Hawthorn Bancshares (NASDAQ:HWBK) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Hawthorn Bancshares, Inc. (NASDAQ:HWBK)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $34.83 and traded as high as $36.22. Hawthorn Bancshares shares last traded at $34.80, with a volume of 11,038 shares traded.

Analyst Upgrades and Downgrades

HWBK has been the topic of several analyst reports. Wall Street Zen cut Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hawthorn Bancshares in a research report on Friday, March 27th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Hawthorn Bancshares presently has a consensus rating of “Hold”.

Hawthorn Bancshares Price Performance

The firm has a fifty day moving average price of $34.83 and a two-hundred day moving average price of $34.04. The stock has a market capitalization of $240.12 million, a P/E ratio of 9.56 and a beta of 0.45. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.02 and a current ratio of 1.02.

Hawthorn Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Monday, June 15th. Hawthorn Bancshares’s dividend payout ratio (DPR) is currently 23.08%.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its holdings in Hawthorn Bancshares by 1.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 158,332 shares of the financial services provider’s stock worth $5,335,000 after purchasing an additional 2,419 shares during the period. Geode Capital Management LLC increased its stake in Hawthorn Bancshares by 101.3% in the 2nd quarter. Geode Capital Management LLC now owns 143,777 shares of the financial services provider’s stock worth $4,191,000 after buying an additional 72,343 shares in the last quarter. State Street Corp increased its stake in Hawthorn Bancshares by 6.6% in the 4th quarter. State Street Corp now owns 78,650 shares of the financial services provider’s stock worth $2,758,000 after buying an additional 4,871 shares in the last quarter. Bridgeway Capital Management LLC increased its stake in Hawthorn Bancshares by 2.8% in the 3rd quarter. Bridgeway Capital Management LLC now owns 75,686 shares of the financial services provider’s stock worth $2,349,000 after buying an additional 2,082 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in Hawthorn Bancshares by 44.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 32,430 shares of the financial services provider’s stock worth $1,131,000 after buying an additional 10,055 shares in the last quarter. 30.73% of the stock is owned by 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.