Hawthorn Bancshares (NASDAQ:HWBK) Upgraded by StockNews.com to “Buy” Rating

Hawthorn Bancshares (NASDAQ:HWBK) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Tuesday.

Hawthorn Bancshares Stock Up 1.2 %

Shares of HWBK opened at $28.23 on Tuesday. The business’s fifty day moving average price is $30.91 and its two-hundred day moving average price is $29.01. The firm has a market capitalization of $213.28 million, a price-to-earnings ratio of 10.82 and a beta of 0.59. Hawthorn Bancshares has a 52 week low of $17.86 and a 52 week high of $35.95. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.01 and a current ratio of 1.01.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.66 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a return on equity of 13.00% and a net margin of 16.65%.

Insider Activity

In other news, Director Jonathan Holtaway sold 2,682 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $32.91, for a total value of $88,264.62. Following the completion of the sale, the director now directly owns 366,598 shares of the company’s stock, valued at $12,064,740.18. This represents a 0.73 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 23.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Susquehanna International Group LLP increased its stake in Hawthorn Bancshares by 163.3% in the fourth quarter. Susquehanna International Group LLP now owns 81,309 shares of the financial services provider’s stock valued at $2,305,000 after purchasing an additional 50,429 shares in the last quarter. Bridgeway Capital Management LLC increased its position in shares of Hawthorn Bancshares by 0.7% in the 4th quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider’s stock valued at $2,085,000 after buying an additional 477 shares in the last quarter. Rhino Investment Partners Inc acquired a new stake in Hawthorn Bancshares during the 4th quarter worth $2,046,000. Geode Capital Management LLC lifted its holdings in Hawthorn Bancshares by 11.3% during the third quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock worth $1,719,000 after acquiring an additional 6,955 shares in the last quarter. Finally, Empowered Funds LLC grew its stake in Hawthorn Bancshares by 4.9% in the fourth quarter. Empowered Funds LLC now owns 28,496 shares of the financial services provider’s stock valued at $808,000 after acquiring an additional 1,327 shares during the period. Institutional investors own 30.73% of the company’s stock.

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.