Hawthorn Bancshares, Inc. (NASDAQ:HWBK – Get Free Report) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 68,841 shares, a growth of 15.3% from the February 12th total of 59,731 shares. Based on an average daily volume of 4,451 shares, the short-interest ratio is currently 15.5 days. Currently, 1.3% of the shares of the stock are short sold. Currently, 1.3% of the shares of the stock are short sold. Based on an average daily volume of 4,451 shares, the short-interest ratio is currently 15.5 days.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Hawthorn Bancshares in a research note on Monday, December 29th. Wall Street Zen raised shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.
Read Our Latest Report on HWBK
Hawthorn Bancshares Price Performance
Hawthorn Bancshares (NASDAQ:HWBK – Get Free Report) last released its earnings results on Wednesday, January 28th. The financial services provider reported $0.90 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a return on equity of 14.66% and a net margin of 21.26%.The firm had revenue of $21.18 million for the quarter.
Hawthorn Bancshares Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Sunday, March 15th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from Hawthorn Bancshares’s previous quarterly dividend of $0.20. Hawthorn Bancshares’s payout ratio is currently 24.49%.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets bought a new position in Hawthorn Bancshares during the 2nd quarter worth $25,000. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Hawthorn Bancshares in the 2nd quarter valued at about $37,000. Kestra Advisory Services LLC bought a new stake in shares of Hawthorn Bancshares in the 4th quarter valued at about $50,000. Bank of America Corp DE increased its stake 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 valued at $76,000 after buying an additional 2,531 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of Hawthorn Bancshares by 1,725.8% in the second quarter. JPMorgan Chase & Co. now owns 2,757 shares of the financial services provider’s stock valued at $80,000 after buying an additional 2,606 shares during the period. 30.73% of the stock is currently owned by institutional investors and hedge funds.
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.
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