Hawthorn Bancshares (NASDAQ:HWBK) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Hawthorn Bancshares (NASDAQ:HWBK - Free Report) from a hold rating to a buy rating in a research report sent to investors on Tuesday morning.

Hawthorn Bancshares Stock Performance

NASDAQ:HWBK traded down $1.25 during midday trading on Tuesday, reaching $26.73. The stock had a trading volume of 24,865 shares, compared to its average volume of 9,689. Hawthorn Bancshares has a 1-year low of $17.86 and a 1-year high of $35.95. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $201.95 million, a P/E ratio of 10.24 and a beta of 0.59. The firm's fifty day simple moving average is $30.77 and its 200-day simple moving average is $29.03.

Hawthorn Bancshares (NASDAQ:HWBK - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.66 earnings per share for the quarter. Hawthorn Bancshares had a return on equity of 13.00% and a net margin of 16.65%.

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Hawthorn Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Saturday, March 15th were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date of this dividend was Friday, March 14th. Hawthorn Bancshares's dividend payout ratio is currently 29.12%.

Insiders Place Their Bets

In other Hawthorn Bancshares news, Director Jonathan Holtaway sold 2,682 shares of the firm's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $32.91, for a total transaction of $88,264.62. Following the transaction, the director now owns 366,598 shares in the company, valued at approximately $12,064,740.18. This trade represents a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 23.40% of the company's stock.

Institutional Trading of Hawthorn Bancshares

Hedge funds have recently added to or reduced their stakes in the business. Millennium Management LLC lifted its holdings in shares of Hawthorn Bancshares by 29.3% during the 4th quarter. Millennium Management LLC now owns 25,881 shares of the financial services provider's stock valued at $734,000 after purchasing an additional 5,870 shares in the last quarter. Bridgeway Capital Management LLC raised its holdings in Hawthorn Bancshares by 0.7% during the 4th quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider's stock worth $2,085,000 after buying an additional 477 shares during the period. Citadel Advisors LLC bought a new position in Hawthorn Bancshares in the fourth quarter valued at approximately $218,000. 683 Capital Management LLC acquired a new position in shares of Hawthorn Bancshares in the fourth quarter valued at approximately $320,000. Finally, Rhino Investment Partners Inc bought a new stake in shares of Hawthorn Bancshares during the fourth quarter worth $2,046,000. Institutional investors and hedge funds own 30.73% of the company's stock.

About Hawthorn Bancshares

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.