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 research report report published on Sunday,Wall Street Zen reports.

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Hawthorn Bancshares in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Hawthorn Bancshares Stock Up 1.5%

Shares of Hawthorn Bancshares stock opened at $38.71 on Friday. Hawthorn Bancshares has a 52-week low of $29.39 and a 52-week high of $40.60. The company has a 50 day moving average of $38.88 and a 200 day moving average of $37.58. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $267.10 million, a P/E ratio of 10.13 and a beta of 0.47.

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

Hawthorn Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th were issued a $0.21 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.2%. Hawthorn Bancshares’s dividend payout ratio is presently 21.99%.

Institutional Investors Weigh In On Hawthorn Bancshares

Several institutional investors have recently added to or reduced their stakes in HWBK. Deutsche Bank AG acquired a new position in Hawthorn Bancshares in the second quarter valued at approximately $192,000. Hsbc Holdings PLC acquired a new stake in Hawthorn Bancshares during the second quarter worth approximately $247,000. Bank of New York Mellon Corp acquired a new stake in Hawthorn Bancshares during the second quarter worth approximately $562,000. Empowered Funds LLC acquired a new stake in Hawthorn Bancshares during the second quarter worth approximately $1,284,000. Finally, Pinnacle Holdings LLC purchased a new stake in shares of Hawthorn Bancshares during the 2nd quarter worth approximately $1,811,000. Hedge funds and other institutional investors own 30.73% of the company’s stock.

Hawthorn Bancshares Company Profile

Hawthorn Bancshares, Inc is a bank holding company headquartered in Jefferson City, Missouri. Through its subsidiary, Hawthorn Bank, the company provides a range of banking services to individuals, families, businesses and public-sector organizations.

Hawthorn Bank offers deposit products, personal and commercial lending, mortgage services, cash-management solutions, online and mobile banking, and other financial services. Its lending activities include consumer, residential real estate, commercial real estate and business loans.

The bank serves communities primarily throughout central Missouri, with locations in markets including Jefferson City, Columbia and surrounding areas.