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

Stock analysts at StockNews.com initiated coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a research note issued to investors on Tuesday. The brokerage set a “buy” rating on the financial services provider’s stock.

Hawthorn Bancshares Trading Down 1.0 %

Shares of NASDAQ HWBK opened at $24.10 on Tuesday. The firm’s 50 day moving average price is $21.90 and its 200-day moving average price is $20.59. The company has a market cap of $168.75 million, a PE ratio of 80.33 and a beta of 0.55. Hawthorn Bancshares has a 52-week low of $15.02 and a 52-week high of $26.00. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.01 and a current ratio of 1.01.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HWBK. Empowered Funds LLC lifted its position in Hawthorn Bancshares by 7.9% during 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. Vanguard Group Inc. lifted its position in Hawthorn Bancshares by 4.8% during the first quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock valued at $5,686,000 after purchasing an additional 12,800 shares during the period. Alexander Labrunerie & CO. Inc. bought a new position in Hawthorn Bancshares during the first quarter valued at approximately $381,000. Finally, Renaissance Technologies LLC lifted its position in Hawthorn Bancshares by 36.5% during 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. Institutional investors 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.