Hawthorn Bancshares (NASDAQ:HWBK) Stock Rating Lowered by StockNews.com

Hawthorn Bancshares (NASDAQ:HWBK) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Wednesday.

Hawthorn Bancshares Price Performance

Shares of NASDAQ HWBK traded down $3.07 during trading hours on Wednesday, reaching $30.60. 21,849 shares of the stock traded hands, compared to its average volume of 11,194. The company has a market capitalization of $213.80 million, a P/E ratio of 34.00 and a beta of 0.53. The company’s 50-day simple moving average is $25.76 and its two-hundred day simple moving average is $22.50. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00. Hawthorn Bancshares has a 52-week low of $17.86 and a 52-week high of $34.00.

Insider Activity at Hawthorn Bancshares

In other Hawthorn Bancshares news, Director Jonathan Holtaway sold 5,053 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $28.57, for a total transaction of $144,364.21. Following the completion of the transaction, the director now owns 402,460 shares of the company’s stock, valued at $11,498,282.20. This represents a 1.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 23.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Hawthorn Bancshares

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Hawthorn Bancshares by 4.8% in the first quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock valued at $5,686,000 after acquiring an additional 12,800 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Hawthorn Bancshares by 11.3% in the 3rd quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock worth $1,719,000 after purchasing an additional 6,955 shares during the period. Empowered Funds LLC boosted its stake in shares of Hawthorn Bancshares by 5.2% during 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 raised its stake 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 worth $496,000 after buying an additional 6,700 shares in the last quarter. Finally, Alexander Labrunerie & CO. Inc. purchased a new stake in Hawthorn Bancshares in the first quarter worth about $381,000. 30.73% of the stock is owned by hedge funds and other institutional investors.

Hawthorn Bancshares Company Profile

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.