Hawthorn Bancshares (NASDAQ:HWBK) Issues Quarterly Earnings Results

Hawthorn Bancshares (NASDAQ:HWBK) posted its earnings results on Friday. The financial services provider reported $1.23 earnings per share for the quarter, FiscalAI reports. The firm had revenue of $0.10 million during the quarter. Hawthorn Bancshares had a return on equity of 15.15% and a net margin of 22.77%.

Hawthorn Bancshares Stock Down 1.9%

HWBK stock opened at $38.96 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.97 and a quick ratio of 0.97. Hawthorn Bancshares has a 52-week low of $30.07 and a 52-week high of $40.60. The company has a 50-day moving average of $38.78 and a two-hundred day moving average of $36.57. The stock has a market capitalization of $268.82 million, a price-to-earnings ratio of 9.86 and a beta of 0.47.

Analyst Ratings Changes

HWBK has been the topic of several analyst reports. Weiss Ratings upgraded Hawthorn Bancshares from a “buy (b)” rating to a “buy (b+)” rating in a report on Wednesday. Wall Street Zen upgraded shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research note on Sunday, October 18th. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its stake in Hawthorn Bancshares by 1.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 158,332 shares of the financial services provider’s stock valued at $5,335,000 after purchasing an additional 2,419 shares during the period. Hsbc Holdings PLC grew its holdings in Hawthorn Bancshares by 39.1% in the 1st quarter. Hsbc Holdings PLC now owns 9,607 shares of the financial services provider’s stock valued at $335,000 after buying an additional 2,698 shares during the last quarter. Deutsche Bank AG acquired a new stake in Hawthorn Bancshares in the 2nd quarter valued at approximately $192,000. Bank of New York Mellon Corp bought a new position in Hawthorn Bancshares in the 2nd quarter worth approximately $562,000. Finally, Empowered Funds LLC bought a new position in Hawthorn Bancshares in the 2nd quarter worth approximately $1,284,000. 30.73% of the stock is currently owned by institutional investors.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc is a bank holding company headquartered in Jefferson City, Missouri. The company operates through its principal subsidiary, Hawthorn Bank, a community banking institution serving individuals, families, businesses and organizations primarily in communities throughout central Missouri.

Hawthorn Bank offers a range of traditional banking products and services, including checking and savings accounts, certificates of deposit, consumer lending, residential real estate loans, commercial real estate financing and business loans.