Empowered Funds LLC Makes New $1.28 Million Investment in Hawthorn Bancshares, Inc. $HWBK

Empowered Funds LLC acquired a new position in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 32,677 shares of the financial services provider’s stock, valued at approximately $1,284,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets acquired a new position in Hawthorn Bancshares in the 2nd quarter valued at approximately $25,000. Kestra Advisory Services LLC acquired a new position in shares of Hawthorn Bancshares in the fourth quarter valued at $50,000. Bank of America Corp DE raised its stake in shares of Hawthorn Bancshares by 3,777.6% in the second quarter. Bank of America Corp DE now owns 2,598 shares of the financial services provider’s stock valued at $76,000 after purchasing an additional 2,531 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Hawthorn Bancshares by 1,725.8% in the second quarter. JPMorgan Chase & Co. now owns 2,757 shares of the financial services provider’s stock worth $80,000 after purchasing an additional 2,606 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Hawthorn Bancshares in the second quarter worth $93,000. 30.73% of the stock is currently owned by institutional investors.

Hawthorn Bancshares Price Performance

NASDAQ:HWBK opened at $40.09 on Friday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.43. The firm has a market cap of $276.62 million, a PE ratio of 10.49 and a beta of 0.45. Hawthorn Bancshares, Inc. has a 12 month low of $29.39 and a 12 month high of $40.60. The company’s 50-day moving average price is $39.05 and its two-hundred day moving average price is $36.44.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.06 earnings per share for the quarter. Hawthorn Bancshares had a net margin of 22.77% and a return on equity of 15.15%. The company had revenue of $22.91 million during the quarter.

Hawthorn Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.1%. The ex-dividend date is Tuesday, September 15th. Hawthorn Bancshares’s dividend payout ratio (DPR) is presently 21.99%.

Analyst Ratings Changes

Several equities research analysts have issued reports on HWBK shares. Weiss Ratings raised shares of Hawthorn Bancshares from a “hold (c)” rating to a “buy (b)” rating in a report on Wednesday, July 8th. Wall Street Zen upgraded shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy”.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc is the bank holding company for Hawthorn Bank, a community-focused financial institution headquartered in Aurora, Missouri. Through its wholly owned subsidiary, the company provides a comprehensive range of banking and financial services to individuals, small businesses, agricultural enterprises and commercial clients across southwest Missouri and select markets in nearby states. Hawthorn Bank operates a network of full-service branches and digital banking platforms designed to meet the evolving needs of its customers.

The company’s core offerings include deposit products such as checking, savings and money market accounts, as well as consumer lending solutions comprising residential mortgages, home equity lines of credit, auto loans and personal loans.