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

StockNews.com lowered shares of Hawthorn Bancshares (NASDAQ:HWBK) from a buy rating to a hold rating in a research report released on Thursday.

Hawthorn Bancshares Stock Up 0.3 %

Shares of HWBK opened at $32.30 on Thursday. The stock’s 50-day moving average price is $30.67 and its two-hundred day moving average price is $26.10. Hawthorn Bancshares has a 12 month low of $17.86 and a 12 month high of $34.00. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $225.78 million, a PE ratio of 12.38 and a beta of 0.58.

Hawthorn Bancshares (NASDAQ:HWBK) last released its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a net margin of 16.65% and a return on equity of 13.00%.

Hawthorn Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Saturday, March 15th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Friday, March 14th. Hawthorn Bancshares’s payout ratio is 29.12%.

Insider Transactions at Hawthorn Bancshares

In other news, Director Jonathan Holtaway sold 1,015 shares of the business’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $32.25, for a total transaction of $32,733.75. Following the completion of the transaction, the director now owns 390,004 shares of the company’s stock, valued at approximately $12,577,629. The trade was a 0.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frank E. Burkhead sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $31.87, for a total transaction of $95,610.00. Following the completion of the sale, the director now directly owns 11,477 shares in the company, valued at $365,771.99. This represents a 20.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,457 shares of company stock valued at $285,175. 23.40% of the stock is currently owned by company insiders.

Institutional Trading of Hawthorn Bancshares

Hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC raised its position in Hawthorn Bancshares by 11.3% during the third quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock valued at $1,719,000 after purchasing an additional 6,955 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Hawthorn Bancshares by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock valued at $680,000 after buying an additional 1,340 shares in the last quarter. Renaissance Technologies LLC lifted its position 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 buying an additional 6,700 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its stake in Hawthorn Bancshares by 42.6% in the fourth quarter. CENTRAL TRUST Co now owns 7,368 shares of the financial services provider’s stock worth $209,000 after buying an additional 2,200 shares in the last quarter. 30.73% of the stock is owned by institutional investors.

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.