Hawthorn Bancshares (NASDAQ:HWBK) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Hawthorn Bancshares, Inc. (NASDAQ:HWBK)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $32.56 and traded as high as $32.84. Hawthorn Bancshares shares last traded at $32.84, with a volume of 6,761 shares traded.

Analyst Ratings Changes

Several brokerages recently weighed in on HWBK. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hawthorn Bancshares in a report on Monday, December 22nd. Wall Street Zen downgraded shares of Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research report on Sunday, December 21st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Hawthorn Bancshares currently has a consensus rating of “Hold”.

Hawthorn Bancshares Price Performance

The company has a 50-day simple moving average of $32.56 and a 200-day simple moving average of $30.95. The stock has a market cap of $226.53 million, a PE ratio of 10.29 and a beta of 0.53. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.06 and a quick ratio of 1.06.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its earnings results on Wednesday, October 29th. The financial services provider reported $0.88 EPS for the quarter. Hawthorn Bancshares had a net margin of 20.09% and a return on equity of 14.22%. The company had revenue of $17.25 million for the quarter.

Hawthorn Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 1st. Shareholders of record on Monday, December 15th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $0.80 dividend on an annualized basis and a yield of 2.4%. Hawthorn Bancshares’s dividend payout ratio (DPR) is 25.08%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in HWBK. Mercer Global Advisors Inc. ADV raised its position in Hawthorn Bancshares by 17.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 22,375 shares of the financial services provider’s stock worth $695,000 after acquiring an additional 3,286 shares during the last quarter. Creative Planning purchased a new position in shares of Hawthorn Bancshares during the 3rd quarter worth $206,000. Bridgeway Capital Management LLC boosted its stake in Hawthorn Bancshares by 2.8% in the 3rd quarter. Bridgeway Capital Management LLC now owns 75,686 shares of the financial services provider’s stock worth $2,349,000 after buying an additional 2,082 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of Hawthorn Bancshares by 38.2% in the third quarter. BNP Paribas Financial Markets now owns 1,195 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 330 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Hawthorn Bancshares by 69.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,663 shares of the financial services provider’s stock valued at $145,000 after purchasing an additional 1,906 shares during the last quarter. Institutional investors and hedge funds own 30.73% of the company’s stock.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc is the bank holding company for Hawthorn Bank, a community-focused financial institution headquartered in Aurora, Missouri. Through its wholly owned subsidiary, the company provides a comprehensive range of banking and financial services to individuals, small businesses, agricultural enterprises and commercial clients across southwest Missouri and select markets in nearby states. Hawthorn Bank operates a network of full-service branches and digital banking platforms designed to meet the evolving needs of its customers.

The company’s core offerings include deposit products such as checking, savings and money market accounts, as well as consumer lending solutions comprising residential mortgages, home equity lines of credit, auto loans and personal loans.