Hawthorn Bancshares (NASDAQ:HWBK) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a research note released on Thursday. The firm issued a buy rating on the financial services provider’s stock.

Hawthorn Bancshares Stock Down 2.3 %

NASDAQ HWBK traded down $0.50 on Thursday, reaching $21.17. The company had a trading volume of 1,334 shares, compared to its average volume of 11,606. The firm has a market capitalization of $148.23 million, a PE ratio of 72.20 and a beta of 0.56. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a 50-day moving average of $20.30 and a 200-day moving average of $20.78. Hawthorn Bancshares has a 1 year low of $15.02 and a 1 year high of $26.00.

Hawthorn Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Sunday, September 15th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 3.59%. The ex-dividend date is Friday, September 13th. Hawthorn Bancshares’s dividend payout ratio (DPR) is currently 253.33%.

Hedge Funds Weigh In On Hawthorn Bancshares

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake 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 during the last quarter. Renaissance Technologies LLC lifted its stake 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 during the last quarter. Empowered Funds LLC lifted its stake 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 during the last quarter. Alexander Labrunerie & CO. Inc. bought a new position in Hawthorn Bancshares during the first quarter worth $381,000. Finally, Eagle Bluffs Wealth Management LLC bought a new position in Hawthorn Bancshares during the first quarter worth $240,000. 30.73% of the stock is currently owned by hedge funds and other institutional investors.

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.