Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Sees Large Decrease in Short Interest

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 122,800 shares, a decline of 8.4% from the August 31st total of 134,100 shares. Based on an average trading volume of 4,200 shares, the short-interest ratio is currently 29.2 days. Currently, 2.0% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Hawthorn Bancshares in a research report on Wednesday, September 25th. They issued a “buy” rating for the company.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Alexander Labrunerie & CO. Inc. purchased a new position in shares of Hawthorn Bancshares during the 1st quarter valued at about $381,000. Empowered Funds LLC lifted its holdings in Hawthorn Bancshares by 7.9% in 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 period. Renaissance Technologies LLC grew its stake 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 purchasing an additional 6,700 shares during the period. Finally, Vanguard Group Inc. increased its holdings 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 purchasing an additional 12,800 shares in the last quarter. 30.73% of the stock is currently owned by institutional investors and hedge funds.

Hawthorn Bancshares Price Performance

Shares of HWBK opened at $25.03 on Tuesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.01 and a quick ratio of 1.01. The company’s fifty day moving average price is $22.83 and its 200-day moving average price is $20.95. Hawthorn Bancshares has a 1-year low of $15.02 and a 1-year high of $26.09. The firm has a market capitalization of $175.26 million, a PE ratio of 83.43 and a beta of 0.55.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its quarterly earnings data on Tuesday, July 30th. The financial services provider reported $0.66 earnings per share for the quarter. The business had revenue of $18.17 million for the quarter. Hawthorn Bancshares had a return on equity of 3.19% and a net margin of 3.96%.

Hawthorn Bancshares Dividend Announcement

The firm 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. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.04%. Hawthorn Bancshares’s payout ratio is currently 253.33%.

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.