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

Equities research analysts at StockNews.com assumed coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a report released on Monday. The brokerage set a “hold” rating on the financial services provider’s stock.

Hawthorn Bancshares Price Performance

Shares of HWBK stock opened at $28.08 on Monday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $196.28 million, a price-to-earnings ratio of 31.20 and a beta of 0.53. The firm’s 50 day moving average is $24.34 and its 200-day moving average is $21.60. Hawthorn Bancshares has a 1 year low of $17.54 and a 1 year high of $29.66.

Hedge Funds Weigh In On Hawthorn Bancshares

Large investors have recently made changes to their positions in the company. Alexander Labrunerie & CO. Inc. bought a new stake in Hawthorn Bancshares during the 1st quarter worth about $381,000. Empowered Funds LLC raised its stake in shares of Hawthorn Bancshares by 7.9% during 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 last quarter. Renaissance Technologies LLC lifted its holdings 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 valued at $496,000 after buying an additional 6,700 shares during the period. Finally, Vanguard Group Inc. boosted its stake 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 during the last quarter. Institutional investors and hedge funds 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.