Hawthorn Bancshares (NASDAQ:HWBK) Raised to Hold at StockNews.com

StockNews.com upgraded shares of Hawthorn Bancshares (NASDAQ:HWBK) from a sell rating to a hold rating in a report released on Monday.

Hawthorn Bancshares Stock Performance

Shares of Hawthorn Bancshares stock opened at $20.50 on Monday. Hawthorn Bancshares has a one year low of $15.02 and a one year high of $26.00. The company has a market cap of $143.91 million, a price-to-earnings ratio of 155.85 and a beta of 0.47. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.03 and a current ratio of 1.03. The business’s 50 day moving average price is $22.31 and its 200 day moving average price is $20.84.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its earnings results on Tuesday, January 30th. The financial services provider reported ($1.05) EPS for the quarter. Hawthorn Bancshares had a net margin of 0.96% and a return on equity of 0.75%. The business had revenue of $18.00 million during the quarter.

Hawthorn Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 1st. Investors of record on Friday, March 15th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $0.68 annualized dividend and a dividend yield of 3.32%. Hawthorn Bancshares’s dividend payout ratio is presently 516.95%.

Insider Activity at Hawthorn Bancshares

In other news, Director Douglas Todd Eden acquired 7,000 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were purchased at an average price of $22.32 per share, for a total transaction of $156,240.00. Following the acquisition, the director now owns 80,000 shares of the company’s stock, valued at $1,785,600. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director Jonathan Holtaway bought 5,500 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was purchased at an average cost of $19.12 per share, with a total value of $105,160.00. Following the purchase, the director now directly owns 15,500 shares of the company’s stock, valued at approximately $296,360. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Douglas Todd Eden bought 7,000 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were bought at an average cost of $22.32 per share, with a total value of $156,240.00. Following the completion of the purchase, the director now directly owns 80,000 shares in the company, valued at $1,785,600. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 20,400 shares of company stock worth $426,846. 12.60% of the stock is currently owned by company insiders.

Institutional Trading of Hawthorn Bancshares

Several institutional investors and hedge funds have recently made changes to their positions in the company. Gendell Jeffrey L raised its stake in Hawthorn Bancshares by 4.0% during the 3rd quarter. Gendell Jeffrey L now owns 16,505 shares of the financial services provider’s stock valued at $268,000 after acquiring an additional 634 shares during the last quarter. CENTRAL TRUST Co raised its stake in Hawthorn Bancshares by 99.2% during the 3rd quarter. CENTRAL TRUST Co now owns 10,017 shares of the financial services provider’s stock valued at $163,000 after acquiring an additional 4,988 shares during the last quarter. FJ Capital Management LLC raised its stake in Hawthorn Bancshares by 4.0% during the 2nd quarter. FJ Capital Management LLC now owns 71,887 shares of the financial services provider’s stock valued at $1,290,000 after acquiring an additional 2,764 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in Hawthorn Bancshares during the 4th quarter valued at approximately $285,000. Finally, Renaissance Technologies LLC purchased a new stake in Hawthorn Bancshares during the 2nd quarter valued at approximately $243,000. 30.73% of the stock is owned by hedge funds and other institutional investors.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides commercial and personal banking services. It accepts checking, savings, money market, individual retirement, and other time deposit accounts; and 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.