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

StockNews.com started coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a research note issued to investors on Monday morning. The firm issued a hold rating on the financial services provider’s stock.

Hawthorn Bancshares Trading Up 1.0 %

Shares of HWBK stock opened at $28.00 on Monday. The stock has a market cap of $195.72 million, a P/E ratio of 31.11 and a beta of 0.53. Hawthorn Bancshares has a 1 year low of $17.86 and a 1 year high of $29.66. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.07. The stock has a 50 day simple moving average of $24.64 and a 200 day simple moving average of $21.76.

Hawthorn Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Sunday, December 15th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date is Friday, December 13th. Hawthorn Bancshares’s payout ratio is currently 84.44%.

Hedge Funds Weigh In On Hawthorn Bancshares

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position 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 worth $5,686,000 after acquiring an additional 12,800 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Hawthorn Bancshares by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock valued at $680,000 after purchasing an additional 1,340 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Hawthorn Bancshares by 36.5% in the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after purchasing an additional 6,700 shares during the last quarter. Finally, Alexander Labrunerie & CO. Inc. acquired a new position in shares of Hawthorn Bancshares during the 1st quarter worth $381,000. 30.73% of the stock is currently owned by institutional investors and hedge funds.

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.