Hawthorn Bancshares (NASDAQ:HWBK) Stock Rating Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Hawthorn Bancshares (NASDAQ:HWBK) from a buy rating to a hold rating in a research note issued to investors on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings downgraded Hawthorn Bancshares from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday. One investment analyst has rated the stock with a Buy rating. According to MarketBeat, the company has an average rating of “Buy”.

Hawthorn Bancshares Price Performance

HWBK traded down $0.20 during midday trading on Friday, reaching $39.20. 12,415 shares of the company’s stock were exchanged, compared to its average volume of 16,416. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market capitalization of $286.94 million, a PE ratio of 9.92 and a beta of 0.47. The business’s 50-day moving average price is $38.83 and its 200 day moving average price is $36.92. Hawthorn Bancshares has a 1-year low of $30.84 and a 1-year high of $40.60.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its quarterly earnings results on Friday, October 30th. The financial services provider reported $1.23 earnings per share (EPS) for the quarter. The company had revenue of $23.09 million for the quarter. Hawthorn Bancshares had a net margin of 23.22% and a return on equity of 15.98%.

Hawthorn Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 1st. Stockholders of record on Tuesday, December 15th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Tuesday, December 15th. Hawthorn Bancshares’s dividend payout ratio is currently 21.27%.

Institutional Trading of Hawthorn Bancshares

Large investors have recently made changes to their positions in the stock. StrongBox Wealth LLC purchased a new stake in Hawthorn Bancshares during the 3rd quarter worth about $167,000. Deutsche Bank AG purchased a new position in Hawthorn Bancshares in the 2nd quarter valued at about $192,000. Marshall Wace LLP purchased a new position in Hawthorn Bancshares in the 3rd quarter valued at about $233,000. Hsbc Holdings PLC purchased a new position in Hawthorn Bancshares in the 2nd quarter valued at about $247,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Hawthorn Bancshares during the 2nd quarter worth about $562,000. Institutional investors and hedge funds own 30.73% of the company’s stock.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc. is a bank holding company and the parent of Hawthorn Bank, a community bank headquartered in Jefferson City, Missouri. The bank traces its roots to 1865 and serves individuals, businesses and communities in central Missouri and the Kansas City area. Hawthorn Bank offers deposit accounts, consumer and business loans, mortgage lending, and online and mobile banking. It also provides wealth management and trust services.