Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Sells $144,364.21 in Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Jonathan Holtaway sold 5,053 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $28.57, for a total value of $144,364.21. Following the completion of the sale, the director now owns 402,460 shares of the company’s stock, valued at $11,498,282.20. The trade was a 1.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Hawthorn Bancshares Price Performance

Shares of HWBK opened at $30.40 on Monday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market capitalization of $212.50 million, a PE ratio of 33.78 and a beta of 0.53. The company has a 50 day moving average price of $25.28 and a 200-day moving average price of $22.26. Hawthorn Bancshares, Inc. has a fifty-two week low of $17.86 and a fifty-two week high of $30.83.

Hawthorn Bancshares Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in Hawthorn Bancshares by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after purchasing an additional 12,800 shares in the last quarter. Empowered Funds LLC increased its position in shares of Hawthorn Bancshares by 7.9% in the 1st quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock valued at $491,000 after acquiring an additional 1,750 shares during the period. Renaissance Technologies LLC raised its stake 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 acquiring an additional 6,700 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Hawthorn Bancshares by 11.3% in the third quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock worth $1,719,000 after purchasing an additional 6,955 shares during the last quarter. Finally, Alexander Labrunerie & CO. Inc. purchased a new position in shares of Hawthorn Bancshares in the first quarter worth about $381,000. 30.73% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th.

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.