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 note released on Saturday.

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Hawthorn Bancshares in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Hawthorn Bancshares Trading Up 2.2%

Shares of HWBK opened at $33.56 on Friday. Hawthorn Bancshares has a fifty-two week low of $25.21 and a fifty-two week high of $36.49. The business has a 50-day moving average of $33.71 and a 200 day moving average of $32.59. The firm has a market cap of $231.56 million, a P/E ratio of 9.78 and a beta of 0.50. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.02 and a current ratio of 1.03.

Hawthorn Bancshares (NASDAQ:HWBK) last released its quarterly earnings data on Wednesday, January 28th. The financial services provider reported $0.90 EPS for the quarter. The business had revenue of $21.18 million for the quarter. Hawthorn Bancshares had a net margin of 21.26% and a return on equity of 14.66%.

Hawthorn Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Sunday, March 15th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Friday, March 13th. This is a positive change from Hawthorn Bancshares’s previous quarterly dividend of $0.20. Hawthorn Bancshares’s dividend payout ratio is presently 23.32%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HWBK. BNP Paribas Financial Markets purchased a new position in Hawthorn Bancshares during the 2nd quarter valued at about $25,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Hawthorn Bancshares in the second quarter worth about $37,000. Kestra Advisory Services LLC purchased a new stake in shares of Hawthorn Bancshares in the fourth quarter worth about $50,000. Bank of America Corp DE boosted its position in shares of Hawthorn Bancshares by 3,777.6% in the second quarter. Bank of America Corp DE now owns 2,598 shares of the financial services provider’s stock valued at $76,000 after acquiring an additional 2,531 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Hawthorn Bancshares by 1,725.8% in the second quarter. JPMorgan Chase & Co. now owns 2,757 shares of the financial services provider’s stock valued at $80,000 after acquiring an additional 2,606 shares during the period. 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.