StockNews.com began to cover the shares of Hawthorn Bancshares (NASDAQ: HWBK – Get a rating) in a note released Thursday to investors. The company has set a “buy” rating on the shares of the financial services provider.
The NASDAQ HWBK opened at $25.51 on Thursday. Hawthorn Bancshares has a 52-week low of $20.76 and a 52-week high of $27.46. The stock has a market capitalization of $168.80 million, a price/earnings ratio of 7.49 and a beta of 0.50. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt ratio of 1.03. The company’s 50-day simple moving average is $25.74.
Hawthorn Bancshares (NASDAQ: HWBK – Get a rating) last released its quarterly results on Friday, January 28. The financial services provider reported EPS of $0.90 for the quarter. Hawthorn Bancshares had a net margin of 27.86% and a return on equity of 16.63%. The company had revenue of $18.78 million in the quarter.
Several hedge funds and other institutional investors have recently increased or reduced their stake in HWBK. BlackRock Inc. increased its stake in shares of Hawthorn Bancshares by 5.0% during the 4th quarter. BlackRock Inc. now owns 25,398 shares of the financial services provider valued at $659,000 after acquiring an additional 1,204 shares during the period. Kennedy Capital Management Inc. purchased a new equity position in Hawthorn Bancshares during Q4, valued at approximately $733,000. Alliancebernstein LP increased its stake in Hawthorn Bancshares shares by 39.5% during the 4th quarter. Alliancebernstein LP now owns 183,924 shares of the financial services provider valued at $4,771,000 after acquiring an additional 52,067 shares during the period. Renaissance Technologies LLC increased its stake in the shares of Hawthorn Bancshares by 10.5% during the 4th quarter. Renaissance Technologies LLC now owns 22,058 shares of the financial services provider valued at $572,000 after acquiring an additional 2,100 shares during the period. Finally, Sonen Capital LLC purchased a new equity position in Hawthorn Bancshares during Q4 valued at approximately $698,000. 32.90% of the shares are held by hedge funds and other institutional investors.
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About Hawthorn Bancshares (Get a rating)
Hawthorn Bancshares, Inc. operates as a bank holding company, which provides retail and corporate banking services through its subsidiary, Hawthorn Bank. It offers checking and savings accounts, Internet banking, debit cards, certificates of deposit, brokerage services, personal loans, installment loans, trust services, credit-linked insurance and safes.
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