Empowered Funds LLC Buys Shares of 32,677 Hawthorn Bancshares, Inc. $HWBK

Key Points

• Empowered Funds LLC acquired 32,677 shares of Hawthorn Bancshares in the second quarter, valued at approximately $1.28 million and representing a 0.47% stake. Institutional investors collectively own 30.73% of the company.
• Analysts upgraded Hawthorn Bancshares to a “Buy,” giving the stock a consensus Buy rating. The shares opened at $40.09, near their 12-month high of $40.60.
• The company reported quarterly earnings of $1.06 per share on $22.91 million in revenue and declared a $0.21 quarterly dividend, equivalent to an annualized $0.84 payout and a 2.1% yield.

Empowered Funds LLC acquired a new position in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 32,677 shares of the financial services provider's stock, valued at approximately $1,284,000. Empowered Funds LLC owned 0.47% of Hawthorn Bancshares at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its position in shares of Hawthorn Bancshares by 38.2% in the third quarter. BNP Paribas Financial Markets now owns 1,195 shares of the financial services provider's stock worth $37,000 after purchasing an additional 330 shares in the last quarter. Bridgeway Capital Management LLC boosted 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 valued at $2,145,000 after buying an additional 421 shares during the period. Eagle Bluffs Wealth Management LLC grew its holdings in shares of Hawthorn Bancshares by 3.8% during the 4th quarter. Eagle Bluffs Wealth Management LLC now owns 13,747 shares of the financial services provider's stock valued at $482,000 after acquiring an additional 497 shares in the last quarter. Deutsche Bank AG increased its stake in shares of Hawthorn Bancshares by 16.8% in the fourth quarter. Deutsche Bank AG now owns 4,665 shares of the financial services provider's stock worth $163,000 after acquiring an additional 670 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of Hawthorn Bancshares in the fourth quarter worth $50,000. Hedge funds and other institutional investors own 30.73% of the company's stock.

Analysts Set New Price Targets

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

Hawthorn Bancshares Trading Up 1.3%

NASDAQ:HWBK opened at $40.09 on Friday. The company's 50 day moving average is $39.05 and its 200-day moving average is $36.44. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.43. Hawthorn Bancshares, Inc. has a 12 month low of $29.39 and a 12 month high of $40.60. The firm has a market cap of $276.62 million, a price-to-earnings ratio of 10.49 and a beta of 0.45.

Hawthorn Bancshares (NASDAQ:HWBK - Get Free Report) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $1.06 EPS for the quarter. The firm had revenue of $22.91 million for the quarter. Hawthorn Bancshares had a net margin of 22.77% and a return on equity of 15.15%.

Hawthorn Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a dividend of $0.21 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.84 annualized dividend and a yield of 2.1%. Hawthorn Bancshares's dividend payout ratio is presently 21.99%.

Hawthorn Bancshares 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.

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