Hawthorn Bancshares (NASDAQ:HWBK) Raised to Buy at StockNews.com

Hawthorn Bancshares (NASDAQ:HWBK) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday.

Hawthorn Bancshares Trading Down 1.1 %

Shares of HWBK traded down $0.30 during mid-day trading on Tuesday, reaching $27.75. 91,290 shares of the company were exchanged, compared to its average volume of 11,042. Hawthorn Bancshares has a 52 week low of $17.86 and a 52 week high of $29.66. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market capitalization of $193.89 million, a PE ratio of 30.83 and a beta of 0.53. The business has a 50 day simple moving average of $24.98 and a two-hundred day simple moving average of $22.04.

Institutional Investors Weigh In On Hawthorn Bancshares

Several large investors have recently added to or reduced their stakes in the business. Alexander Labrunerie & CO. Inc. purchased a new position in shares of Hawthorn Bancshares during the first quarter valued at approximately $381,000. Empowered Funds LLC raised its stake in shares of Hawthorn Bancshares by 7.9% in the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock valued at $491,000 after buying an additional 1,750 shares during the period. Renaissance Technologies LLC raised its stake in shares of Hawthorn Bancshares by 36.5% in the second quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after buying an additional 6,700 shares during the period. Finally, Vanguard Group Inc. raised its stake in shares of Hawthorn Bancshares by 4.8% during the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock valued at $5,686,000 after purchasing an additional 12,800 shares during the period. Institutional investors and hedge funds own 30.73% of the company’s stock.

Hawthorn Bancshares Company Profile

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.