StockNews.com Upgrades Hawthorn Bancshares (NASDAQ:HWBK) to “Buy”

Hawthorn Bancshares (NASDAQ:HWBK) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday.

Hawthorn Bancshares Stock Performance

NASDAQ:HWBK opened at $27.98 on Tuesday. Hawthorn Bancshares has a fifty-two week low of $17.86 and a fifty-two week high of $35.95. The firm’s 50 day moving average is $30.77 and its two-hundred day moving average is $29.03. The company has a market cap of $211.39 million, a P/E ratio of 10.72 and a beta of 0.59. 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 (NASDAQ:HWBK) last released its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a return on equity of 13.00% and a net margin of 16.65%.

Insider Activity at Hawthorn Bancshares

In other Hawthorn Bancshares news, Director Jonathan Holtaway sold 2,682 shares of Hawthorn Bancshares stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $32.91, for a total transaction of $88,264.62. Following the sale, the director now directly owns 366,598 shares in the company, valued at $12,064,740.18. The trade was a 0.73 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 23.40% of the company’s stock.

Institutional Investors Weigh In On Hawthorn Bancshares

A number of institutional investors have recently modified their holdings of HWBK. Susquehanna International Group LLP raised its position in shares of Hawthorn Bancshares by 163.3% during the 4th quarter. Susquehanna International Group LLP now owns 81,309 shares of the financial services provider’s stock valued at $2,305,000 after acquiring an additional 50,429 shares in the last quarter. Bridgeway Capital Management LLC raised its holdings in shares of Hawthorn Bancshares by 0.7% during the fourth quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider’s stock worth $2,085,000 after purchasing an additional 477 shares during the period. Rhino Investment Partners Inc bought a new position in shares of Hawthorn Bancshares in the 4th quarter worth about $2,046,000. Geode Capital Management LLC boosted its holdings in shares of Hawthorn Bancshares by 11.3% in 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 buying an additional 6,955 shares during the period. Finally, Empowered Funds LLC grew its position in shares of Hawthorn Bancshares by 4.9% during the 4th quarter. Empowered Funds LLC now owns 28,496 shares of the financial services provider’s stock valued at $808,000 after buying an additional 1,327 shares during 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.