Insider Buying: Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Buys 5,500 Shares of Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Jonathan Holtaway bought 5,500 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The shares were purchased at an average cost of $19.19 per share, with a total value of $105,545.00. Following the purchase, the director now directly owns 21,000 shares of the company’s stock, valued at $402,990. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Jonathan Holtaway also recently made the following trade(s):

• On Thursday, March 14th, Jonathan Holtaway bought 5,500 shares of Hawthorn Bancshares stock. The shares were purchased at an average cost of $19.12 per share, with a total value of $105,160.00.

Hawthorn Bancshares Price Performance

HWBK stock traded up $0.48 during trading hours on Wednesday, hitting $18.71. 4,648 shares of the stock traded hands, compared to its average volume of 16,756. The stock has a 50-day simple moving average of $20.39 and a 200 day simple moving average of $21.52. Hawthorn Bancshares, Inc. has a one year low of $15.02 and a one year high of $26.00. The company has a market cap of $131.34 million, a P/E ratio of 60.77 and a beta of 0.46. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.15.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its earnings results on Tuesday, January 30th. The financial services provider reported ($1.05) earnings per share for the quarter. Hawthorn Bancshares had a net margin of 2.09% and a return on equity of 1.69%. The firm had revenue of $18.00 million for the quarter.

Hawthorn Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Saturday, June 15th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 4.06%. This is an increase from Hawthorn Bancshares’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Friday, June 14th. Hawthorn Bancshares’s dividend payout ratio is currently 226.67%.

Institutional Investors Weigh In On Hawthorn Bancshares

Hedge funds have recently modified their holdings of the stock. Gendell Jeffrey L lifted its holdings in shares of Hawthorn Bancshares by 4.0% during the third quarter. Gendell Jeffrey L now owns 16,505 shares of the financial services provider’s stock valued at $268,000 after purchasing an additional 634 shares during the last quarter. CENTRAL TRUST Co lifted its holdings in shares of Hawthorn Bancshares by 99.2% during the third quarter. CENTRAL TRUST Co now owns 10,017 shares of the financial services provider’s stock valued at $163,000 after purchasing an additional 4,988 shares during the last quarter. Finally, Eagle Bluffs Wealth Management LLC purchased a new stake in shares of Hawthorn Bancshares during the first quarter valued at $240,000. 30.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Hawthorn Bancshares from a “sell” rating to a “hold” rating in a research note on Tuesday, April 23rd.

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.