German American Bancorp., Inc. (NASDAQ:GABC) Director Zachary W. Bawel Acquires 382 Shares

German American Bancorp., Inc. (NASDAQ:GABC) Director Zachary W. Bawel acquired 382 shares of German American Bancorp. stock in a transaction dated Thursday, August 15th. The stock was bought at an average price of $30.24 per share, for a total transaction of $11,551.68. Following the completion of the transaction, the director now directly owns 700 shares of the company’s stock, valued at $21,168. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Zachary W. Bawel also recently made the following trade(s):

  • On Monday, June 17th, Zachary W. Bawel bought 47 shares of German American Bancorp. stock. The stock was acquired at an average price of $29.52 per share, with a total value of $1,387.44.

German American Bancorp. stock traded up $0.15 during trading on Monday, hitting $30.96. The company’s stock had a trading volume of 827 shares, compared to its average volume of 72,577. The stock has a market capitalization of $828.59 million, a price-to-earnings ratio of 14.46 and a beta of 0.88. The stock’s fifty day moving average is $30.27 and its 200 day moving average is $29.86. German American Bancorp., Inc. has a 1-year low of $26.20 and a 1-year high of $38.20. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.90 and a current ratio of 0.90.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 20th. Investors of record on Saturday, August 10th will be paid a $0.17 dividend. The ex-dividend date is Thursday, August 8th. This represents a $0.68 annualized dividend and a yield of 2.20%. German American Bancorp.’s payout ratio is currently 31.78%.

Several equities analysts recently commented on GABC shares. Hovde Group lowered German American Bancorp. from an “outperform” rating to a “market perform” rating and set a $34.00 target price for the company. in a research note on Monday, August 5th. Zacks Investment Research upgraded German American Bancorp. from a “sell” rating to a “hold” rating in a research note on Monday, August 5th. Finally, BidaskClub upgraded German American Bancorp. from a “sell” rating to a “hold” rating in a research note on Saturday, July 27th.

A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in German American Bancorp. by 3.9% in the second quarter. BlackRock Inc. now owns 1,659,282 shares of the bank’s stock valued at $49,977,000 after purchasing an additional 62,219 shares during the last quarter. Champlain Investment Partners LLC increased its stake in German American Bancorp. by 2.8% during the first quarter. Champlain Investment Partners LLC now owns 1,067,370 shares of the bank’s stock worth $31,381,000 after acquiring an additional 28,625 shares during the last quarter. Vanguard Group Inc. increased its stake in German American Bancorp. by 8.4% during the second quarter. Vanguard Group Inc. now owns 1,059,305 shares of the bank’s stock worth $31,907,000 after acquiring an additional 81,740 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in German American Bancorp. by 2.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 924,126 shares of the bank’s stock worth $25,663,000 after acquiring an additional 20,077 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in German American Bancorp. by 4.7% during the first quarter. The Manufacturers Life Insurance Company now owns 551,633 shares of the bank’s stock worth $16,218,000 after acquiring an additional 24,955 shares during the last quarter. Hedge funds and other institutional investors own 37.34% of the company’s stock.

About German American Bancorp.

German American Bancorp, Inc operates as the bank holding company for German American Bancorp that provides retail and commercial banking services. The company operates through three segments: Core Banking, Trust and Investment Advisory Services, and Insurance Operations. The Core Banking segment accepts various 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.

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Insider Buying and Selling by Quarter for German American Bancorp. (NASDAQ:GABC)

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