Hawthorn Bancshares (NASDAQ:HWBK) Lowered to Hold Rating by StockNews.com

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

Hawthorn Bancshares Trading Down 2.5 %

Shares of NASDAQ:HWBK opened at $27.65 on Monday. The business’s 50-day moving average is $31.00 and its 200 day moving average is $28.90. 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 has a 1 year low of $17.86 and a 1 year high of $35.95. The firm has a market capitalization of $208.90 million, a P/E ratio of 10.59 and a beta of 0.59.

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

Hawthorn Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Saturday, March 15th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend is Friday, March 14th. Hawthorn Bancshares’s dividend payout ratio (DPR) is presently 29.12%.

Insider Buying and Selling

In related news, Director Jonathan Holtaway sold 2,682 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $32.91, for a total value of $88,264.62. Following the sale, the director now owns 366,598 shares in the company, valued at $12,064,740.18. This represents a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 23.40% of the stock is currently owned by company insiders.

Institutional Trading of Hawthorn Bancshares

Several institutional investors and hedge funds have recently bought and sold shares of HWBK. Barclays PLC lifted its position in Hawthorn Bancshares by 44.1% during the fourth quarter. Barclays PLC now owns 1,059 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 324 shares during the period. CENTRAL TRUST Co raised its stake in shares of Hawthorn Bancshares by 42.6% during the 4th quarter. CENTRAL TRUST Co now owns 7,368 shares of the financial services provider’s stock valued at $209,000 after buying an additional 2,200 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of Hawthorn Bancshares in the 4th quarter valued at about $218,000. 683 Capital Management LLC purchased a new stake in shares of Hawthorn Bancshares in the fourth quarter worth about $320,000. Finally, Northern Trust Corp grew its holdings in Hawthorn Bancshares by 8.0% during the fourth quarter. Northern Trust Corp now owns 14,834 shares of the financial services provider’s stock worth $421,000 after acquiring an additional 1,101 shares during the period. 30.73% of the stock is currently owned by institutional investors and hedge funds.

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.