Hawthorn Bancshares (NASDAQ:HWBK) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $32.62 and traded as low as $32.45. Hawthorn Bancshares shares last traded at $32.54, with a volume of 11,011 shares traded.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hawthorn Bancshares in a report on Monday, December 29th. Wall Street Zen raised Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Hawthorn Bancshares presently has a consensus rating of “Hold”.

Hawthorn Bancshares Stock Performance

The company has a market capitalization of $224.53 million, a P/E ratio of 9.49 and a beta of 0.50. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.03 and a quick ratio of 1.02. The stock’s 50 day simple moving average is $33.70 and its two-hundred day simple moving average is $32.62.

Hawthorn Bancshares (NASDAQ:HWBK) last released its quarterly earnings results on Wednesday, January 28th. The financial services provider reported $0.90 EPS for the quarter. The business had revenue of $21.18 million for the quarter. Hawthorn Bancshares had a net margin of 21.26% and a return on equity of 14.66%.

Hawthorn Bancshares Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Sunday, March 15th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.84 annualized dividend and a yield of 2.6%. This is a positive change from Hawthorn Bancshares’s previous quarterly dividend of $0.20. Hawthorn Bancshares’s dividend payout ratio (DPR) is currently 24.49%.

Institutional Investors Weigh In On Hawthorn Bancshares

Several hedge funds and other institutional investors have recently made changes to their positions in HWBK. BNP Paribas Financial Markets bought a new stake in shares of Hawthorn Bancshares during the second quarter worth $25,000. Police & Firemen s Retirement System of New Jersey bought a new position in Hawthorn Bancshares in the second quarter valued at about $37,000. Kestra Advisory Services LLC acquired a new stake in Hawthorn Bancshares in the fourth quarter worth about $50,000. Bank of America Corp DE increased its position in Hawthorn Bancshares by 3,777.6% in the second quarter. Bank of America Corp DE now owns 2,598 shares of the financial services provider’s stock worth $76,000 after purchasing an additional 2,531 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in Hawthorn Bancshares by 1,725.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,757 shares of the financial services provider’s stock worth $80,000 after purchasing an additional 2,606 shares during the last quarter. 30.73% of the stock is owned by institutional investors and hedge funds.

Hawthorn Bancshares Company Profile

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.