Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Frank E. Burkhead Sells 3,000 Shares

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Frank E. Burkhead sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $31.87, for a total transaction of $95,610.00. Following the transaction, the director now directly owns 11,477 shares in the company, valued at approximately $365,771.99. The trade was a 20.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Hawthorn Bancshares Price Performance

Shares of HWBK traded up $0.17 during mid-day trading on Friday, hitting $32.01. The company’s stock had a trading volume of 5,649 shares, compared to its average volume of 11,049. The firm has a 50-day moving average price of $27.30 and a 200 day moving average price of $23.41. The stock has a market capitalization of $223.75 million, a price-to-earnings ratio of 35.38 and a beta of 0.56. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.01 and a quick ratio of 1.01. Hawthorn Bancshares, Inc. has a fifty-two week low of $17.86 and a fifty-two week high of $34.00.

Hawthorn Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Stockholders of record on Sunday, December 15th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.76 annualized dividend and a dividend yield of 2.37%. Hawthorn Bancshares’s dividend payout ratio is currently 84.44%.

Hedge Funds Weigh In On Hawthorn Bancshares

Hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC boosted its holdings in shares of Hawthorn Bancshares by 36.5% in the second quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after buying an additional 6,700 shares during the period. Empowered Funds LLC boosted its holdings in shares of Hawthorn Bancshares by 5.2% in the third quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock worth $680,000 after buying an additional 1,340 shares during the period. Geode Capital Management LLC boosted its holdings 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 buying an additional 6,955 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Hawthorn Bancshares by 4.8% in the first quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after buying an additional 12,800 shares during the period. Institutional investors and hedge funds own 30.73% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research note on Thursday, November 28th.

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.