Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Shares Sold by FJ Capital Management LLC

FJ Capital Management LLC lowered its stake in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Free Report) by 33.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 334,849 shares of the financial services provider's stock after selling 171,775 shares during the period. FJ Capital Management LLC owned about 4.79% of Hawthorn Bancshares worth $9,493,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Susquehanna International Group LLP increased its stake in shares of Hawthorn Bancshares by 163.3% in the 4th quarter. Susquehanna International Group LLP now owns 81,309 shares of the financial services provider's stock valued at $2,305,000 after purchasing an additional 50,429 shares in the last quarter. Bridgeway Capital Management LLC boosted its holdings in shares of Hawthorn Bancshares by 0.7% during the 4th quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider's stock worth $2,085,000 after purchasing an additional 477 shares during the last quarter. Rhino Investment Partners Inc acquired a new position in Hawthorn Bancshares in the fourth quarter valued at approximately $2,046,000. Geode Capital Management LLC boosted its holdings in Hawthorn Bancshares by 11.3% during the 3rd quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider's stock valued at $1,719,000 after acquiring an additional 6,955 shares during the period. Finally, Empowered Funds LLC boosted its holdings in Hawthorn Bancshares by 4.9% during the 4th quarter. Empowered Funds LLC now owns 28,496 shares of the financial services provider's stock valued at $808,000 after acquiring an additional 1,327 shares during the period. Hedge funds and other institutional investors own 30.73% of the company's stock.

Hawthorn Bancshares Stock Performance

Shares of HWBK stock traded up $0.81 during mid-day trading on Wednesday, hitting $29.56. 11,337 shares of the stock were exchanged, compared to its average volume of 9,740. Hawthorn Bancshares, Inc. has a 12-month low of $18.37 and a 12-month high of $35.95. The stock has a market capitalization of $206.12 million, a price-to-earnings ratio of 11.33 and a beta of 0.61. The stock's fifty day simple moving average is $28.31 and its two-hundred day simple moving average is $29.94. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.01 and a current ratio of 1.01.

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

Hawthorn Bancshares Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Sunday, June 15th will be given a $0.20 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.80 dividend on an annualized basis and a yield of 2.71%. This is an increase from Hawthorn Bancshares's previous quarterly dividend of $0.19. Hawthorn Bancshares's dividend payout ratio (DPR) is presently 29.09%.

Analysts Set New Price Targets

Separately, StockNews.com lowered Hawthorn Bancshares from a "buy" rating to a "hold" rating in a research report on Thursday, April 10th.

Hawthorn Bancshares Profile

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.