Hawthorn Bancshares, Inc. (NASDAQ:HWBK) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 112,200 shares, an increase of 10.3% from the August 15th total of 101,700 shares. Approximately 1.9% of the shares of the company are short sold. Based on an average daily trading volume, of 24,200 shares, the short-interest ratio is presently 4.6 days.
Separately, ValuEngine cut shares of Hawthorn Bancshares from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st.
In other Hawthorn Bancshares news, Director Frank E. Burkhead acquired 2,000 shares of the stock in a transaction that occurred on Tuesday, August 27th. The stock was acquired at an average price of $21.71 per share, with a total value of $43,420.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 10.60% of the stock is owned by corporate insiders.
Large investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC lifted its position in Hawthorn Bancshares by 78.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,029 shares of the financial services provider’s stock worth $27,000 after buying an additional 453 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Hawthorn Bancshares by 66.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,554 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 621 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Hawthorn Bancshares by 4.7% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 16,815 shares of the financial services provider’s stock worth $451,000 after purchasing an additional 750 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Hawthorn Bancshares by 19.8% during the 2nd quarter. Wells Fargo & Company MN now owns 7,011 shares of the financial services provider’s stock worth $187,000 after purchasing an additional 1,160 shares during the last quarter. Finally, PL Capital Advisors LLC increased its stake in shares of Hawthorn Bancshares by 4.0% during the 2nd quarter. PL Capital Advisors LLC now owns 247,294 shares of the financial services provider’s stock worth $6,627,000 after purchasing an additional 9,510 shares during the last quarter. Institutional investors and hedge funds own 33.32% of the company’s stock.
Shares of Hawthorn Bancshares stock traded up $0.24 on Friday, hitting $24.00. The company had a trading volume of 9,576 shares, compared to its average volume of 15,509. Hawthorn Bancshares has a 52 week low of $20.05 and a 52 week high of $28.62. The company has a market cap of $147.93 million, a PE ratio of 12.06 and a beta of 0.22. The business has a 50-day simple moving average of $23.02 and a 200-day simple moving average of $24.53. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.98 and a quick ratio of 0.98.
Hawthorn Bancshares (NASDAQ:HWBK) last released its earnings results on Tuesday, July 30th. The financial services provider reported $0.56 EPS for the quarter. The business had revenue of $14.28 million during the quarter. Hawthorn Bancshares had a net margin of 19.58% and a return on equity of 12.01%.
The company also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Sunday, September 15th were given a $0.12 dividend. The ex-dividend date was Thursday, September 12th. This represents a $0.48 annualized dividend and a dividend yield of 2.00%.
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.
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