Hawthorn Bancshares (NASDAQ:HWBK) Stock Price Passes Below 200 Day Moving Average - What's Next?

Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $30.08 and traded as low as $29.47. Hawthorn Bancshares shares last traded at $29.56, with a volume of 7,280 shares changing hands.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded shares of Hawthorn Bancshares from a "buy" rating to a "hold" rating in a research note on Thursday, April 10th.

Hawthorn Bancshares Trading Down 1.5%

The company has a debt-to-equity ratio of 1.00, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $202.37 million, a price-to-earnings ratio of 11.16 and a beta of 0.61. The business's 50-day moving average price is $28.80 and its two-hundred day moving average price is $30.13.

Hawthorn Bancshares (NASDAQ:HWBK - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.77 earnings per share for the quarter. The firm had revenue of $18.76 million during the quarter. Hawthorn Bancshares had a return on equity of 13.00% and a net margin of 16.65%.

Hawthorn Bancshares Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Sunday, June 15th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date of this dividend is Friday, June 13th. This is an increase from Hawthorn Bancshares's previous quarterly dividend of $0.19. Hawthorn Bancshares's payout ratio is 29.09%.

Institutional Investors Weigh In On Hawthorn Bancshares

A number of large investors have recently bought and sold shares of HWBK. Barclays PLC raised its position in shares of Hawthorn Bancshares by 44.1% in the 4th quarter. Barclays PLC now owns 1,059 shares of the financial services provider's stock valued at $30,000 after buying an additional 324 shares in the last quarter. Bridgeway Capital Management LLC increased its stake in 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 acquiring an additional 477 shares during the last quarter. Alexander Labrunerie & CO. Inc. raised its position in Hawthorn Bancshares by 4.3% during the fourth quarter. Alexander Labrunerie & CO. Inc. now owns 15,214 shares of the financial services provider's stock valued at $431,000 after purchasing an additional 625 shares in the last quarter. Northern Trust Corp raised its position in Hawthorn Bancshares by 8.0% during the fourth quarter. Northern Trust Corp now owns 14,834 shares of the financial services provider's stock valued at $421,000 after purchasing an additional 1,101 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in Hawthorn Bancshares by 4.9% during the fourth quarter. Empowered Funds LLC now owns 28,496 shares of the financial services provider's stock worth $808,000 after purchasing an additional 1,327 shares during the last quarter. 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.