Hawthorn Bancshares (NASDAQ:HWBK) Lowered to “Hold” Rating by StockNews.com

Hawthorn Bancshares (NASDAQ:HWBK) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday.

Hawthorn Bancshares Stock Performance

HWBK traded down $0.39 during midday trading on Monday, hitting $28.81. 9,133 shares of the company were exchanged, compared to its average volume of 9,357. The firm has a market capitalization of $217.66 million, a price-to-earnings ratio of 11.04 and a beta of 0.59. The company’s 50 day simple moving average is $31.02 and its 200 day simple moving average is $28.88. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00. Hawthorn Bancshares has a 1-year low of $17.86 and a 1-year high of $35.95.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its earnings results on Wednesday, January 22nd. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a return on equity of 13.00% and a net margin of 16.65%.

Insider Buying and Selling at Hawthorn Bancshares

In other Hawthorn Bancshares news, Director Jonathan Holtaway sold 2,682 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $32.91, for a total transaction of $88,264.62. Following the transaction, the director now owns 366,598 shares in the company, valued at approximately $12,064,740.18. This represents a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 23.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Millennium Management LLC increased its holdings in Hawthorn Bancshares by 29.3% in the 4th quarter. Millennium Management LLC now owns 25,881 shares of the financial services provider’s stock worth $734,000 after acquiring an additional 5,870 shares in the last quarter. Bridgeway Capital Management LLC grew its position in shares of Hawthorn Bancshares by 0.7% in the fourth quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider’s stock valued at $2,085,000 after purchasing an additional 477 shares during the period. Citadel Advisors LLC purchased a new stake in shares of Hawthorn Bancshares during the fourth quarter worth about $218,000. 683 Capital Management LLC acquired a new position in shares of Hawthorn Bancshares during the 4th quarter worth about $320,000. Finally, Rhino Investment Partners Inc acquired a new position in shares of Hawthorn Bancshares during the 4th quarter worth about $2,046,000. 30.73% of the stock is owned by institutional investors and hedge funds.

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.