Hawthorn Bancshares (NASDAQ:HWBK) Upgraded to “Hold” at StockNews.com

Hawthorn Bancshares (NASDAQ:HWBK) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

Hawthorn Bancshares Stock Performance

Shares of HWBK stock traded down $0.25 during trading hours on Tuesday, hitting $18.31. 10,139 shares of the company were exchanged, compared to its average volume of 16,750. The firm has a fifty day simple moving average of $20.86 and a 200 day simple moving average of $21.41. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.15. Hawthorn Bancshares has a 52-week low of $15.02 and a 52-week high of $26.00. The stock has a market capitalization of $128.54 million, a price-to-earnings ratio of 139.20 and a beta of 0.46.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its quarterly earnings results on Tuesday, January 30th. The financial services provider reported ($1.05) earnings per share (EPS) for the quarter. Hawthorn Bancshares had a return on equity of 0.75% and a net margin of 0.96%. The company had revenue of $18.00 million for the quarter.

Insider Activity at Hawthorn Bancshares

In other Hawthorn Bancshares news, Director Jonathan L. States acquired 1,200 shares of Hawthorn Bancshares stock in a transaction that occurred on Thursday, February 29th. The stock was acquired at an average cost of $21.57 per share, for a total transaction of $25,884.00. Following the purchase, the director now owns 3,255 shares of the company’s stock, valued at $70,210.35. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Hawthorn Bancshares news, Director Jonathan L. States acquired 1,200 shares of Hawthorn Bancshares stock in a transaction that occurred on Thursday, February 29th. The stock was acquired at an average cost of $21.57 per share, for a total transaction of $25,884.00. Following the purchase, the director now owns 3,255 shares of the company’s stock, valued at $70,210.35. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Douglas Todd Eden acquired 5,000 shares of Hawthorn Bancshares stock in a transaction that occurred on Monday, March 11th. The stock was acquired at an average price of $20.37 per share, with a total value of $101,850.00. Following the completion of the purchase, the director now directly owns 85,000 shares in the company, valued at approximately $1,731,450. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 20,400 shares of company stock worth $426,846. Corporate insiders own 12.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Eagle Bluffs Wealth Management LLC purchased a new position in shares of Hawthorn Bancshares during the 1st quarter valued at $240,000. Gendell Jeffrey L grew its position in shares of Hawthorn Bancshares by 4.0% during the 3rd quarter. Gendell Jeffrey L now owns 16,505 shares of the financial services provider’s stock valued at $268,000 after purchasing an additional 634 shares in the last quarter. Finally, CENTRAL TRUST Co grew its position in shares of Hawthorn Bancshares by 99.2% during the 3rd quarter. CENTRAL TRUST Co now owns 10,017 shares of the financial services provider’s stock valued at $163,000 after purchasing an additional 4,988 shares in the last quarter. 30.73% of the stock is currently owned by hedge funds and other institutional investors.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in the United States. It accepts checking, savings, money market, individual retirement, and other time deposit accounts, as well as certificates of deposit. The company also offers commercial and industrial, single payment personal, installment, commercial and residential real estate, and consumer loans, as well as equipment, operating, and small business administration loans; and debit and credit cards.