Hawthorn Bancshares (NASDAQ:HWBK) Cut to “Hold” at Wall Street Zen

Wall Street Zen lowered shares of Hawthorn Bancshares (NASDAQ:HWBK) from a buy rating to a hold rating in a report released on Sunday morning.

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Hawthorn Bancshares in a report on Monday, December 15th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Hawthorn Bancshares Stock Down 4.0%

Shares of NASDAQ:HWBK opened at $33.04 on Friday. The stock’s 50-day moving average price is $32.34 and its two-hundred day moving average price is $30.84. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.37. Hawthorn Bancshares has a 12-month low of $25.21 and a 12-month high of $36.49. The firm has a market cap of $227.98 million, a price-to-earnings ratio of 10.36 and a beta of 0.53.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $0.88 EPS for the quarter. Hawthorn Bancshares had a net margin of 20.09% and a return on equity of 14.22%. The company had revenue of $17.25 million during the quarter.

Hawthorn Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 1st. Stockholders of record on Monday, December 15th will be given a $0.20 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $0.80 annualized dividend and a dividend yield of 2.4%. Hawthorn Bancshares’s dividend payout ratio is presently 25.08%.

Institutional Trading of Hawthorn Bancshares

A number of institutional investors have recently added to or reduced their stakes in the business. 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 raised its holdings in shares of Hawthorn Bancshares by 3,777.6% during the 2nd quarter. Bank of America Corp DE now owns 2,598 shares of the financial services provider’s stock valued at $76,000 after buying an additional 2,531 shares during the period. JPMorgan Chase & Co. lifted its position in 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 acquiring an additional 2,606 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Hawthorn Bancshares in the 2nd quarter worth approximately $93,000. 30.73% of the stock is owned by hedge funds and other institutional investors.

About Hawthorn Bancshares

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.