Hawthorn Bancshares (NASDAQ:HWBK) Upgraded at StockNews.com

Hawthorn Bancshares (NASDAQ:HWBK) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Friday.

Hawthorn Bancshares Stock Down 0.3 %

Shares of NASDAQ HWBK opened at $32.70 on Friday. The business has a 50-day moving average price of $30.76 and a 200 day moving average price of $26.40. The stock has a market cap of $228.57 million, a PE ratio of 12.53 and a beta of 0.58. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00. Hawthorn Bancshares has a 52-week low of $17.86 and a 52-week high of $34.00.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its earnings results on Wednesday, January 22nd. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a net margin of 16.65% and a return on equity of 13.00%.

Insider Activity

In other Hawthorn Bancshares news, Director Frank E. Burkhead sold 3,000 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $31.87, for a total value of $95,610.00. Following the completion of the transaction, the director now directly owns 11,477 shares of the company’s stock, valued at $365,771.99. This represents a 20.72 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jonathan Holtaway sold 5,053 shares of the stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $28.57, for a total value of $144,364.21. Following the transaction, the director now owns 402,460 shares of the company’s stock, valued at approximately $11,498,282.20. This trade represents a 1.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,457 shares of company stock valued at $285,175 in the last three months. 23.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Hawthorn Bancshares

Several institutional investors and hedge funds have recently bought and sold shares of HWBK. CENTRAL TRUST Co raised its holdings in shares of Hawthorn Bancshares by 42.6% during the fourth quarter. CENTRAL TRUST Co now owns 7,368 shares of the financial services provider’s stock valued at $209,000 after buying an additional 2,200 shares during the last quarter. Alexander Labrunerie & CO. Inc. lifted its holdings in shares of Hawthorn Bancshares by 4.3% during the fourth quarter. Alexander Labrunerie & CO. Inc. now owns 15,214 shares of the financial services provider’s stock valued at $431,000 after purchasing an additional 625 shares during the last quarter. Renaissance Technologies LLC lifted 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 valued at $496,000 after acquiring an additional 6,700 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Hawthorn Bancshares by 5.2% in the third quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock worth $680,000 after buying an additional 1,340 shares during the period. Finally, Geode Capital Management LLC grew its stake in Hawthorn Bancshares by 11.3% during 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 acquiring an additional 6,955 shares in the last quarter. Institutional investors and hedge funds own 30.73% of the company’s stock.

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.