Hawthorn Bancshares (HWBK) Cut to “Hold” at ValuEngine

Hawthorn Bancshares (NASDAQ:HWBK) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Friday.

Separately, TheStreet raised Hawthorn Bancshares from a “c+” rating to a “b-” rating in a research report on Friday, September 29th.

Shares of Hawthorn Bancshares (NASDAQ:HWBK) traded up $0.15 during mid-day trading on Friday, hitting $20.30. 3,777 shares of the stock were exchanged, compared to its average volume of 2,217. Hawthorn Bancshares has a 1 year low of $14.90 and a 1 year high of $22.36. The company has a market cap of $117.75, a PE ratio of 15.35 and a beta of 0.19. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.45.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its earnings results on Thursday, October 26th. The financial services provider reported $0.30 EPS for the quarter. The firm had revenue of $12.93 million for the quarter. Hawthorn Bancshares had a net margin of 13.25% and a return on equity of 8.28%.

Hawthorn Bancshares declared that its board has initiated a stock repurchase program on Wednesday, August 9th that authorizes the company to repurchase $1.50 million in shares. This repurchase authorization authorizes the financial services provider to buy up to 1.2% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Several institutional investors and hedge funds have recently bought and sold shares of the company. California Public Employees Retirement System raised its position in shares of Hawthorn Bancshares by 4.0% in the 2nd quarter. California Public Employees Retirement System now owns 13,058 shares of the financial services provider’s stock worth $272,000 after purchasing an additional 502 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Hawthorn Bancshares by 4.0% in the 2nd quarter. Vanguard Group Inc. now owns 62,937 shares of the financial services provider’s stock worth $1,309,000 after purchasing an additional 2,420 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Hawthorn Bancshares by 5.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 88,968 shares of the financial services provider’s stock worth $1,851,000 after purchasing an additional 4,354 shares during the last quarter. Finally, River Oaks Capital LLC raised its position in shares of Hawthorn Bancshares by 4.0% in the 2nd quarter. River Oaks Capital LLC now owns 162,864 shares of the financial services provider’s stock worth $3,412,000 after purchasing an additional 6,264 shares during the last quarter. 18.22% of the stock is owned by hedge funds and other institutional investors.

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Hawthorn Bancshares Company Profile

Hawthorn Bancshares, Inc is a bank holding company. Its activities are limited to ownership, indirectly through its subsidiary, Union State Bancshares, Inc (Union), of the outstanding capital stock of Hawthorn Bank. Hawthorn Bank is a full service bank conducting a general banking and trust business, offering its customers checking and savings accounts, Internet banking, debit cards, certificates of deposit, trust services, brokerage services, safety deposit boxes and a range of lending services.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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