Hawthorn Bancshares (NASDAQ:HWBK) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $32.56 and traded as high as $32.84. Hawthorn Bancshares shares last traded at $32.84, with a volume of 6,761 shares trading hands.

Analysts Set New Price Targets

Several research analysts recently commented on HWBK shares. Weiss Ratings restated a “hold (c)” rating on shares of Hawthorn Bancshares in a report on Monday, December 22nd. Wall Street Zen lowered shares of Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research report on Sunday, December 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Hawthorn Bancshares Stock Up 2.0%

The firm has a 50-day moving average of $32.56 and a 200 day moving average of $30.95. The stock has a market capitalization of $226.53 million, a price-to-earnings ratio of 10.29 and a beta of 0.53. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.37.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter. The company had revenue of $17.25 million during the quarter. Hawthorn Bancshares had a net margin of 20.09% and a return on equity of 14.22%.

Hawthorn Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 1st. Investors of record on Monday, December 15th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a $0.80 annualized dividend and a yield of 2.4%. Hawthorn Bancshares’s payout ratio is 25.08%.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its stake in shares of Hawthorn Bancshares by 101.3% during the second quarter. Geode Capital Management LLC now owns 143,777 shares of the financial services provider’s stock valued at $4,191,000 after acquiring an additional 72,343 shares in the last quarter. Bridgeway Capital Management LLC boosted its holdings in Hawthorn Bancshares by 2.8% in the third quarter. Bridgeway Capital Management LLC now owns 75,686 shares of the financial services provider’s stock valued at $2,349,000 after purchasing an additional 2,082 shares during the last quarter. Empowered Funds LLC grew its stake in Hawthorn Bancshares by 7.2% during the 1st quarter. Empowered Funds LLC now owns 30,547 shares of the financial services provider’s stock valued at $862,000 after purchasing an additional 2,051 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in Hawthorn Bancshares by 17.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 22,375 shares of the financial services provider’s stock valued at $695,000 after purchasing an additional 3,286 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Hawthorn Bancshares by 150.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 20,460 shares of the financial services provider’s stock worth $578,000 after purchasing an additional 12,299 shares during the last quarter. 30.73% of the stock is owned by hedge funds and other institutional investors.

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.