Wells Fargo & Company MN Raises Holdings in Hawthorn Bancshares, Inc. (NASDAQ:HWBK)

Wells Fargo & Company MN increased its stake in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) by 19.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,011 shares of the financial services provider’s stock after buying an additional 1,160 shares during the quarter. Wells Fargo & Company MN owned about 0.11% of Hawthorn Bancshares worth $187,000 at the end of the most recent quarter.

Separately, PL Capital Advisors LLC grew its holdings in shares of Hawthorn Bancshares by 4.0% during the second quarter. PL Capital Advisors LLC now owns 247,294 shares of the financial services provider’s stock worth $6,627,000 after buying an additional 9,510 shares during the last quarter. Hedge funds and other institutional investors own 33.32% of the company’s stock.

NASDAQ HWBK opened at $24.00 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.25. Hawthorn Bancshares, Inc. has a 52-week low of $20.05 and a 52-week high of $28.62. The business’s 50-day moving average price is $23.02 and its 200 day moving average price is $24.53. The firm has a market cap of $147.93 million, a P/E ratio of 12.06 and a beta of 0.22.

Hawthorn Bancshares (NASDAQ:HWBK) last released its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a return on equity of 12.01% and a net margin of 19.58%. The firm had revenue of $14.28 million for the quarter.

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Sunday, September 15th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend was Thursday, September 12th.

In related news, Director Frank E. Burkhead purchased 2,000 shares of the stock in a transaction that occurred on Tuesday, August 27th. The shares were purchased at an average price of $21.71 per share, with a total value of $43,420.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 10.60% of the company’s stock.

Separately, ValuEngine lowered Hawthorn Bancshares from a “hold” rating to a “sell” rating in a report on Thursday, August 1st.

Hawthorn Bancshares Company Profile

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in Missouri. The company offers checking and savings accounts, and certificates of deposit; and a range of lending services, including commercial and industrial, single payment personal, installment, and commercial and residential real estate loans.

Further Reading: What is intrinsic value?

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Institutional Ownership by Quarter for Hawthorn Bancshares (NASDAQ:HWBK)

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