StockNews.com started coverage on shares of Hawthorn Bancshares (NASDAQ:HWBK - Free Report) in a research report released on Monday. The firm issued a hold rating on the financial services provider's stock.
Hawthorn Bancshares Trading Down 1.3 %
Shares of NASDAQ HWBK traded down $0.37 during trading on Monday, reaching $27.71. The stock had a trading volume of 8,066 shares, compared to its average volume of 10,791. The company has a market cap of $193.61 million, a P/E ratio of 30.79 and a beta of 0.53. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.01 and a current ratio of 1.01. The business's 50-day moving average price is $24.34 and its 200-day moving average price is $21.61. Hawthorn Bancshares has a fifty-two week low of $17.86 and a fifty-two week high of $29.66.
Hawthorn Bancshares Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 1st. Stockholders of record on Sunday, December 15th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend is Friday, December 13th. Hawthorn Bancshares's dividend payout ratio (DPR) is presently 84.44%.
Hedge Funds Weigh In On Hawthorn Bancshares
Institutional investors have recently bought and sold shares of the company. Empowered Funds LLC lifted its position in Hawthorn Bancshares by 7.9% during the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider's stock valued at $491,000 after buying an additional 1,750 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of 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 acquiring an additional 6,700 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Hawthorn Bancshares by 4.8% in the first 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 during the period. Finally, Alexander Labrunerie & CO. Inc. acquired a new stake in Hawthorn Bancshares in the 1st quarter valued at approximately $381,000. 30.73% of the stock is owned by institutional investors and hedge funds.
Hawthorn Bancshares Company Profile
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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.
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