Hawthorn Bancshares (NASDAQ:HWBK) Lowered to Hold Rating by Wall Street Zen

Wall Street Zen lowered shares of Hawthorn Bancshares (NASDAQ:HWBK) from a buy rating to a hold rating in a report issued on Sunday morning.

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hawthorn Bancshares in a research note on Monday, December 15th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Hawthorn Bancshares Price Performance

HWBK opened at $36.46 on Friday. The business has a fifty day moving average of $32.17 and a 200 day moving average of $30.78. Hawthorn Bancshares has a 52-week low of $25.21 and a 52-week high of $36.49. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.37. The stock has a market cap of $251.57 million, a P/E ratio of 11.43 and a beta of 0.53.

Hawthorn Bancshares (NASDAQ:HWBK) last released its earnings results on Wednesday, October 29th. The financial services provider reported $0.88 earnings per share for the quarter. Hawthorn Bancshares had a return on equity of 14.22% and a net margin of 20.09%.The business had revenue of $17.25 million for the quarter.

Hawthorn Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 1st. Shareholders of record on Monday, December 15th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, December 15th. Hawthorn Bancshares’s dividend payout ratio is currently 25.08%.

Hedge Funds Weigh In On Hawthorn Bancshares

Institutional investors have recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV lifted its stake in Hawthorn Bancshares by 17.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 22,375 shares of the financial services provider’s stock worth $695,000 after acquiring an additional 3,286 shares during the period. Creative Planning bought a new stake in shares of Hawthorn Bancshares in the 3rd quarter valued at about $206,000. Bridgeway Capital Management LLC lifted its position in shares of Hawthorn Bancshares by 2.8% in the 3rd quarter. Bridgeway Capital Management LLC now owns 75,686 shares of the financial services provider’s stock worth $2,349,000 after purchasing an additional 2,082 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of Hawthorn Bancshares by 38.2% during the third quarter. BNP Paribas Financial Markets now owns 1,195 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 330 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Hawthorn Bancshares by 69.1% during the third quarter. JPMorgan Chase & Co. now owns 4,663 shares of the financial services provider’s stock valued at $145,000 after purchasing an additional 1,906 shares in the last quarter. Hedge funds and other institutional investors own 30.73% of the company’s stock.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc is the bank holding company for Hawthorn Bank, a community-focused financial institution headquartered in Aurora, Missouri. Through its wholly owned subsidiary, the company provides a comprehensive range of banking and financial services to individuals, small businesses, agricultural enterprises and commercial clients across southwest Missouri and select markets in nearby states. Hawthorn Bank operates a network of full-service branches and digital banking platforms designed to meet the evolving needs of its customers.

The company’s core offerings include deposit products such as checking, savings and money market accounts, as well as consumer lending solutions comprising residential mortgages, home equity lines of credit, auto loans and personal loans.