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 report sent to investors on Sunday morning. The firm issued a buy rating on the financial services provider’s stock.

Hawthorn Bancshares Price Performance

NASDAQ:HWBK opened at $23.83 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.07. Hawthorn Bancshares has a 52 week low of $15.02 and a 52 week high of $26.00. The stock’s 50-day moving average price is $21.34 and its 200-day moving average price is $20.50. The stock has a market capitalization of $166.86 million, a PE ratio of 79.43 and a beta of 0.56.

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

Hawthorn Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Sunday, September 15th will be given a $0.19 dividend. The ex-dividend date is Friday, September 13th. This represents a $0.76 annualized dividend and a dividend yield of 3.19%. Hawthorn Bancshares’s dividend payout ratio (DPR) is 253.33%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Empowered Funds LLC increased its position in shares of 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 in the last quarter. 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 worth $5,686,000 after purchasing an additional 12,800 shares during the last quarter. Alexander Labrunerie & CO. Inc. purchased a new stake in shares of Hawthorn Bancshares during the first quarter worth $381,000. Finally, Renaissance Technologies LLC raised its position 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 valued at $496,000 after buying an additional 6,700 shares during the last quarter. Institutional investors and hedge funds 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.