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

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

Hawthorn Bancshares Stock Performance

Shares of HWBK opened at $22.45 on Friday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.01 and a quick ratio of 1.01. Hawthorn Bancshares has a one year low of $15.02 and a one year high of $26.09. The company has a 50-day simple moving average of $23.04 and a two-hundred day simple moving average of $21.09. The firm has a market capitalization of $157.19 million, a PE ratio of 74.83 and a beta of 0.55.

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

Hedge Funds Weigh In On Hawthorn Bancshares

Large investors have recently made changes to their positions in the business. Alexander Labrunerie & CO. Inc. purchased a new position in shares of Hawthorn Bancshares during the first quarter valued at approximately $381,000. Empowered Funds LLC lifted its holdings 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 valued at $491,000 after purchasing an additional 1,750 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of 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 last quarter. Finally, Vanguard Group Inc. lifted 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. 30.73% of the stock is currently 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.