Hawthorn Bancshares (NASDAQ:HWBK) Cut to “Hold” at StockNews.com

Hawthorn Bancshares (NASDAQ:HWBK) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Thursday.

Hawthorn Bancshares Stock Up 1.0 %

HWBK stock opened at $31.61 on Thursday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.01 and a quick ratio of 1.01. Hawthorn Bancshares has a 52-week low of $17.86 and a 52-week high of $34.00. The company has a 50-day moving average of $30.56 and a two-hundred day moving average of $25.93. The stock has a market capitalization of $220.95 million, a price-to-earnings ratio of 35.12 and a beta of 0.58.

Hawthorn Bancshares (NASDAQ:HWBK) last released its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.66 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a net margin of 5.67% and a return on equity of 4.46%.

Insider Buying and Selling at Hawthorn Bancshares

In related news, Director Frank E. Burkhead sold 3,000 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $31.87, for a total value of $95,610.00. Following the completion of the sale, the director now owns 11,477 shares in the company, valued at approximately $365,771.99. This trade represents a 20.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jonathan Holtaway sold 5,053 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $28.57, for a total transaction of $144,364.21. Following the completion of the sale, the director now owns 402,460 shares of the company’s stock, valued at approximately $11,498,282.20. The trade was a 1.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,457 shares of company stock worth $285,175 over the last ninety days. Company insiders own 23.40% of the company’s stock.

Institutional Investors Weigh In On Hawthorn Bancshares

Several hedge funds have recently made changes to their positions in HWBK. Geode Capital Management LLC lifted its stake in shares of Hawthorn Bancshares by 11.3% in the third quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock valued at $1,719,000 after buying an additional 6,955 shares during the period. Renaissance Technologies LLC raised its position 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 worth $496,000 after purchasing an additional 6,700 shares in the last quarter. Finally, Empowered Funds LLC raised its position in Hawthorn Bancshares by 5.2% in the third quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock worth $680,000 after purchasing an additional 1,340 shares in the last quarter. 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.