Wall Street Zen Upgrades Hawthorn Bancshares (NASDAQ:HWBK) to “Buy”

Hawthorn Bancshares (NASDAQ:HWBK) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Hawthorn Bancshares in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Hawthorn Bancshares presently has an average rating of “Hold”.

Hawthorn Bancshares Price Performance

Shares of NASDAQ HWBK opened at $31.90 on Friday. Hawthorn Bancshares has a fifty-two week low of $25.21 and a fifty-two week high of $36.49. The company has a market cap of $220.11 million, a PE ratio of 10.00 and a beta of 0.53. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.06 and a current ratio of 1.06. The business has a 50-day simple moving average of $33.13 and a two-hundred day simple moving average of $31.22.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its quarterly earnings data 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 business had revenue of $17.25 million during the quarter.

Institutional Trading of Hawthorn Bancshares

Several institutional investors have recently bought and sold shares of HWBK. JPMorgan Chase & Co. raised its stake in shares of Hawthorn Bancshares by 69.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,663 shares of the financial services provider’s stock worth $145,000 after buying an additional 1,906 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of Hawthorn Bancshares by 17.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 22,375 shares of the financial services provider’s stock worth $695,000 after purchasing an additional 3,286 shares during the last quarter. Creative Planning purchased a new position in Hawthorn Bancshares in the 3rd quarter valued at about $206,000. Bridgeway Capital Management LLC boosted its holdings 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. Finally, BNP Paribas Financial Markets increased its stake in Hawthorn Bancshares by 38.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,195 shares of the financial services provider’s stock worth $37,000 after buying an additional 330 shares in the last quarter. 30.73% of the stock is owned by institutional investors and hedge funds.

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.