StockNews.com assumed hedging on the shares of Hawthorn Bancshares (NASDAQ: HWBK – Get a rating) in a report released Saturday. The brokerage has set a “buy” rating on the shares of the financial services provider.
NASDAQ:HWBK shares opened at $26.24 on Friday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt ratio of 1.03. The company has a market capitalization of $173.11 million, a PE ratio of 7.71 and a beta of 0.50. Hawthorn Bancshares has a 12-month low of $20.85 and a 12-month high of $27.46. The company has a 50-day moving average price of $25.82 and a two-hundred-day moving average price of $24.73.
Hawthorn Bancshares (NASDAQ: HWBK – Get a rating) last announced its quarterly results on Friday, January 28. The financial services provider reported earnings per share (EPS) of $0.90 for the quarter. The company had revenue of $18.78 million for the quarter. Hawthorn Bancshares had a net margin of 27.86% and a return on equity of 16.63%.
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Several institutional investors have recently changed their holdings in HWBK. Nuveen Asset Management LLC bought a new equity position in Hawthorn Bancshares in the second quarter worth approximately $216,000. Morgan Stanley increased its holdings of Hawthorn Bancshares shares by 13,886.1% in the second quarter. Morgan Stanley now owns 5,035 shares of the financial services provider worth $115,000 after buying an additional 4,999 shares in the last quarter. Royal Bank of Canada increased its holdings of Hawthorn Bancshares shares by 149.0% in the second quarter. Royal Bank of Canada now owns 1,484 shares of the financial services provider worth $34,000 after buying 888 more shares in the last quarter. Millennium Management LLC purchased a new equity position from Hawthorn Bancshares in the second quarter for a value of approximately $2,137,000. Finally, CENTRAL TRUST Co increased its holdings in Hawthorn Bancshares by 27.0% in the third quarter. CENTRAL TRUST Co now owns 4,780 shares of the financial services provider valued at $111,000 after acquiring 1,017 additional shares last quarter. Hedge funds and other institutional investors hold 32.90% of the company’s shares.
Hawthorn Bancshares Company Profile (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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