Hawthorn Bancshares (NASDAQ:HWBK) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a research note issued to investors on Monday morning. The firm issued a hold rating on the financial services provider’s stock.

Hawthorn Bancshares Stock Performance

Hawthorn Bancshares stock opened at $27.57 on Monday. 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 has a one year low of $17.86 and a one year high of $29.66. The stock’s 50 day moving average price is $24.73 and its 200 day moving average price is $21.80. The firm has a market capitalization of $192.71 million, a PE ratio of 30.63 and a beta of 0.53.

Hawthorn Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Sunday, December 15th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date is Friday, December 13th. Hawthorn Bancshares’s payout ratio is 84.44%.

Institutional Trading of Hawthorn Bancshares

Hedge funds and other institutional investors have recently modified their holdings of the business. Alexander Labrunerie & CO. Inc. purchased a new position in Hawthorn Bancshares in the first quarter valued at about $381,000. Empowered Funds LLC raised its position in shares of Hawthorn Bancshares by 7.9% in the 1st 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 in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Hawthorn Bancshares by 36.5% during the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after buying an additional 6,700 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake 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 last quarter. 30.73% of the stock is owned by hedge funds and other institutional investors.

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.