Hawthorn Bancshares (NASDAQ:HWBK) Stock Rating Lowered by StockNews.com

Hawthorn Bancshares (NASDAQ:HWBKGet Free Report) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Wednesday.

Hawthorn Bancshares Price Performance

Shares of NASDAQ HWBK opened at $30.89 on Wednesday. Hawthorn Bancshares has a twelve month low of $17.86 and a twelve month high of $34.00. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00. The firm has a 50-day moving average of $25.76 and a two-hundred day moving average of $22.50. The company has a market capitalization of $215.92 million, a price-to-earnings ratio of 33.87 and a beta of 0.53.

Insider Buying and Selling

In other Hawthorn Bancshares news, Director Jonathan Holtaway sold 5,053 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $28.57, for a total transaction of $144,364.21. Following the sale, the director now directly owns 402,460 shares of the company’s stock, valued at $11,498,282.20. The trade was a 1.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 23.40% of the company’s stock.

Institutional Trading of Hawthorn Bancshares

Hedge funds have recently made changes to their positions in the stock. Alexander Labrunerie & CO. Inc. purchased a new stake in Hawthorn Bancshares in the 1st quarter worth approximately $381,000. Renaissance Technologies LLC boosted its position in shares of Hawthorn Bancshares by 36.5% in the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after purchasing an additional 6,700 shares during the last quarter. Empowered Funds LLC lifted its position in Hawthorn Bancshares by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock valued at $680,000 after acquiring an additional 1,340 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Hawthorn Bancshares by 11.3% in the 3rd quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock valued at $1,719,000 after buying an additional 6,955 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Hawthorn Bancshares by 4.8% in the first 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 owned by hedge funds and other institutional investors.

About Hawthorn Bancshares

(Get Free Report)

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.

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