Hawthorn Bancshares (NASDAQ:HWBK) Coverage Initiated by Analysts at StockNews.com

by · The Markets Daily

StockNews.com began coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK – Free Report) in a research report released on Sunday. The brokerage issued a buy rating on the financial services provider’s stock.

Hawthorn Bancshares Stock Performance

NASDAQ:HWBK opened at $25.74 on Friday. The business has a 50 day moving average of $23.77 and a 200 day moving average of $21.37. The company has a market capitalization of $180.23 million, a price-to-earnings ratio of 85.80 and a beta of 0.55. Hawthorn Bancshares has a 1-year low of $15.80 and a 1-year high of $26.24. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.01 and a quick ratio of 1.01.

Hawthorn Bancshares (NASDAQ:HWBK – Get Free Report) last released its earnings results on Tuesday, July 30th. The financial services provider reported $0.66 earnings per share for the quarter. The company had revenue of $18.17 million during the quarter. Hawthorn Bancshares had a return on equity of 3.19% and a net margin of 3.96%.

Hawthorn Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Sunday, September 15th were given a $0.19 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.76 annualized dividend and a yield of 2.95%. Hawthorn Bancshares’s payout ratio is currently 253.33%.

Hedge Funds Weigh In On Hawthorn Bancshares

Hedge funds have recently made changes to their positions in the business. Empowered Funds LLC grew its stake in shares of Hawthorn Bancshares by 7.9% in the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after acquiring an additional 1,750 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of Hawthorn Bancshares by 36.5% in 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 during the last quarter. Vanguard Group Inc. grew its stake in shares of Hawthorn Bancshares by 4.8% in the first quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after acquiring an additional 12,800 shares during the last quarter. Finally, Alexander Labrunerie & CO. Inc. purchased a new stake in shares of Hawthorn Bancshares in the first quarter worth $381,000. 30.73% of the stock is owned by hedge funds and other institutional investors.

About Hawthorn Bancshares

(Get Free Report)

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.

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