Hawthorn Bancshares (NASDAQ:HWBK) Earns Buy Rating from Analysts at StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK) in a research report issued to clients and investors on Sunday. The firm set a “buy” rating on the financial services provider’s stock.

Hawthorn Bancshares Price Performance

NASDAQ HWBK opened at $23.75 on Friday. Hawthorn Bancshares has a twelve month low of $15.02 and a twelve month high of $26.00. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market capitalization of $166.30 million, a PE ratio of 79.17 and a beta of 0.56. The stock has a 50-day simple moving average of $21.11 and a 200 day simple moving average of $20.48.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $0.66 EPS for the quarter. The firm had revenue of $18.17 million during the quarter. Hawthorn Bancshares had a return on equity of 3.24% and a net margin of 3.96%.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of hedge funds have recently modified their holdings of HWBK. Renaissance Technologies LLC boosted its position in Hawthorn Bancshares by 36.5% in the 2nd 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 last quarter. Alexander Labrunerie & CO. Inc. acquired a new position in shares of Hawthorn Bancshares in the 1st quarter valued at $381,000. Vanguard Group Inc. raised its stake in Hawthorn Bancshares by 4.8% during the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after buying an additional 12,800 shares during the period. Finally, Empowered Funds LLC raised its stake in Hawthorn Bancshares by 7.9% during the 1st 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. 30.73% of the stock is owned by institutional investors and hedge funds.

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.