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

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

Hawthorn Bancshares Trading Up 1.8 %

HWBK opened at $32.19 on Thursday. Hawthorn Bancshares has a one year low of $17.86 and a one year 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 business has a 50 day simple moving average of $30.64 and a two-hundred day simple moving average of $25.97. The firm has a market capitalization of $225.01 million, a price-to-earnings ratio of 35.77 and a beta of 0.58.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its earnings results on Wednesday, January 22nd. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a return on equity of 4.46% and a net margin of 5.67%.

Hawthorn Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Saturday, March 15th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Friday, March 14th. Hawthorn Bancshares’s dividend payout ratio is currently 84.44%.

Insider Buying and Selling

In other news, Director Frank E. Burkhead sold 3,000 shares of the business’s stock in a transaction 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 sale, the director now owns 11,477 shares in the company, valued at approximately $365,771.99. The trade was a 20.72 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jonathan Holtaway sold 1,015 shares of the 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 disclosure for this sale can be found here. Insiders sold a total of 9,457 shares of company stock valued at $285,175 over the last three months. Corporate insiders own 23.40% of the company’s stock.

Institutional Investors Weigh In On Hawthorn Bancshares

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Empowered Funds LLC increased its position in 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 boosted its stake 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 purchasing an additional 6,700 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Hawthorn Bancshares by 11.3% during the 3rd 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 during the last quarter. Hedge funds and other institutional investors own 30.73% of the company’s stock.

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.