Hawthorn Bancshares, Inc. (NASDAQ: HWBK) recorded a sharp decline in short-term interest in November. As of November 30, there was short interest totaling 12,800 shares, a decrease of 29.3% from the total of 18,100 shares on November 15. About 0.2% of the company’s shares are sold short. Based on an average trading volume of 7,200 shares, the day / coverage ratio is currently 1.8 days.
Several hedge funds have recently changed their holdings in the company. HYA Advisors Inc increased its position in shares of Hawthorn Bancshares by 4.1% during the third quarter. HYA Advisors Inc now owns 13,428 shares of the financial services provider valued at $ 314,000 after purchasing 530 additional shares in the last quarter. Royal Bank of Canada increased its stake in Hawthorn Bancshares by 149.0% during the second quarter. Royal Bank of Canada now owns 1,484 shares of the financial services provider valued at $ 34,000 after acquiring 888 additional shares during the period. CENTRAL TRUST Co increased its stake in Hawthorn Bancshares by 27.0% during the third quarter. CENTRAL TRUST Co now owns 4,780 shares of the financial services provider valued at $ 111,000 after acquiring an additional 1,017 shares during the period. Pinnacle Holdings LLC increased its stake in Hawthorn Bancshares by 4.0% during the second quarter. Pinnacle Holdings LLC now owns 26,572 shares of the financial services provider valued at $ 609,000 after acquiring 1,022 additional shares during the period. Finally, PL Capital Advisors LLC increased its stake in Hawthorn Bancshares by 0.3% during the third quarter. PL Capital Advisors LLC now owns 312,730 shares of the financial services provider valued at $ 7,243,000 after acquiring 1,040 additional shares during the period. 25.89% of the shares are currently held by institutional investors and hedge funds.
HWBK traded up $ 0.57 during trading hours on Friday, reaching $ 24.85. 4,404 shares of the company were traded for an average volume of 15,907. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt ratio of 1.03. Hawthorn Bancshares has a 52 week low of $ 18.07 and a 52 week high of $ 26.06. The company has a 50-day moving average price of $ 24.18 and a 200-day moving average price of $ 23.33. The company has a market cap of $ 164.43 million, a PE ratio of 7.59 and a beta of 0.51.
Hawthorn Bancshares (NASDAQ: HWBK) last released its quarterly results on Wednesday, October 27. The financial services provider reported EPS of $ 0.88 for the quarter. Hawthorn Bancshares had a net margin of 26.81% and a return on equity of 16.17%. The company reported sales of $ 19.06 million for the quarter.
The company also recently declared a quarterly dividend, which will be paid on Saturday, January 1. Shareholders of record on Wednesday, December 15 will receive a dividend of $ 0.15 per share. The ex-dividend date for this dividend is Tuesday, December 14. This represents an annualized dividend of $ 0.60 and a dividend yield of 2.41%. Hawthorn Bancshares’ payout ratio is 18.33%.
Hawthorn Bancshares Company Profile
Hawthorn Bancshares, Inc. operates as a banking holding company, which provides banking services to individuals and businesses 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 insurance and safes.
Recommended story: what causes a yield curve to invert?
This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]
Should you invest $ 1,000 in Hawthorn Bancshares now?
Before you consider Hawthorn Bancshares, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly asking their clients to buy now before the wider market takes hold … and Hawthorn Bancshares was not on the list.
While Hawthorn Bancshares currently has an “N / A” rating among analysts, top-rated analysts believe these five stocks are better bets.
See the 5 actions here