Hawthorn Bancshares (NASDAQ:HWBK) Downgraded by Wall Street Zen to Hold

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

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

Hawthorn Bancshares Stock Down 1.2%

Shares of NASDAQ HWBK opened at $37.82 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.97 and a quick ratio of 0.97. The company has a 50-day moving average price of $39.12 and a 200-day moving average price of $37.32. The stock has a market capitalization of $260.96 million, a P/E ratio of 9.90 and a beta of 0.47. Hawthorn Bancshares has a 1 year low of $29.39 and a 1 year high of $40.60.

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

Hawthorn Bancshares Dividend Announcement

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

Hedge Funds Weigh In On Hawthorn Bancshares

Several institutional investors have recently added to or reduced their stakes in the stock. Deutsche Bank AG bought a new stake in Hawthorn Bancshares in the second quarter worth about $192,000. Hsbc Holdings PLC bought a new stake in shares of Hawthorn Bancshares in the 2nd quarter worth approximately $247,000. Eagle Bluffs Wealth Management LLC lifted its stake in Hawthorn Bancshares by 3.8% in the fourth quarter. Eagle Bluffs Wealth Management LLC now owns 13,747 shares of the financial services provider’s stock valued at $482,000 after purchasing an additional 497 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Hawthorn Bancshares during the second quarter valued at $562,000. Finally, Empowered Funds LLC purchased a new stake in Hawthorn Bancshares in the second quarter worth $1,284,000. Institutional investors own 30.73% of the company’s stock.

About Hawthorn Bancshares

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.