Hawthorn Bancshares (NASDAQ:HWBK) Lowered to “Hold” Rating by Wall Street Zen

Wall Street Zen lowered shares of Hawthorn Bancshares (NASDAQ:HWBK) from a buy rating to a hold rating in a report published on Saturday.

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Hawthorn Bancshares in a report on Friday, March 27th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Hawthorn Bancshares Price Performance

Shares of HWBK opened at $35.26 on Friday. The business’s 50-day moving average is $34.08 and its two-hundred day moving average is $33.56. The company has a market capitalization of $243.29 million, a P/E ratio of 9.69 and a beta of 0.43. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.02 and a current ratio of 1.02. Hawthorn Bancshares has a fifty-two week low of $27.07 and a fifty-two week high of $37.30.

Hawthorn Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, June 15th. Hawthorn Bancshares’s payout ratio is presently 23.08%.

Institutional Trading of Hawthorn Bancshares

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its stake in shares of Hawthorn Bancshares by 150.7% in the first quarter. Goldman Sachs Group Inc. now owns 20,460 shares of the financial services provider’s stock worth $578,000 after acquiring an additional 12,299 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Hawthorn Bancshares by 7.2% in the first quarter. Empowered Funds LLC now owns 30,547 shares of the financial services provider’s stock worth $862,000 after acquiring an additional 2,051 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Hawthorn Bancshares in the first quarter worth $457,000. Geode Capital Management LLC grew its stake in shares of Hawthorn Bancshares by 101.3% in the second quarter. Geode Capital Management LLC now owns 143,777 shares of the financial services provider’s stock worth $4,191,000 after acquiring an additional 72,343 shares in the last quarter. Finally, JPMorgan Chase & Co. grew 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 worth $80,000 after acquiring an additional 2,606 shares in the last quarter. Hedge funds and other institutional investors own 30.73% of the company’s stock.

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.