Hawthorn Bancshares (NASDAQ:HWBK) Rating Lowered to Hold at StockNews.com

Hawthorn Bancshares (NASDAQ:HWBK) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Friday.

Hawthorn Bancshares Stock Down 1.4 %

NASDAQ:HWBK opened at $29.46 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00. Hawthorn Bancshares has a 12-month low of $17.86 and a 12-month high of $34.00. The stock’s fifty day simple moving average is $29.88 and its 200-day simple moving average is $24.98. The firm has a market capitalization of $205.84 million, a P/E ratio of 32.73 and a beta of 0.58.

Insider Activity at Hawthorn Bancshares

In other Hawthorn Bancshares news, Director Jonathan Holtaway sold 5,053 shares of the stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $28.57, for a total value of $144,364.21. Following the completion of the sale, the director now directly owns 402,460 shares in the company, valued at $11,498,282.20. This represents a 1.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frank E. Burkhead sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $31.87, for a total value of $95,610.00. Following the sale, the director now directly owns 11,477 shares in the company, valued at approximately $365,771.99. This represents a 20.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,457 shares of company stock worth $285,175 in the last ninety days. Company insiders own 23.40% of the company’s stock.

Institutional Trading of Hawthorn Bancshares

A number of large investors have recently bought and sold shares of HWBK. Renaissance Technologies LLC lifted its stake in Hawthorn Bancshares by 36.5% in the second quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after buying an additional 6,700 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Hawthorn Bancshares by 5.2% during the third quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock worth $680,000 after acquiring an additional 1,340 shares during the period. Finally, Geode Capital Management LLC lifted its position in Hawthorn Bancshares by 11.3% in the 3rd quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock valued at $1,719,000 after acquiring an additional 6,955 shares in the last quarter. 30.73% of the stock is owned by institutional investors.

Hawthorn Bancshares Company Profile

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.