StockNews.com Initiates Coverage on Hawthorn Bancshares (NASDAQ:HWBK)

Investment analysts at StockNews.com assumed coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a research report issued on Friday. The firm set a “buy” rating on the financial services provider’s stock.

Hawthorn Bancshares Stock Performance

Shares of NASDAQ:HWBK opened at $24.23 on Friday. 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 has a 1-year low of $15.02 and a 1-year high of $26.09. The stock has a market capitalization of $169.66 million, a P/E ratio of 80.77 and a beta of 0.55. The business has a 50-day moving average price of $23.12 and a two-hundred day moving average price of $21.12.

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

Institutional Investors Weigh In On Hawthorn Bancshares

Several large investors have recently made changes to their positions in HWBK. Empowered Funds LLC grew its holdings 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 in the last quarter. Vanguard Group Inc. increased its position in shares of Hawthorn Bancshares by 4.8% during the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after purchasing an additional 12,800 shares during the last quarter. Alexander Labrunerie & CO. Inc. bought a new stake in shares of Hawthorn Bancshares during the 1st quarter worth approximately $381,000. Finally, Renaissance Technologies LLC boosted its holdings 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 buying an additional 6,700 shares during the last quarter. Institutional investors 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.