Empowered Funds LLC Boosts Holdings in Hawthorn Bancshares, Inc. (NASDAQ:HWBK)

Empowered Funds LLC grew its position in Hawthorn Bancshares, Inc. (NASDAQ:HWBK) by 5.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,169 shares of the financial services provider’s stock after acquiring an additional 1,340 shares during the quarter. Empowered Funds LLC owned about 0.39% of Hawthorn Bancshares worth $680,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Renaissance Technologies LLC raised its position in Hawthorn Bancshares by 36.5% in the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after purchasing an additional 6,700 shares during the period. Vanguard Group Inc. grew its stake in shares of Hawthorn Bancshares by 4.8% during the first quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock valued at $5,686,000 after buying an additional 12,800 shares during the last quarter. Finally, Alexander Labrunerie & CO. Inc. purchased a new stake in shares of Hawthorn Bancshares in the first quarter worth approximately $381,000. Institutional investors own 30.73% of the company’s stock.

Insiders Place Their Bets

In other news, Director Jonathan Holtaway sold 5,053 shares of the stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $28.57, for a total transaction of $144,364.21. Following the transaction, the director now owns 402,460 shares of the company’s stock, valued at approximately $11,498,282.20. This represents a 1.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 23.40% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Hawthorn Bancshares from a “buy” rating to a “hold” rating in a report on Wednesday.

Hawthorn Bancshares Stock Down 1.5 %

Shares of HWBK opened at $30.42 on Friday. The firm has a market capitalization of $212.64 million, a P/E ratio of 33.80 and a beta of 0.53. Hawthorn Bancshares, Inc. has a 12-month low of $17.86 and a 12-month high of $34.00. The firm has a fifty day moving average price of $26.02 and a 200-day moving average price of $22.63. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00.

Hawthorn Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 1st. Shareholders of record on Sunday, December 15th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.76 dividend on an annualized basis and a yield of 2.50%. Hawthorn Bancshares’s dividend payout ratio is currently 84.44%.

Hawthorn Bancshares Company 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.