Hawthorn Bancshares (NASDAQ:HWBK) Stock Passes Above 50-Day Moving Average – Time to Sell?

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $34.43 and traded as high as $36.30. Hawthorn Bancshares shares last traded at $36.30, with a volume of 4,564 shares trading hands.

Analyst Ratings Changes

HWBK has been the topic of several research reports. Weiss Ratings restated a “hold (c)” rating on shares of Hawthorn Bancshares in a research note on Friday, March 27th. Wall Street Zen lowered Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Hawthorn Bancshares Stock Performance

The company has a market capitalization of $250.47 million, a PE ratio of 9.97 and a beta of 0.43. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.82. The company has a 50-day moving average price of $34.43 and a two-hundred day moving average price of $33.83.

Hawthorn Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a $0.21 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.84 annualized dividend and a dividend yield of 2.3%. Hawthorn Bancshares’s payout ratio is 23.08%.

Hedge Funds Weigh In On Hawthorn Bancshares

Hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC lifted its stake 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. Jane Street Group LLC bought a new position in Hawthorn Bancshares in the 1st quarter valued at $457,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of Hawthorn Bancshares during the 2nd quarter valued at $455,000. Goldman Sachs Group Inc. grew its position in shares of Hawthorn Bancshares by 150.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 20,460 shares of the financial services provider’s stock valued at $578,000 after purchasing an additional 12,299 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of Hawthorn Bancshares by 44.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 32,430 shares of the financial services provider’s stock worth $1,131,000 after purchasing an additional 10,055 shares during the period. Hedge funds and other institutional investors own 30.73% of the company’s stock.

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.