Hawthorn Bancshares (NASDAQ:HWBK) Announces Earnings Results

Hawthorn Bancshares (NASDAQ:HWBK) announced its earnings results on Wednesday. The financial services provider reported $0.66 earnings per share (EPS) for the quarter, Zacks reports. Hawthorn Bancshares had a return on equity of 4.46% and a net margin of 5.67%.

Hawthorn Bancshares Trading Up 1.6 %

Shares of Hawthorn Bancshares stock traded up $0.51 during trading hours on Wednesday, hitting $31.80. The company’s stock had a trading volume of 4,367 shares, compared to its average volume of 8,271. Hawthorn Bancshares has a 12 month low of $17.86 and a 12 month high of $34.00. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $222.25 million, a PE ratio of 35.33 and a beta of 0.58. The stock has a 50 day moving average of $30.49 and a 200 day moving average of $25.89.

Hawthorn Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 1st. Shareholders of record on Sunday, December 15th were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend was Friday, December 13th. Hawthorn Bancshares’s payout ratio is 84.44%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th.

Insider Buying and Selling

In other news, Director Frank E. Burkhead sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $31.87, for a total value of $95,610.00. Following the completion of the transaction, the director now owns 11,477 shares in the company, valued at $365,771.99. This trade represents a 20.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan Holtaway sold 1,015 shares of the company’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $32.25, for a total value of $32,733.75. Following the sale, the director now owns 390,004 shares in the company, valued at $12,577,629. The trade was a 0.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,457 shares of company stock worth $285,175 over the last ninety days. Company insiders own 23.40% of the company’s stock.

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.