Hawthorn Bancshares (NASDAQ:HWBK) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of Hawthorn Bancshares (NASDAQ:HWBKGet Rating) in a research note published on Monday. The brokerage issued a buy rating on the financial services provider’s stock.

Hawthorn Bancshares Stock Performance

Shares of HWBK opened at $22.70 on Monday. The company has a market capitalization of $153.68 million, a PE ratio of 7.06 and a beta of 0.46. Hawthorn Bancshares has a one year low of $21.65 and a one year high of $27.46. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.96 and a quick ratio of 0.96. The company’s fifty day moving average price is $22.82 and its 200 day moving average price is $24.50.

Hawthorn Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, January 1st. Shareholders of record on Thursday, December 15th will be given a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, December 14th. This represents a $0.68 dividend on an annualized basis and a yield of 3.00%. Hawthorn Bancshares’s dividend payout ratio (DPR) is presently 21.14%.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of large investors have recently modified their holdings of the stock. FJ Capital Management LLC lifted its holdings in Hawthorn Bancshares by 0.7% in the first quarter. FJ Capital Management LLC now owns 66,465 shares of the financial services provider’s stock valued at $1,680,000 after buying an additional 465 shares during the period. Strategic Value Bank Partners LLC boosted its holdings in Hawthorn Bancshares by 22.2% during the second quarter. Strategic Value Bank Partners LLC now owns 5,038 shares of the financial services provider’s stock worth $128,000 after purchasing an additional 916 shares during the last quarter. PL Capital Advisors LLC boosted its holdings in Hawthorn Bancshares by 0.3% during the third quarter. PL Capital Advisors LLC now owns 355,448 shares of the financial services provider’s stock worth $7,155,000 after purchasing an additional 1,081 shares during the last quarter. Pinnacle Holdings LLC boosted its holdings in Hawthorn Bancshares by 4.0% during the second quarter. Pinnacle Holdings LLC now owns 41,654 shares of the financial services provider’s stock worth $1,062,000 after purchasing an additional 1,602 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Hawthorn Bancshares by 0.9% during the third quarter. Dimensional Fund Advisors LP now owns 176,553 shares of the financial services provider’s stock worth $3,860,000 after purchasing an additional 1,607 shares during the last quarter. 25.82% of the stock is currently owned by institutional investors and hedge funds.

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.

Further Reading

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