Hawthorn Bancshares (NASDAQ:HWBK) Now Covered by Analysts at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a research note issued to investors on Sunday. The firm set a “buy” rating on the financial services provider’s stock.

Hawthorn Bancshares Price Performance

NASDAQ:HWBK opened at $23.75 on Friday. The firm has a market capitalization of $166.30 million, a price-to-earnings ratio of 79.17 and a beta of 0.56. Hawthorn Bancshares has a 1 year low of $15.02 and a 1 year high of $26.00. The business has a 50 day simple moving average of $21.11 and a 200-day simple moving average of $20.48. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 1.01.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $0.66 earnings per share for the quarter. The firm had revenue of $18.17 million for the quarter. Hawthorn Bancshares had a return on equity of 3.24% and a net margin of 3.96%.

Institutional Trading of Hawthorn Bancshares

A number of institutional investors have recently made changes to their positions in the business. Alexander Labrunerie & CO. Inc. acquired a new stake in Hawthorn Bancshares during the 1st quarter worth about $381,000. Vanguard Group Inc. raised its stake 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 valued at $5,686,000 after buying an additional 12,800 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of Hawthorn Bancshares by 36.5% in the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after purchasing an additional 6,700 shares in the last quarter. Finally, Empowered Funds LLC increased its stake in shares of Hawthorn Bancshares by 7.9% in the 1st quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock valued at $491,000 after purchasing an additional 1,750 shares in the last quarter. Institutional investors and hedge funds 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.