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

StockNews.com initiated coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a research note published on Friday. The brokerage issued a buy rating on the financial services provider’s stock.

Hawthorn Bancshares Trading Down 0.1 %

NASDAQ:HWBK opened at $21.88 on Friday. The company has a market cap of $153.20 million, a PE ratio of 72.93 and a beta of 0.56. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.16. The company has a 50 day simple moving average of $20.56 and a two-hundred day simple moving average of $20.56. Hawthorn Bancshares has a 12 month low of $15.02 and a 12 month high of $26.00.

Hawthorn Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Sunday, September 15th will be given a $0.19 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.76 annualized dividend and a yield of 3.47%. Hawthorn Bancshares’s payout ratio is 253.33%.

Institutional Investors Weigh In On Hawthorn Bancshares

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Eagle Bluffs Wealth Management LLC purchased a new stake in Hawthorn Bancshares during the first quarter valued at approximately $240,000. Alexander Labrunerie & CO. Inc. bought a new position in Hawthorn Bancshares in the 1st quarter worth $381,000. Empowered Funds LLC lifted 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 valued at $491,000 after purchasing an additional 1,750 shares in the last quarter. Renaissance Technologies LLC increased its position in 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 buying an additional 6,700 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Hawthorn Bancshares by 4.8% during the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock valued at $5,686,000 after buying an additional 12,800 shares in the last quarter. Hedge funds and other institutional investors 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.