Hawthorn Bancshares (NASDAQ:HWBK) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a research report released on Thursday. The firm issued a buy rating on the financial services provider’s stock.

Hawthorn Bancshares Stock Performance

NASDAQ:HWBK opened at $21.96 on Thursday. The company’s 50-day moving average is $22.98 and its two-hundred day moving average is $21.05. Hawthorn Bancshares has a 1-year low of $15.02 and a 1-year high of $26.09. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market capitalization of $153.76 million, a price-to-earnings ratio of 73.20 and a beta of 0.55.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its quarterly earnings data on Tuesday, July 30th. The financial services provider reported $0.66 earnings per share for the quarter. Hawthorn Bancshares had a return on equity of 3.19% and a net margin of 3.96%. The company had revenue of $18.17 million during the quarter.

Hawthorn Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Sunday, September 15th were given a $0.19 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.76 dividend on an annualized basis and a yield of 3.46%. Hawthorn Bancshares’s payout ratio is currently 253.33%.

Institutional Investors Weigh In On Hawthorn Bancshares

A number of institutional investors have recently made changes to their positions in HWBK. Alexander Labrunerie & CO. Inc. purchased a new position in shares of Hawthorn Bancshares during the 1st quarter worth approximately $381,000. Empowered Funds LLC boosted its position in shares of Hawthorn Bancshares by 7.9% during the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after buying an additional 1,750 shares during the period. Renaissance Technologies LLC grew its stake in shares of Hawthorn Bancshares by 36.5% in the second quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after buying an additional 6,700 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Hawthorn Bancshares by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock valued at $5,686,000 after buying an additional 12,800 shares during the period. 30.73% of the stock is currently owned by institutional investors and hedge funds.

Hawthorn Bancshares Company Profile

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in the United States. It accepts checking, savings, money market, individual retirement, and other time deposit accounts, as well as certificates of deposit. The company also offers commercial and industrial, single payment personal, installment, commercial and residential real estate, and consumer loans, as well as equipment, operating, and small business administration loans; and debit and credit cards.