Hawthorn Bancshares (NASDAQ:HWBK) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Hawthorn Bancshares (NASDAQ:HWBK) from a hold rating to a buy rating in a research note published on Saturday.

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hawthorn Bancshares in a report on Thursday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Hawthorn Bancshares Stock Down 0.8%

Shares of Hawthorn Bancshares stock opened at $31.23 on Friday. The company has a 50-day simple moving average of $30.76 and a two-hundred day simple moving average of $30.03. The stock has a market capitalization of $215.42 million, a PE ratio of 9.79 and a beta of 0.61. Hawthorn Bancshares has a 52-week low of $25.21 and a 52-week high of $35.95. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.03 and a current ratio of 1.03.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $0.88 earnings per share for the quarter. The company had revenue of $17.25 million during the quarter. Hawthorn Bancshares had a net margin of 20.09% and a return on equity of 14.49%.

Hawthorn Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 1st. Stockholders of record on Monday, December 15th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, December 15th. Hawthorn Bancshares’s dividend payout ratio is 25.08%.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets bought a new stake in Hawthorn Bancshares during the second quarter valued at about $25,000. Police & Firemen s Retirement System of New Jersey bought a new position in shares of Hawthorn Bancshares during the 2nd quarter valued at approximately $37,000. Bank of America Corp DE increased its holdings in Hawthorn Bancshares by 3,777.6% in the 2nd quarter. Bank of America Corp DE now owns 2,598 shares of the financial services provider’s stock worth $76,000 after acquiring an additional 2,531 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Hawthorn Bancshares by 1,725.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,757 shares of the financial services provider’s stock worth $80,000 after acquiring an additional 2,606 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Hawthorn Bancshares during the 2nd quarter worth approximately $93,000. 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.