Hawthorn Bancshares (NASDAQ:HWBK) Raised to “Buy” at Wall Street Zen

Hawthorn Bancshares (NASDAQ:HWBK) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Separately, Weiss Ratings raised shares of Hawthorn Bancshares from a “hold (c)” rating to a “buy (b)” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Hawthorn Bancshares Stock Performance

Shares of HWBK opened at $39.90 on Friday. The business has a 50-day moving average of $38.66 and a 200 day moving average of $35.97. Hawthorn Bancshares has a fifty-two week low of $29.39 and a fifty-two week high of $40.60. The firm has a market cap of $275.31 million, a P/E ratio of 10.45 and a beta of 0.45. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.97 and a current ratio of 0.97.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter. The business had revenue of $22.91 million for the quarter. Hawthorn Bancshares had a return on equity of 15.15% and a net margin of 22.77%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets purchased a new stake in shares of Hawthorn Bancshares in the second quarter worth about $25,000. Kestra Advisory Services LLC bought a new position in shares of Hawthorn Bancshares in the fourth quarter valued at approximately $50,000. Bank of America Corp DE grew its stake in Hawthorn Bancshares by 3,777.6% during the second quarter. Bank of America Corp DE now owns 2,598 shares of the financial services provider’s stock valued at $76,000 after acquiring an additional 2,531 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Hawthorn Bancshares by 1,725.8% during the second quarter. JPMorgan Chase & Co. now owns 2,757 shares of the financial services provider’s stock valued at $80,000 after acquiring an additional 2,606 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Hawthorn Bancshares during the second quarter valued at approximately $93,000. Hedge funds and other institutional investors own 30.73% of the company’s stock.

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.