StockNews.com Initiates Coverage on Hawthorn Bancshares (NASDAQ:HWBK)

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

Hawthorn Bancshares Trading Up 1.5 %

Shares of HWBK opened at $25.00 on Tuesday. The stock has a market capitalization of $175.05 million, a P/E ratio of 83.33 and a beta of 0.55. Hawthorn Bancshares has a twelve month low of $15.02 and a twelve month high of $26.09. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.07. The firm has a fifty day simple moving average of $22.16 and a two-hundred day simple moving average of $20.66.

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in HWBK. Vanguard Group Inc. boosted its stake 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 worth $5,686,000 after acquiring an additional 12,800 shares in the last quarter. Empowered Funds LLC boosted 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 worth $491,000 after purchasing an additional 1,750 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Hawthorn Bancshares by 36.5% in the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after purchasing an additional 6,700 shares in the last quarter. Finally, Alexander Labrunerie & CO. Inc. purchased a new stake in shares of Hawthorn Bancshares in the 1st quarter worth approximately $381,000. Institutional investors own 30.73% of the company’s stock.

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.