Alexander Labrunerie & CO. Inc. Has $365,000 Stock Position in Hawthorn Bancshares, Inc. (NASDAQ:HWBK)

Alexander Labrunerie & CO. Inc. cut its stake in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) by 21.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,589 shares of the financial services provider’s stock after selling 4,053 shares during the period. Alexander Labrunerie & CO. Inc. owned approximately 0.21% of Hawthorn Bancshares worth $365,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HWBK. Vanguard Group Inc. increased its position in shares of Hawthorn Bancshares by 4.8% in the 1st 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 in the last quarter. Empowered Funds LLC increased its holdings in shares of Hawthorn Bancshares by 7.9% in the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after acquiring an additional 1,750 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Hawthorn Bancshares by 36.5% during the second 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. Institutional investors own 30.73% of the company’s stock.

Hawthorn Bancshares Stock Up 3.8 %

Shares of HWBK stock opened at $24.90 on Wednesday. Hawthorn Bancshares, Inc. has a 12-month low of $15.02 and a 12-month high of $26.09. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.07. The firm has a fifty day moving average of $23.55 and a 200-day moving average of $21.28. The company has a market capitalization of $174.35 million, a price-to-earnings ratio of 83.00 and a beta of 0.55.

Hawthorn Bancshares (NASDAQ:HWBK) last released its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter. The firm had revenue of $18.17 million for the quarter. Hawthorn Bancshares had a return on equity of 3.19% and a net margin of 3.96%.

Hawthorn Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Sunday, September 15th were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 3.05%. The ex-dividend date was Friday, September 13th. Hawthorn Bancshares’s payout ratio is 253.33%.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Hawthorn Bancshares in a research note on Saturday. They set a “buy” rating for the company.

About Hawthorn Bancshares

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.