StockNews.com initiated coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK – Free Report) in a research note released on Saturday morning. The brokerage issued a buy rating on the financial services provider’s stock.
Hawthorn Bancshares Trading Down 0.0 %
Shares of HWBK opened at $23.99 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market cap of $167.98 million, a price-to-earnings ratio of 79.97 and a beta of 0.55. The stock has a fifty day moving average price of $23.48 and a two-hundred day moving average price of $21.25. Hawthorn Bancshares has a 52-week low of $15.02 and a 52-week high of $26.09.
Hawthorn Bancshares (NASDAQ:HWBK – Get Free Report) last announced its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $0.66 EPS for the quarter. The company had revenue of $18.17 million during the quarter. Hawthorn Bancshares had a return on equity of 3.19% and a net margin of 3.96%.
Hawthorn Bancshares Dividend Announcement
Hedge Funds Weigh In On Hawthorn Bancshares
A number of institutional investors have recently modified their holdings of the business. Alexander Labrunerie & CO. Inc. bought a new position in Hawthorn Bancshares in the 1st quarter valued at approximately $381,000. Vanguard Group Inc. increased its position in Hawthorn Bancshares by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock valued at $5,686,000 after acquiring an additional 12,800 shares during the period. Renaissance Technologies LLC raised its stake in shares of Hawthorn Bancshares by 36.5% during the second quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after acquiring an additional 6,700 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of Hawthorn Bancshares by 7.9% during the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after purchasing an additional 1,750 shares during the period. Institutional investors and hedge funds 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.
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