Hawthorn Bancshares (NASDAQ:HWBK) Receives New Coverage from Analysts at StockNews.com

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

Hawthorn Bancshares Trading Down 5.5 %

NASDAQ:HWBK opened at $23.10 on Thursday. The company has a market cap of $161.75 million, a PE ratio of 77.00 and a beta of 0.55. The business’s 50 day moving average is $22.90 and its two-hundred day moving average is $20.98. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.07. Hawthorn Bancshares has a 52 week low of $15.02 and a 52 week high of $26.09.

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

Hedge Funds Weigh In On Hawthorn Bancshares

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of 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 last quarter. Renaissance Technologies LLC grew its stake in Hawthorn Bancshares by 36.5% during the 2nd 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 during the last quarter. Empowered Funds LLC increased its position in Hawthorn Bancshares by 7.9% in the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after buying an additional 1,750 shares during the period. Finally, Alexander Labrunerie & CO. Inc. bought a new stake in Hawthorn Bancshares in the first quarter valued at $381,000. 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.