Hawthorn Bancshares (NASDAQ:HWBK) Downgraded by StockNews.com to “Hold”

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

Hawthorn Bancshares Price Performance

Shares of HWBK opened at $29.46 on Friday. The company has a 50 day moving average of $29.88 and a 200-day moving average of $24.98. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $205.84 million, a P/E ratio of 32.73 and a beta of 0.58. Hawthorn Bancshares has a twelve month low of $17.86 and a twelve month high of $34.00.

Insider Transactions at Hawthorn Bancshares

In other Hawthorn Bancshares news, Director Jonathan Holtaway sold 1,015 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $32.25, for a total transaction of $32,733.75. Following the transaction, the director now owns 390,004 shares of the company’s stock, valued at $12,577,629. The trade was a 0.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Frank E. Burkhead sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $31.87, for a total value of $95,610.00. Following the sale, the director now owns 11,477 shares in the company, valued at approximately $365,771.99. This represents a 20.72 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,457 shares of company stock worth $285,175 in the last three months. Insiders own 23.40% of the company’s stock.

Hedge Funds Weigh In On Hawthorn Bancshares

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC lifted its stake in Hawthorn Bancshares by 11.3% in the third 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 during the last quarter. Empowered Funds LLC increased its stake in shares of Hawthorn Bancshares by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock worth $680,000 after purchasing an additional 1,340 shares during the last quarter. Finally, Renaissance Technologies LLC raised 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 purchasing an additional 6,700 shares during the period. 30.73% of the stock is owned by 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.