Hawthorn Bancshares (NASDAQ:HWBK) Downgraded by StockNews.com to “Hold”

StockNews.com downgraded shares of Hawthorn Bancshares (NASDAQ:HWBK) from a buy rating to a hold rating in a research report report published on Thursday.

Hawthorn Bancshares Stock Down 2.2 %

Shares of HWBK stock opened at $26.65 on Thursday. The firm’s fifty day moving average price is $29.73 and its two-hundred day moving average price is $29.12. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00. Hawthorn Bancshares has a 1 year low of $17.86 and a 1 year high of $35.95. The firm has a market capitalization of $201.34 million, a P/E ratio of 10.21 and a beta of 0.54.

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

Hawthorn Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Saturday, March 15th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend was Friday, March 14th. Hawthorn Bancshares’s payout ratio is presently 29.12%.

Insider Activity at Hawthorn Bancshares

In related news, Director Jonathan Holtaway sold 6,604 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $32.97, for a total value of $217,733.88. Following the completion of the sale, the director now directly owns 370,119 shares in the company, valued at approximately $12,202,823.43. This trade represents a 1.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 23.40% of the stock is owned by company insiders.

Institutional Trading of Hawthorn Bancshares

Institutional investors and hedge funds have recently bought and sold shares of the business. Barclays PLC boosted its stake in shares of Hawthorn Bancshares by 44.1% during the 4th quarter. Barclays PLC now owns 1,059 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 324 shares during the period. Bridgeway Capital Management LLC lifted its holdings in Hawthorn Bancshares by 0.7% during the 4th quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider’s stock valued at $2,085,000 after purchasing an additional 477 shares during the last quarter. Alexander Labrunerie & CO. Inc. lifted its holdings in Hawthorn Bancshares by 4.3% during the 4th quarter. Alexander Labrunerie & CO. Inc. now owns 15,214 shares of the financial services provider’s stock valued at $431,000 after purchasing an additional 625 shares during the last quarter. Northern Trust Corp boosted its position in Hawthorn Bancshares by 8.0% during the fourth quarter. Northern Trust Corp now owns 14,834 shares of the financial services provider’s stock worth $421,000 after purchasing an additional 1,101 shares during the period. Finally, Empowered Funds LLC increased its holdings in shares of Hawthorn Bancshares by 4.9% in the fourth quarter. Empowered Funds LLC now owns 28,496 shares of the financial services provider’s stock valued at $808,000 after purchasing an additional 1,327 shares during the last quarter. Institutional investors 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.