Wall Street Zen Downgrades Hawthorn Bancshares (NASDAQ:HWBK) to Hold

Hawthorn Bancshares (NASDAQ:HWBK) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Hawthorn Bancshares in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Hawthorn Bancshares Trading Down 4.3%

HWBK opened at $31.96 on Friday. The firm has a market cap of $220.52 million, a price-to-earnings ratio of 10.02 and a beta of 0.53. Hawthorn Bancshares has a 52 week low of $25.21 and a 52 week high of $36.49. The business’s 50 day moving average is $33.35 and its two-hundred day moving average is $31.46. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.37.

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

Institutional Trading of Hawthorn Bancshares

Several hedge funds have recently made changes to their positions in HWBK. JPMorgan Chase & Co. increased its stake in shares of Hawthorn Bancshares by 69.1% during the third quarter. JPMorgan Chase & Co. now owns 4,663 shares of the financial services provider’s stock worth $145,000 after acquiring an additional 1,906 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in Hawthorn Bancshares by 17.2% in the third 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 during the period. Creative Planning purchased a new stake in Hawthorn Bancshares in the 3rd quarter valued at approximately $206,000. Bridgeway Capital Management LLC increased its position in Hawthorn Bancshares by 2.8% during the 3rd quarter. Bridgeway Capital Management LLC now owns 75,686 shares of the financial services provider’s stock worth $2,349,000 after purchasing an additional 2,082 shares during the period. Finally, BNP Paribas Financial Markets increased its position in Hawthorn Bancshares by 38.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,195 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 330 shares during the period. Institutional investors and hedge funds own 30.73% of the company’s stock.

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.