Hawthorn Bancshares (NASDAQ:HWBK) Stock Rating Upgraded by Wall Street Zen

Hawthorn Bancshares (NASDAQ:HWBK) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Hawthorn Bancshares in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Hawthorn Bancshares Trading Down 1.6%

Shares of HWBK opened at $31.90 on Friday. Hawthorn Bancshares has a fifty-two week low of $25.21 and a fifty-two week high of $36.49. The company has a market capitalization of $220.11 million, a PE ratio of 10.00 and a beta of 0.53. The stock has a fifty day moving average of $33.13 and a two-hundred day moving average of $31.27. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.06 and a current ratio of 1.06.

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

Hedge Funds Weigh In On Hawthorn Bancshares

Large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. grew its holdings in shares of Hawthorn Bancshares by 150.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 20,460 shares of the financial services provider’s stock worth $578,000 after purchasing an additional 12,299 shares during the period. Rhumbline Advisers acquired a new position in Hawthorn Bancshares during the second quarter valued at approximately $238,000. New York State Common Retirement Fund purchased a new stake in Hawthorn Bancshares during the second quarter worth approximately $108,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Hawthorn Bancshares during the second quarter worth approximately $93,000. Finally, Bank of America Corp DE increased its position in shares of Hawthorn Bancshares by 3,777.6% in the second quarter. Bank of America Corp DE now owns 2,598 shares of the financial services provider’s stock worth $76,000 after acquiring an additional 2,531 shares in the last quarter. 30.73% of the stock is currently 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.