Hawthorn Bancshares (NASDAQ:HWBK) Upgraded at StockNews.com

StockNews.com upgraded shares of Hawthorn Bancshares (NASDAQ:HWBK) from a hold rating to a buy rating in a research note published on Tuesday.

Hawthorn Bancshares Stock Performance

NASDAQ:HWBK traded down $0.78 on Tuesday, hitting $27.85. The company’s stock had a trading volume of 754 shares, compared to its average volume of 11,095. Hawthorn Bancshares has a one year low of $17.86 and a one year high of $29.66. The firm has a market capitalization of $194.67 million, a P/E ratio of 31.81 and a beta of 0.53. The stock has a fifty day moving average of $25.15 and a two-hundred day moving average of $22.12. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.07.

Hawthorn Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Sunday, December 15th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date of this dividend is Friday, December 13th. Hawthorn Bancshares’s dividend payout ratio is 84.44%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Empowered Funds LLC boosted its holdings in shares of Hawthorn Bancshares by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock valued at $680,000 after purchasing an additional 1,340 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Hawthorn Bancshares by 36.5% during the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after buying an additional 6,700 shares during the last quarter. Vanguard Group Inc. boosted its stake in Hawthorn Bancshares by 4.8% in the first quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock valued at $5,686,000 after buying an additional 12,800 shares in the last quarter. Finally, Alexander Labrunerie & CO. Inc. bought a new position in Hawthorn Bancshares in the first quarter valued at about $381,000. 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.