Hawthorn Bancshares (NASDAQ:HWBK) Earns Buy Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) 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

Institutional investors have recently modified their holdings of the business. Empowered Funds LLC boosted its position in Hawthorn Bancshares by 7.9% during the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock valued at $491,000 after acquiring an additional 1,750 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Hawthorn Bancshares by 36.5% during the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after buying an additional 6,700 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Hawthorn Bancshares by 4.8% during the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after buying an additional 12,800 shares during the period. Alexander Labrunerie & CO. Inc. bought a new stake in shares of Hawthorn Bancshares in the 1st quarter valued at $381,000. Finally, Eagle Bluffs Wealth Management LLC acquired a new position in shares of Hawthorn Bancshares during the 1st quarter valued at $240,000. Institutional investors own 30.73% of the company’s stock.

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.