Hawthorn Bancshares (NASDAQ:HWBK) Research Coverage Started at StockNews.com

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

Hawthorn Bancshares Stock Down 0.4 %

HWBK opened at $21.96 on Thursday. The stock’s 50 day moving average price is $22.98 and its 200 day moving average price is $21.04. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market cap of $153.76 million, a P/E ratio of 73.20 and a beta of 0.55. Hawthorn Bancshares has a 12 month low of $15.02 and a 12 month high of $26.09.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $0.66 EPS for the quarter. The company had revenue of $18.17 million for the quarter. Hawthorn Bancshares had a return on equity of 3.19% and a net margin of 3.96%.

Hawthorn Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Sunday, September 15th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend was Friday, September 13th. Hawthorn Bancshares’s dividend payout ratio (DPR) is presently 253.33%.

Institutional Investors Weigh In On Hawthorn Bancshares

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in 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 purchasing an additional 12,800 shares in the last quarter. Empowered Funds LLC boosted 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 valued at $491,000 after buying an additional 1,750 shares in the last quarter. Renaissance Technologies LLC grew its holdings 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 acquiring an additional 6,700 shares during the period. Finally, Alexander Labrunerie & CO. Inc. bought a new stake in Hawthorn Bancshares in the first quarter worth about $381,000. Institutional investors own 30.73% of the company’s stock.

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.