Hawthorn Bancshares (NASDAQ:HWBK) Issues Quarterly Earnings Results

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

Hawthorn Bancshares Stock Performance

Shares of HWBK stock opened at $38.96 on Friday. Hawthorn Bancshares has a one year low of $30.07 and a one year high of $40.60. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.97 and a current ratio of 0.97. The company has a 50 day moving average price of $38.78 and a 200 day moving average price of $36.57. The firm has a market capitalization of $268.86 million, a price-to-earnings ratio of 10.20 and a beta of 0.47.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Hawthorn Bancshares

Institutional investors and hedge funds have recently modified their holdings of the stock. Ategra Capital Management LLC acquired a new stake in Hawthorn Bancshares during the 2nd quarter valued at $13,456,000. BlackRock Inc. acquired a new stake in Hawthorn Bancshares in the second quarter worth $13,176,000. Dimensional Fund Advisors LP boosted its position in shares of Hawthorn Bancshares by 1.6% during the first quarter. Dimensional Fund Advisors LP now owns 158,332 shares of the financial services provider’s stock worth $5,335,000 after buying an additional 2,419 shares during the period. Pinnacle Holdings LLC bought a new position in shares of Hawthorn Bancshares in the second quarter worth $1,811,000. Finally, Empowered Funds LLC acquired a new position in shares of Hawthorn Bancshares during the second quarter valued at $1,284,000. Hedge funds and other institutional investors own 30.73% of the company’s stock.

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.