Hawthorn Bancshares (NASDAQ:HWBK) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $34.83 and traded as high as $36.22. Hawthorn Bancshares shares last traded at $34.80, with a volume of 11,038 shares.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Hawthorn Bancshares in a research report on Friday, March 27th. Wall Street Zen lowered Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Hawthorn Bancshares Trading Down 4.1%

The company has a market cap of $240.12 million, a PE ratio of 9.56 and a beta of 0.45. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.02 and a quick ratio of 1.02. The company has a 50-day moving average of $34.83 and a 200 day moving average of $34.04.

Hawthorn Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a $0.21 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.84 annualized dividend and a yield of 2.4%. Hawthorn Bancshares’s dividend payout ratio (DPR) is currently 23.08%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets grew its position in Hawthorn Bancshares by 38.2% in the third quarter. BNP Paribas Financial Markets now owns 1,195 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 330 shares in the last quarter. Bridgeway Capital Management LLC grew its stake in shares of Hawthorn Bancshares by 0.6% during the second quarter. Bridgeway Capital Management LLC now owns 73,604 shares of the financial services provider’s stock valued at $2,145,000 after buying an additional 421 shares during the last quarter. Eagle Bluffs Wealth Management LLC grew its stake in shares of Hawthorn Bancshares by 3.8% during the fourth quarter. Eagle Bluffs Wealth Management LLC now owns 13,747 shares of the financial services provider’s stock valued at $482,000 after buying an additional 497 shares during the last quarter. Deutsche Bank AG grew its stake in shares of Hawthorn Bancshares by 16.8% during the fourth quarter. Deutsche Bank AG now owns 4,665 shares of the financial services provider’s stock valued at $163,000 after buying an additional 670 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of Hawthorn Bancshares during the fourth quarter valued at approximately $50,000. Hedge funds and other institutional investors own 30.73% of the company’s stock.

Hawthorn Bancshares Company Profile

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.