Institutional Investor’s Pro-German American Bancorp Inc (NASDAQ:GABC) Sentiment In Q2 2018

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

Sentiment for German American Bancorp Inc (NASDAQ:GABC)

German American Bancorp Inc (NASDAQ:GABC) institutional sentiment increased to 1.29 in Q2 2018. Its up 0.38, from 0.91 in 2018Q1. The ratio is better, as 36 active investment managers increased and started new holdings, while 28 cut down and sold their holdings in German American Bancorp Inc. The active investment managers in our partner’s database now own: 8.55 million shares, up from 8.13 million shares in 2018Q1. Also, the number of active investment managers holding German American Bancorp Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 24 Increased: 23 New Position: 13.

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 $735.79 million. The firm operates through three divisions: Core Banking, Trust and Investment Advisory Services, and Insurance Operations. It has a 14.38 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 increased 0.51% or $0.15 during the last trading session, reaching $29.48. About 47,588 shares traded or 39.94% up from the average. German American Bancorp, Inc. (NASDAQ:GABC) has risen 10.87% since December 8, 2017 and is uptrending. It has underperformed by 4.75% the S&P500.

Analysts await German American Bancorp, Inc. (NASDAQ:GABC) to report earnings on February, 4. They expect $0.52 earnings per share, up 26.83 % or $0.11 from last year’s $0.41 per share. GABC’s profit will be $12.98 million for 14.17 P/E if the $0.52 EPS becomes a reality. After $0.55 actual earnings per share reported by German American Bancorp, Inc. for the previous quarter, Wall Street now forecasts -5.45 % negative EPS growth.

Opus Capital Group Llc holds 0.57% of its portfolio in German American Bancorp, Inc. for 64,531 shares. Morgan Dempsey Capital Management Llc owns 34,724 shares or 0.49% of their US portfolio. Moreover, Champlain Investment Partners Llc has 0.38% invested in the company for 1.10 million shares. The Indiana-based Lynch & Associates In has invested 0.37% in the stock. Delta Capital Management Llc, a New York-based fund reported 5,782 shares.

Since January 1, 0001, it had 26 insider buys, and 0 insider sales for $1.51 million activity.

More notable recent German American Bancorp, Inc. (NASDAQ:GABC) news were published by: Globenewswire.com which released: “German American Bancorp, Inc. and First Security, Inc. Announce Definitive Merger Agreement – GlobeNewswire” on May 22, 2018, also Seekingalpha.com with their article: “28 Dividend Increases: April 24-28, 2017 (Part 1: Financials) – Seeking Alpha” published on April 30, 2017, Globenewswire.com published: “German American Bancorp, Inc. (GABC) Announces Three-for-Two Stock Split – GlobeNewswire” on March 27, 2017. More interesting news about German American Bancorp, Inc. (NASDAQ:GABC) were released by: Nasdaq.com and their article: “LendingTree (TREE) Acquires QuoteWizard.com for $370.2M – Nasdaq” published on November 01, 2018 as well as Bizjournals.com‘s news article titled: “EXCLUSIVE: Kaelin’s restaurant site sold; buyer pledges complete overhaul – Louisville Business First” with publication date: March 16, 2016.

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

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