StockNews.com Upgrades Hawthorn Bancshares (NASDAQ:HWBK) to Hold

Hawthorn Bancshares (NASDAQ:HWBK) was upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Tuesday.

Hawthorn Bancshares Price Performance

Shares of NASDAQ:HWBK opened at $18.97 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.15. Hawthorn Bancshares has a 1 year low of $15.02 and a 1 year high of $26.00. The business has a fifty day simple moving average of $20.77 and a 200 day simple moving average of $21.43. The firm has a market cap of $133.17 million, a price-to-earnings ratio of 144.21 and a beta of 0.46.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its earnings results on Tuesday, January 30th. The financial services provider reported ($1.05) earnings per share for the quarter. Hawthorn Bancshares had a net margin of 0.96% and a return on equity of 0.75%. The company had revenue of $18.00 million for the quarter.

Insider Buying and Selling at Hawthorn Bancshares

In other Hawthorn Bancshares news, Director Douglas Todd Eden purchased 7,000 shares of the stock in a transaction dated Friday, February 16th. The shares were bought at an average cost of $22.32 per share, with a total value of $156,240.00. Following the completion of the transaction, the director now owns 80,000 shares in the company, valued at approximately $1,785,600. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Hawthorn Bancshares news, Director Jonathan Holtaway purchased 5,500 shares of the business’s stock in a transaction on Thursday, March 14th. The stock was purchased at an average price of $19.12 per share, for a total transaction of $105,160.00. Following the completion of the purchase, the director now directly owns 15,500 shares in the company, valued at $296,360. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Douglas Todd Eden purchased 7,000 shares of the business’s stock in a transaction on Friday, February 16th. The shares were acquired at an average price of $22.32 per share, with a total value of $156,240.00. Following the purchase, the director now owns 80,000 shares of the company’s stock, valued at $1,785,600. The disclosure for this purchase can be found here. Insiders have purchased a total of 20,400 shares of company stock worth $426,846 over the last three months. Corporate insiders own 12.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CENTRAL TRUST Co raised its stake in shares of Hawthorn Bancshares by 99.2% in the third quarter. CENTRAL TRUST Co now owns 10,017 shares of the financial services provider’s stock valued at $163,000 after acquiring an additional 4,988 shares during the last quarter. Eagle Bluffs Wealth Management LLC bought a new position in shares of Hawthorn Bancshares in the first quarter valued at approximately $240,000. Finally, Gendell Jeffrey L raised its stake in shares of Hawthorn Bancshares by 4.0% in the third quarter. Gendell Jeffrey L now owns 16,505 shares of the financial services provider’s stock valued at $268,000 after acquiring an additional 634 shares during 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.