Hawthorn Bancshares (NASDAQ:HWBK) Downgraded to “Sell” at ValuEngine

ValuEngine downgraded shares of Hawthorn Bancshares (NASDAQ:HWBK) from a hold rating to a sell rating in a research report sent to investors on Thursday morning, ValuEngine reports.

Shares of HWBK traded down $0.41 during mid-day trading on Thursday, hitting $23.18. The stock had a trading volume of 1,129 shares, compared to its average volume of 14,522. The company has a market capitalization of $148.06 million, a price-to-earnings ratio of 12.07 and a beta of 0.20. The stock’s fifty day moving average price is $26.24. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.98 and a current ratio of 0.98. Hawthorn Bancshares has a 52 week low of $20.05 and a 52 week high of $28.62.

Several large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its stake in shares of Hawthorn Bancshares by 30.0% during the 4th quarter. BlackRock Inc. now owns 6,754 shares of the financial services provider’s stock valued at $141,000 after purchasing an additional 1,559 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Hawthorn Bancshares by 7.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 119,916 shares of the financial services provider’s stock valued at $2,522,000 after purchasing an additional 8,572 shares during the period. Finally, PL Capital Advisors LLC raised its stake in shares of Hawthorn Bancshares by 4.0% during the 2nd quarter. PL Capital Advisors LLC now owns 247,294 shares of the financial services provider’s stock valued at $6,627,000 after purchasing an additional 9,510 shares during the period. Institutional investors own 27.84% of the company’s stock.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in Missouri. The company offers checking and savings accounts, and certificates of deposit; and a range of lending services, including commercial and industrial, single payment personal, installment, and commercial and residential real estate loans.

Further Reading: Consumer behavior in bull markets

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Hawthorn Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hawthorn Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.