Hawthorn Bancshares (NASDAQ:HWBK) Share Price Passes Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Hawthorn Bancshares' stock price fell below its 200-day moving average of $29.73 during trading, closing at $30.35 with a trading volume of 10,235 shares.
• Despite the recent drop, analysts maintain a consensus "Buy" rating for the stock, with Weiss Ratings reaffirming a "buy (b-)" rating.
• The company declared a quarterly $0.20 dividend, yielding 2.6%, contributing to a payout ratio of 26.94% for shareholders who were on record by September 15th.

Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $29.73 and traded as low as $29.72. Hawthorn Bancshares shares last traded at $30.35, with a volume of 10,235 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "buy (b-)" rating on shares of Hawthorn Bancshares in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy".

Hawthorn Bancshares Stock Up 3.2%

The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.21. The firm's 50 day simple moving average is $31.09 and its 200-day simple moving average is $29.73. The stock has a market capitalization of $209.72 million, a price-to-earnings ratio of 10.22 and a beta of 0.61.

Hawthorn Bancshares (NASDAQ:HWBK - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a net margin of 18.88% and a return on equity of 13.63%. The firm had revenue of $19.69 million for the quarter.

Hawthorn Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Monday, September 15th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.6%. The ex-dividend date was Monday, September 15th. Hawthorn Bancshares's payout ratio is presently 26.94%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets acquired a new position in shares of Hawthorn Bancshares during the 2nd quarter worth about $25,000. Bridgeway Capital Management LLC increased its stake in shares of Hawthorn Bancshares by 0.6% during the 2nd quarter. Bridgeway Capital Management LLC now owns 73,604 shares of the financial services provider's stock worth $2,145,000 after purchasing an additional 421 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Hawthorn Bancshares by 3,777.6% during the 2nd quarter. Bank of America Corp DE now owns 2,598 shares of the financial services provider's stock worth $76,000 after purchasing an additional 2,531 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Hawthorn Bancshares during the 2nd quarter worth about $93,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of Hawthorn Bancshares during the 2nd quarter worth about $455,000. 30.73% of the stock is currently 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.

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