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

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

Hawthorn Bancshares Trading Up 1.3 %

Shares of HWBK stock opened at $23.75 on Friday. The stock has a fifty day simple moving average of $21.11 and a two-hundred day simple moving average of $20.46. Hawthorn Bancshares has a 52-week low of $15.02 and a 52-week high of $26.00. The firm has a market capitalization of $166.01 million, a PE ratio of 79.17 and a beta of 0.56. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.01 and a current ratio of 1.01.

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

Hawthorn Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Sunday, September 15th will be given a dividend of $0.19 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.20%. Hawthorn Bancshares’s dividend payout ratio is 253.33%.

Hedge Funds Weigh In On Hawthorn Bancshares

Several institutional investors have recently bought and sold shares of HWBK. Alexander Labrunerie & CO. Inc. purchased a new position in shares of Hawthorn Bancshares during the first quarter valued at about $381,000. Empowered Funds LLC boosted its stake in Hawthorn Bancshares by 7.9% during 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 last quarter. Renaissance Technologies LLC grew its holdings in Hawthorn Bancshares by 36.5% during the 2nd 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. increased its stake in Hawthorn Bancshares by 4.8% in the 1st 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. 30.73% of the stock is owned by hedge funds and other institutional investors.

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.