Hawthorn Bancshares (NASDAQ:HWBK) Announces Earnings Results

Hawthorn Bancshares (NASDAQ:HWBK) posted its quarterly earnings results on Wednesday. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, Zacks reports. Hawthorn Bancshares had a net margin of 22.14% and a return on equity of 15.01%. The business had revenue of $17.54 million during the quarter.

Hawthorn Bancshares Trading Down 0.5%

Shares of Hawthorn Bancshares stock opened at $38.70 on Thursday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a fifty day moving average price of $37.77 and a 200 day moving average price of $35.33. Hawthorn Bancshares has a 1 year low of $28.10 and a 1 year high of $40.36. The stock has a market cap of $267.03 million, a PE ratio of 10.63 and a beta of 0.44.

Hawthorn Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.21 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.2%. Hawthorn Bancshares’s dividend payout ratio is presently 23.08%.

Institutional Investors Weigh In On Hawthorn Bancshares

Hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its holdings in Hawthorn Bancshares by 101.3% in the second quarter. Geode Capital Management LLC now owns 143,777 shares of the financial services provider’s stock valued at $4,191,000 after acquiring an additional 72,343 shares during the period. State Street Corp boosted its holdings in Hawthorn Bancshares by 6.6% in the 4th quarter. State Street Corp now owns 78,650 shares of the financial services provider’s stock worth $2,758,000 after buying an additional 4,871 shares during the last quarter. Bridgeway Capital Management LLC boosted its stake in shares of Hawthorn Bancshares by 2.8% in the third quarter. Bridgeway Capital Management LLC now owns 75,686 shares of the financial services provider’s stock worth $2,349,000 after acquiring an additional 2,082 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Hawthorn Bancshares by 44.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 32,430 shares of the financial services provider’s stock worth $1,131,000 after buying an additional 10,055 shares in the last quarter. Finally, Barclays PLC boosted its position in Hawthorn Bancshares by 23.8% during the fourth quarter. Barclays PLC now owns 10,789 shares of the financial services provider’s stock worth $376,000 after acquiring an additional 2,073 shares during the last quarter. 30.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on HWBK shares. Wall Street Zen downgraded Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings raised Hawthorn Bancshares from a “hold (c)” rating to a “buy (b)” rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Hawthorn Bancshares has a consensus rating of “Buy”.

Hawthorn Bancshares Company Profile

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.