Hawthorn Bancshares (NASDAQ:HWBK) Earns Buy Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a research report sent to investors on Wednesday morning. The firm issued a buy rating on the financial services provider’s stock.

Hawthorn Bancshares Trading Down 1.1 %

Shares of HWBK stock opened at $24.94 on Wednesday. The business’s 50 day moving average is $22.75 and its two-hundred day moving average is $20.89. Hawthorn Bancshares has a twelve month low of $15.02 and a twelve month high of $26.09. The company has a market capitalization of $174.59 million, a P/E ratio of 83.12 and a beta of 0.55. 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 (NASDAQ:HWBK) last posted its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $0.66 earnings per share for the quarter. Hawthorn Bancshares had a return on equity of 3.19% and a net margin of 3.96%. The firm had revenue of $18.17 million for the quarter.

Hawthorn Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Sunday, September 15th will be paid a $0.19 dividend. 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 3.05%. Hawthorn Bancshares’s dividend payout ratio (DPR) is presently 253.33%.

Institutional Trading of Hawthorn Bancshares

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in Hawthorn Bancshares by 4.8% during the first 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 in the last quarter. Empowered Funds LLC boosted its position 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 worth $491,000 after purchasing an additional 1,750 shares in the last quarter. Renaissance Technologies LLC boosted its position 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 purchasing an additional 6,700 shares in the last quarter. Finally, Alexander Labrunerie & CO. Inc. purchased a new stake in Hawthorn Bancshares during the first quarter worth $381,000. 30.73% of the stock is currently 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.