Hawthorn Bancshares (NASDAQ:HWBK) Upgraded to Buy at Wall Street Zen
by Scott Moore · The Cerbat GemWall Street Zen upgraded shares of Hawthorn Bancshares (NASDAQ:HWBK – Free Report) from a hold rating to a buy rating in a research note released on Saturday morning.
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Hawthorn Bancshares in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.
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Hawthorn Bancshares Trading Down 1.6%
Hawthorn Bancshares stock opened at $31.90 on Friday. Hawthorn Bancshares has a one year low of $25.21 and a one year high of $36.49. The stock has a market cap of $220.05 million, a PE ratio of 10.00 and a beta of 0.53. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a 50-day moving average of $33.13 and a two-hundred day moving average of $31.24.
Hawthorn Bancshares (NASDAQ:HWBK – Get Free Report) last released its earnings results on Wednesday, October 29th. The financial services provider reported $0.88 EPS for the quarter. The company had revenue of $17.25 million during the quarter. Hawthorn Bancshares had a net margin of 20.09% and a return on equity of 14.22%.
Hawthorn Bancshares Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 1st. Stockholders of record on Monday, December 15th were given a dividend of $0.20 per share. The ex-dividend date was Monday, December 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.5%. Hawthorn Bancshares’s dividend payout ratio (DPR) is 25.08%.
Hedge Funds Weigh In On Hawthorn Bancshares
A number of hedge funds have recently bought and sold shares of HWBK. BNP Paribas Financial Markets acquired a new stake in Hawthorn Bancshares in the 2nd quarter valued at $25,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of Hawthorn Bancshares in the second quarter valued at about $37,000. Bank of America Corp DE increased its stake in shares of Hawthorn Bancshares by 3,777.6% during the second quarter. Bank of America Corp DE now owns 2,598 shares of the financial services provider’s stock worth $76,000 after purchasing an additional 2,531 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Hawthorn Bancshares by 1,725.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,757 shares of the financial services provider’s stock worth $80,000 after purchasing an additional 2,606 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Hawthorn Bancshares in the 2nd quarter valued at about $93,000. Hedge funds and other institutional investors own 30.73% of the company’s stock.
Hawthorn Bancshares Company Profile
Hawthorn Bancshares, Inc is the bank holding company for Hawthorn Bank, a community-focused financial institution headquartered in Aurora, Missouri. Through its wholly owned subsidiary, the company provides a comprehensive range of banking and financial services to individuals, small businesses, agricultural enterprises and commercial clients across southwest Missouri and select markets in nearby states. Hawthorn Bank operates a network of full-service branches and digital banking platforms designed to meet the evolving needs of its customers.
The company’s core offerings include deposit products such as checking, savings and money market accounts, as well as consumer lending solutions comprising residential mortgages, home equity lines of credit, auto loans and personal loans.