StockNews.com Begins Coverage on Hawthorn Bancshares (NASDAQ:HWBK)

StockNews.com initiated coverage on shares of Hawthorn Bancshares (NASDAQ:HWBKGet Rating) in a research report report published on Tuesday. The firm issued a buy rating on the financial services provider’s stock.

Hawthorn Bancshares Stock Performance

NASDAQ:HWBK opened at $21.49 on Tuesday. The company has a fifty day simple moving average of $22.68 and a two-hundred day simple moving average of $24.34. The company has a market cap of $145.47 million, a price-to-earnings ratio of 6.68 and a beta of 0.46. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.06. Hawthorn Bancshares has a 52 week low of $21.11 and a 52 week high of $27.46.

Hawthorn Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, January 1st. Shareholders of record on Thursday, December 15th will be paid a $0.17 dividend. The ex-dividend date is Wednesday, December 14th. This represents a $0.68 annualized dividend and a dividend yield of 3.16%. Hawthorn Bancshares’s dividend payout ratio (DPR) is 21.14%.

Hedge Funds Weigh In On Hawthorn Bancshares

Institutional investors have recently modified their holdings of the business. Strategic Value Bank Partners LLC acquired a new position in shares of Hawthorn Bancshares in the first quarter worth $104,000. Price T Rowe Associates Inc. MD acquired a new position in shares of Hawthorn Bancshares during the second quarter worth $202,000. InterOcean Capital Group LLC acquired a new position in shares of Hawthorn Bancshares during the second quarter worth $286,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of Hawthorn Bancshares during the third quarter worth $397,000. Finally, American Century Companies Inc. grew its stake in shares of Hawthorn Bancshares by 28.4% during the first quarter. American Century Companies Inc. now owns 23,481 shares of the financial services provider’s stock worth $594,000 after purchasing an additional 5,196 shares in the last quarter. Institutional investors and hedge funds own 25.82% of the company’s stock.

Hawthorn Bancshares Company Profile

(Get Rating)

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides commercial and personal banking services. It accepts checking, savings, money market, individual retirement, and other time deposit accounts; and 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.

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