Hawthorn Bancshares (NASDAQ:HWBK) Cut to Hold at Wall Street Zen

Wall Street Zen downgraded shares of Hawthorn Bancshares (NASDAQ:HWBK) from a buy rating to a hold rating in a report released on Saturday,Wall Street Zen reports.

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

Hawthorn Bancshares Trading Up 0.4%

Shares of Hawthorn Bancshares stock opened at $37.99 on Friday. Hawthorn Bancshares has a 52-week low of $29.39 and a 52-week high of $40.60. 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’s 50-day simple moving average is $39.09 and its 200-day simple moving average is $37.39. The firm has a market cap of $262.13 million, a price-to-earnings ratio of 9.95 and a beta of 0.47.

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

Hawthorn Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.84 dividend on an annualized basis and a yield of 2.2%. Hawthorn Bancshares’s dividend payout ratio (DPR) is currently 21.99%.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of large investors have recently modified their holdings of the company. Ategra Capital Management LLC acquired a new position in Hawthorn Bancshares in the second quarter worth about $13,456,000. BlackRock Inc. bought a new stake in Hawthorn Bancshares in the second quarter valued at about $13,176,000. Dimensional Fund Advisors LP increased its holdings in Hawthorn Bancshares by 1.6% in the first quarter. Dimensional Fund Advisors LP now owns 158,332 shares of the financial services provider’s stock valued at $5,335,000 after buying an additional 2,419 shares during the last quarter. Pinnacle Holdings LLC bought a new stake in Hawthorn Bancshares in the second quarter valued at about $1,811,000. Finally, Empowered Funds LLC acquired a new stake in Hawthorn Bancshares during the second quarter valued at approximately $1,284,000. 30.73% of the stock is currently owned by hedge funds and other institutional investors.

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.