StockNews.com initiated coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK – Free Report) in a research report sent to investors on Thursday morning. The brokerage issued a buy rating on the financial services provider’s stock.
Hawthorn Bancshares Price Performance
HWBK stock traded down $0.50 during trading on Thursday, reaching $21.17. 1,334 shares of the company were exchanged, compared to its average volume of 11,606. Hawthorn Bancshares has a twelve month low of $15.02 and a twelve month high of $26.00. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $148.23 million, a price-to-earnings ratio of 70.57 and a beta of 0.56. The company has a 50-day moving average of $20.34 and a two-hundred day moving average of $20.72.
Hawthorn Bancshares Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Sunday, September 15th will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.59%. The ex-dividend date is Friday, September 13th. Hawthorn Bancshares’s dividend payout ratio is currently 253.33%.
Institutional Trading of Hawthorn Bancshares
About Hawthorn Bancshares
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.
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