Hawthorn Bancshares (NASDAQ:HWBK) Cut to “Hold” at StockNews.com

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

Hawthorn Bancshares Stock Performance

NASDAQ HWBK opened at $31.61 on Thursday. The firm has a market cap of $220.95 million, a price-to-earnings ratio of 35.12 and a beta of 0.58. The company has a 50 day moving average of $30.56 and a 200-day moving average of $25.93. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00. Hawthorn Bancshares has a 1-year low of $17.86 and a 1-year high of $34.00.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.66 earnings per share for the quarter. Hawthorn Bancshares had a net margin of 5.67% and a return on equity of 4.46%.

Insider Buying and Selling at Hawthorn Bancshares

In related news, Director Frank E. Burkhead sold 3,000 shares of the firm’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $31.87, for a total transaction of $95,610.00. Following the sale, the director now directly owns 11,477 shares in the company, valued at $365,771.99. This trade represents a 20.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jonathan Holtaway sold 1,015 shares of the company’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $32.25, for a total value of $32,733.75. Following the transaction, the director now directly owns 390,004 shares of the company’s stock, valued at $12,577,629. This represents a 0.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 9,457 shares of company stock valued at $285,175. 23.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC boosted its position in shares of Hawthorn Bancshares by 11.3% during the third quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock worth $1,719,000 after buying an additional 6,955 shares during the period. Empowered Funds LLC raised its holdings in Hawthorn Bancshares by 5.2% during the third quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock worth $680,000 after acquiring an additional 1,340 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Hawthorn Bancshares by 36.5% during the second quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after acquiring an additional 6,700 shares in the last quarter. 30.73% of the stock is owned by institutional investors and hedge funds.

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.