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 note issued on Tuesday.

Hawthorn Bancshares Stock Performance

Shares of NASDAQ HWBK opened at $28.12 on Tuesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.01 and a quick ratio of 1.01. Hawthorn Bancshares has a one year low of $17.86 and a one year high of $29.66. The business’s 50-day moving average price is $25.06 and its two-hundred day moving average price is $22.08. The company has a market capitalization of $196.56 million, a P/E ratio of 31.24 and a beta of 0.53.

Institutional Investors Weigh In On Hawthorn Bancshares

Institutional investors and hedge funds have recently modified their holdings of the business. Alexander Labrunerie & CO. Inc. bought a new position in shares of Hawthorn Bancshares in the first quarter valued at approximately $381,000. Empowered Funds LLC grew its stake in Hawthorn Bancshares by 7.9% in the 1st 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 last quarter. Renaissance Technologies LLC raised its holdings in Hawthorn Bancshares by 36.5% in the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after acquiring an additional 6,700 shares during the period. Finally, Vanguard Group Inc. lifted its position in 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 during the last quarter. 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.