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

Equities research analysts at StockNews.com began coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a report released on Thursday. The brokerage set a “buy” rating on the financial services provider’s stock.

Hawthorn Bancshares Stock Performance

HWBK opened at $21.96 on Thursday. The firm has a fifty day moving average price of $22.98 and a 200 day moving average price of $21.02. Hawthorn Bancshares has a 1 year low of $15.02 and a 1 year high of $26.09. The stock has a market cap of $153.76 million, a P/E ratio of 73.20 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.

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

Hedge Funds Weigh In On Hawthorn Bancshares

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HWBK. Vanguard Group Inc. raised 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 valued at $5,686,000 after buying an additional 12,800 shares during the period. Renaissance Technologies LLC boosted its holdings in 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 purchasing an additional 6,700 shares during the period. Empowered Funds LLC boosted 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. Finally, Alexander Labrunerie & CO. Inc. acquired a new position in Hawthorn Bancshares during the 1st quarter worth approximately $381,000. 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.