Hawthorn Bancshares (NASDAQ:HWBK) Receives New Coverage from Analysts at StockNews.com

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

Hawthorn Bancshares Stock Performance

Hawthorn Bancshares stock opened at $24.00 on Friday. The stock has a fifty day moving average price of $23.43 and a 200 day moving average price of $21.23. Hawthorn Bancshares has a 52 week low of $15.02 and a 52 week high of $26.09. The firm has a market capitalization of $168.05 million, a P/E ratio of 80.00 and a beta of 0.55. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.07.

Hawthorn Bancshares (NASDAQ:HWBK) last announced 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 net margin of 3.96% and a return on equity of 3.19%. The business had revenue of $18.17 million for the quarter.

Hawthorn Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Sunday, September 15th were paid a dividend of $0.19 per share. The ex-dividend date was Friday, September 13th. This represents a $0.76 annualized dividend and a dividend yield of 3.17%. Hawthorn Bancshares’s dividend payout ratio is presently 253.33%.

Institutional Inflows and Outflows

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

About Hawthorn Bancshares

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.