Hawthorn Bancshares (NASDAQ:HWBK) Now Covered by StockNews.com

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

Hawthorn Bancshares Stock Performance

Shares of HWBK opened at $22.49 on Friday. The company has a 50-day moving average of $20.89 and a two-hundred day moving average of $20.45. The stock has a market cap of $157.47 million, a price-to-earnings ratio of 74.97 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. Hawthorn Bancshares has a one year low of $15.02 and a one year high of $26.00.

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. Hawthorn Bancshares had a net margin of 3.96% and a return on equity of 3.24%. The business had revenue of $18.17 million during the quarter.

Hawthorn Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Sunday, September 15th will be issued a dividend of $0.19 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.38%. Hawthorn Bancshares’s dividend payout ratio is 253.33%.

Hedge Funds Weigh In On Hawthorn Bancshares

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings 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 acquiring an additional 12,800 shares in the last quarter. Empowered Funds LLC boosted 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 during the last quarter. Renaissance Technologies LLC grew its stake 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 valued at $496,000 after purchasing an additional 6,700 shares in the last quarter. Finally, Alexander Labrunerie & CO. Inc. acquired a new position in Hawthorn Bancshares in the 1st quarter worth about $381,000. Institutional investors and hedge funds 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.