Hawthorn Bancshares (NASDAQ:HWBK) Now Covered by StockNews.com

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

Hawthorn Bancshares Price Performance

HWBK stock opened at $25.22 on Wednesday. The stock has a market cap of $176.59 million, a price-to-earnings ratio of 84.07 and a beta of 0.55. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.01 and a quick ratio of 1.01. The company has a 50 day simple moving average of $22.68 and a 200 day simple moving average of $20.85. Hawthorn Bancshares has a 1 year low of $15.02 and a 1 year high of $26.09.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HWBK. Alexander Labrunerie & CO. Inc. bought a new stake in Hawthorn Bancshares during the 1st quarter worth approximately $381,000. Vanguard Group Inc. grew its stake in shares of Hawthorn Bancshares by 4.8% in the first quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after purchasing an additional 12,800 shares during the last quarter. Renaissance Technologies LLC grew 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 worth $496,000 after purchasing an additional 6,700 shares during the last quarter. Finally, Empowered Funds LLC increased its holdings in 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 purchasing an additional 1,750 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.