Hawthorn Bancshares (NASDAQ:HWBK) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Hawthorn Bancshares (NASDAQ:HWBK) from a hold rating to a buy rating in a report published on Saturday morning.

Separately, Weiss Ratings raised shares of Hawthorn Bancshares from a “hold (c)” rating to a “buy (b)” rating in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Hawthorn Bancshares Stock Performance

Shares of HWBK stock opened at $39.71 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.97 and a current ratio of 0.97. Hawthorn Bancshares has a fifty-two week low of $29.39 and a fifty-two week high of $40.60. The stock has a 50 day moving average price of $38.74 and a two-hundred day moving average price of $36.02. The company has a market capitalization of $274.00 million, a P/E ratio of 10.40 and a beta of 0.45.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its earnings results on Wednesday, July 29th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a net margin of 22.77% and a return on equity of 15.15%. The firm had revenue of $22.91 million for the quarter.

Hawthorn Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Tuesday, September 15th. Hawthorn Bancshares’s dividend payout ratio (DPR) is currently 21.99%.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. lifted its stake in Hawthorn Bancshares by 150.7% in the first quarter. Goldman Sachs Group Inc. now owns 20,460 shares of the financial services provider’s stock worth $578,000 after acquiring an additional 12,299 shares during the period. Empowered Funds LLC increased its position in Hawthorn Bancshares by 7.2% during the 1st quarter. Empowered Funds LLC now owns 30,547 shares of the financial services provider’s stock valued at $862,000 after purchasing an additional 2,051 shares during the period. Jane Street Group LLC purchased a new position in Hawthorn Bancshares during the 1st quarter valued at $457,000. Geode Capital Management LLC raised its holdings in Hawthorn Bancshares by 101.3% in the 2nd quarter. Geode Capital Management LLC now owns 143,777 shares of the financial services provider’s stock worth $4,191,000 after purchasing an additional 72,343 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Hawthorn Bancshares by 1,725.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,757 shares of the financial services provider’s stock worth $80,000 after purchasing an additional 2,606 shares in the last quarter. Institutional investors own 30.73% of the company’s stock.

Hawthorn Bancshares Company Profile

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.