Hawthorn Bancshares (NASDAQ:HWBK) Stock Price Crosses Below Two Hundred Day Moving Average of $19.84

Hawthorn Bancshares, Inc. (NASDAQ:HWBK)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $19.84 and traded as low as $16.20. Hawthorn Bancshares shares last traded at $16.52, with a volume of 9,120 shares changing hands.

Separately, ValuEngine raised Hawthorn Bancshares from a “sell” rating to a “hold” rating in a report on Thursday, July 23rd.

The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.59. The stock has a market cap of $107.23 million, a P/E ratio of 8.90 and a beta of 0.43. The firm has a 50-day simple moving average of $18.56 and a two-hundred day simple moving average of $19.84.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.51 earnings per share for the quarter. The firm had revenue of $15.97 million for the quarter. Hawthorn Bancshares had a return on equity of 10.44% and a net margin of 16.54%.

In other news, CEO David T. Turner acquired 3,500 shares of the stock in a transaction on Thursday, May 14th. The shares were purchased at an average price of $16.04 per share, for a total transaction of $56,140.00. Insiders have acquired a total of 6,516 shares of company stock worth $105,792 in the last quarter. Company insiders own 10.80% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. increased its position in shares of Hawthorn Bancshares by 1.2% in the first quarter. BlackRock Inc. now owns 293,627 shares of the financial services provider’s stock worth $5,388,000 after purchasing an additional 3,346 shares during the period. PL Capital Advisors LLC increased its position in shares of Hawthorn Bancshares by 10.1% in the first quarter. PL Capital Advisors LLC now owns 272,294 shares of the financial services provider’s stock worth $4,997,000 after purchasing an additional 25,000 shares during the period. Geode Capital Management LLC increased its position in shares of Hawthorn Bancshares by 2.0% in the first quarter. Geode Capital Management LLC now owns 94,363 shares of the financial services provider’s stock worth $1,731,000 after purchasing an additional 1,887 shares during the period. Bank of New York Mellon Corp increased its position in shares of Hawthorn Bancshares by 5.2% in the first quarter. Bank of New York Mellon Corp now owns 25,200 shares of the financial services provider’s stock worth $463,000 after purchasing an additional 1,236 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of Hawthorn Bancshares by 4.0% in the fourth quarter. Renaissance Technologies LLC now owns 13,120 shares of the financial services provider’s stock worth $335,000 after purchasing an additional 500 shares during the period. Institutional investors own 29.95% of the company’s stock.

About Hawthorn Bancshares (NASDAQ:HWBK)

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in Missouri. The company offers checking and savings accounts, and certificates of deposit; and a range of lending services, including commercial and industrial, single payment personal, installment, and commercial and residential real estate loans.

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