Research analysts at StockNews.com assumed coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK – Get Rating) in a report issued on Sunday. The brokerage set a “buy” rating on the financial services provider’s stock.
Hawthorn Bancshares Stock Performance
Shares of HWBK opened at $22.55 on Friday. The stock’s 50-day simple moving average is $22.36 and its 200 day simple moving average is $23.68. Hawthorn Bancshares has a 52-week low of $21.06 and a 52-week high of $27.46. The stock has a market capitalization of $152.66 million, a price-to-earnings ratio of 7.01 and a beta of 0.40. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.96 and a current ratio of 0.96.
Hawthorn Bancshares (NASDAQ:HWBK – Get Rating) last released its quarterly earnings data on Wednesday, October 26th. The financial services provider reported $0.73 earnings per share for the quarter. The business had revenue of $18.55 million during the quarter. Hawthorn Bancshares had a return on equity of 16.84% and a net margin of 27.39%.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of HWBK. PL Capital Advisors LLC lifted its holdings in Hawthorn Bancshares by 0.3% during the third quarter. PL Capital Advisors LLC now owns 355,448 shares of the financial services provider’s stock worth $7,155,000 after buying an additional 1,081 shares during the period. Vanguard Group Inc. grew its position in Hawthorn Bancshares by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 247,012 shares of the financial services provider’s stock worth $6,244,000 after purchasing an additional 1,912 shares during the period. Alliancebernstein L.P. grew its position in Hawthorn Bancshares by 6.7% during the 3rd quarter. Alliancebernstein L.P. now owns 217,471 shares of the financial services provider’s stock worth $4,754,000 after purchasing an additional 13,718 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Hawthorn Bancshares by 0.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 176,553 shares of the financial services provider’s stock valued at $3,860,000 after acquiring an additional 1,607 shares during the period. Finally, Pinnacle Holdings LLC grew its position in shares of Hawthorn Bancshares by 4.0% during the 2nd quarter. Pinnacle Holdings LLC now owns 41,654 shares of the financial services provider’s stock valued at $1,062,000 after acquiring an additional 1,602 shares during the period. Institutional investors own 32.88% of the company’s stock.
About Hawthorn Bancshares
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Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides commercial and personal banking services. It accepts checking, savings, money market, individual retirement, and other time deposit accounts; and 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.
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