Hawthorn Bancshares (NASDAQ:HWBK) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Hawthorn Bancshares (NASDAQ:HWBK) from a hold rating to a buy rating in a research note issued to investors on Saturday.

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

Hawthorn Bancshares Stock Performance

NASDAQ HWBK opened at $32.85 on Friday. The company has a market cap of $226.67 million, a P/E ratio of 9.58 and a beta of 0.50. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a 50-day moving average of $33.70 and a two-hundred day moving average of $32.55. Hawthorn Bancshares has a 1-year low of $25.21 and a 1-year high of $36.49.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its quarterly earnings results on Wednesday, January 28th. The financial services provider reported $0.90 earnings per share (EPS) for the quarter. The company had revenue of $21.18 million for the quarter. Hawthorn Bancshares had a net margin of 21.26% and a return on equity of 15.03%.

Hawthorn Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Sunday, March 15th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, March 13th. This is a boost from Hawthorn Bancshares’s previous quarterly dividend of $0.20. Hawthorn Bancshares’s dividend payout ratio (DPR) is 23.32%.

Institutional Trading of Hawthorn Bancshares

Hedge funds have recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV lifted its stake in Hawthorn Bancshares by 44.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 32,430 shares of the financial services provider’s stock worth $1,131,000 after acquiring an additional 10,055 shares during the last quarter. Eagle Bluffs Wealth Management LLC increased its position in shares of Hawthorn Bancshares by 3.8% in the 4th quarter. Eagle Bluffs Wealth Management LLC now owns 13,747 shares of the financial services provider’s stock valued at $482,000 after purchasing an additional 497 shares during the last quarter. Barclays PLC raised its holdings in shares of Hawthorn Bancshares by 23.8% in the 4th quarter. Barclays PLC now owns 10,789 shares of the financial services provider’s stock valued at $376,000 after purchasing an additional 2,073 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Hawthorn Bancshares during the 4th quarter worth $50,000. Finally, State Street Corp lifted its position in shares of Hawthorn Bancshares by 6.6% during the 4th quarter. State Street Corp now owns 78,650 shares of the financial services provider’s stock worth $2,758,000 after purchasing an additional 4,871 shares during the last quarter. Institutional investors and hedge funds own 30.73% of the company’s stock.

Hawthorn Bancshares Company Profile

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.