 40% upside
• Avg. target: $19 40% upside
• High target: $19 40% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Piper Sandler Nathan Race 24% 1-year accuracy 6 / 25 met price target

40% upside $19

Neutral Maintained

27 Jan 2025