Hawthorn Bancshares (NASDAQ:HWBK) Earns Buy Rating from Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a research report issued on Wednesday. The brokerage set a “buy” rating on the financial services provider’s stock.

Hawthorn Bancshares Price Performance

HWBK stock opened at $25.22 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.07. The firm has a market cap of $176.59 million, a price-to-earnings ratio of 84.07 and a beta of 0.55. The company’s fifty day simple moving average is $22.68 and its 200 day simple moving average is $20.85. Hawthorn Bancshares has a 12-month low of $15.02 and a 12-month high of $26.09.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its quarterly earnings data on Tuesday, July 30th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a return on equity of 3.19% and a net margin of 3.96%. The company had revenue of $18.17 million for the quarter.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Alexander Labrunerie & CO. Inc. acquired a new stake in Hawthorn Bancshares in the first quarter worth $381,000. Empowered Funds LLC boosted its position in shares of Hawthorn Bancshares by 7.9% during the 1st quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after purchasing an additional 1,750 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Hawthorn Bancshares by 36.5% during the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after purchasing an additional 6,700 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Hawthorn Bancshares by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock valued at $5,686,000 after buying an additional 12,800 shares during the period. Institutional investors and hedge funds own 30.73% of the company’s stock.

About Hawthorn Bancshares

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.