Hawthorn Bancshares (NASDAQ:HWBK) Rating Lowered to Hold at StockNews.com

Hawthorn Bancshares (NASDAQ:HWBKGet Free Report) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday.

Hawthorn Bancshares Price Performance

Shares of Hawthorn Bancshares stock traded down $0.39 during trading hours on Monday, reaching $28.81. 9,133 shares of the company’s stock were exchanged, compared to its average volume of 9,357. The business has a fifty day moving average of $31.02 and a two-hundred day moving average of $28.88. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $217.66 million, a P/E ratio of 11.04 and a beta of 0.59. Hawthorn Bancshares has a 1 year low of $17.86 and a 1 year high of $35.95.

Hawthorn Bancshares (NASDAQ:HWBKGet Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.66 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a net margin of 16.65% and a return on equity of 13.00%.

Insider Buying and Selling at Hawthorn Bancshares

In other news, Director Jonathan Holtaway sold 6,604 shares of Hawthorn Bancshares stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $32.97, for a total transaction of $217,733.88. Following the transaction, the director now owns 370,119 shares in the company, valued at $12,202,823.43. The trade was a 1.75 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 23.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Hawthorn Bancshares

Hedge funds have recently modified their holdings of the company. Rhino Investment Partners Inc purchased a new position in Hawthorn Bancshares during the fourth quarter worth about $2,046,000. Susquehanna International Group LLP increased its holdings in shares of Hawthorn Bancshares by 163.3% during the 4th quarter. Susquehanna International Group LLP now owns 81,309 shares of the financial services provider’s stock worth $2,305,000 after buying an additional 50,429 shares during the last quarter. 683 Capital Management LLC purchased a new stake in shares of Hawthorn Bancshares during the 4th quarter valued at approximately $320,000. Citadel Advisors LLC acquired a new position in Hawthorn Bancshares in the fourth quarter valued at approximately $218,000. Finally, Geode Capital Management LLC lifted its holdings in Hawthorn Bancshares by 11.3% in the third quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock valued at $1,719,000 after acquiring an additional 6,955 shares during the last quarter. Hedge funds and other institutional investors own 30.73% of the company’s stock.

About Hawthorn Bancshares

(Get Free Report)

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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