Hawthorn Bancshares (NASDAQ:HWBK) Cut to “Hold” at Wall Street Zen

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

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hawthorn Bancshares in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Hawthorn Bancshares Stock Performance

Shares of NASDAQ HWBK traded down $1.42 during mid-day trading on Friday, hitting $31.96. The company had a trading volume of 7,144 shares, compared to its average volume of 6,957. Hawthorn Bancshares has a 12 month low of $25.21 and a 12 month high of $36.49. The stock has a market cap of $220.52 million, a price-to-earnings ratio of 10.02 and a beta of 0.53. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.06 and a quick ratio of 1.06. The firm’s 50 day simple moving average is $33.35 and its two-hundred day simple moving average is $31.45.

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. increased its position in shares of Hawthorn Bancshares by 150.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 20,460 shares of the financial services provider’s stock valued at $578,000 after purchasing an additional 12,299 shares during the period. Rhumbline Advisers bought a new position in Hawthorn Bancshares during the second quarter valued at about $238,000. Creative Planning bought a new position in Hawthorn Bancshares during the third quarter valued at about $206,000. JPMorgan Chase & Co. grew its holdings in 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. Finally, New York State Common Retirement Fund bought a new stake in Hawthorn Bancshares in the second quarter worth about $108,000. Institutional investors and hedge funds own 30.73% of the company’s stock.

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.