Shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $24.89 and traded as high as $28.59. Hawthorn Bancshares shares last traded at $28.05, with a volume of 5,779 shares changing hands.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on shares of Hawthorn Bancshares in a report on Monday, November 4th. They set a "hold" rating for the company.
Get Our Latest Analysis on HWBK
Hawthorn Bancshares Price Performance
The stock has a market capitalization of $193.89 million, a PE ratio of 31.17 and a beta of 0.53. The firm's 50 day simple moving average is $24.89 and its 200 day simple moving average is $21.97. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.01 and a quick ratio of 1.01.
Hawthorn Bancshares Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Sunday, December 15th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date of this dividend is Friday, December 13th. Hawthorn Bancshares's payout ratio is 84.44%.
Institutional Investors Weigh In On Hawthorn Bancshares
Hedge funds and other institutional investors have recently made changes to their positions in the business. Empowered Funds LLC increased its stake in Hawthorn Bancshares by 5.2% in the third quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider's stock worth $680,000 after purchasing an additional 1,340 shares during the period. Renaissance Technologies LLC increased its stake in Hawthorn Bancshares by 36.5% during the second quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider's stock worth $496,000 after purchasing an additional 6,700 shares during the period. Alexander Labrunerie & CO. Inc. purchased a new stake in Hawthorn Bancshares in the 1st quarter valued at $381,000. Finally, Vanguard Group Inc. increased its stake in Hawthorn Bancshares by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider's stock valued at $5,686,000 after purchasing an additional 12,800 shares in the last quarter. Hedge funds and other institutional investors own 30.73% of the company's stock.
Hawthorn Bancshares Company Profile
(
Get Free Report)
Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in the United States. It accepts checking, savings, money market, individual retirement, and other time deposit accounts, as well as 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.
Featured Articles
Before you consider Hawthorn Bancshares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hawthorn Bancshares wasn't on the list.
While Hawthorn Bancshares currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
