Jonathan Holtaway Sells 5,053 Shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Jonathan Holtaway sold 5,053 shares of the stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $28.57, for a total transaction of $144,364.21. Following the sale, the director now directly owns 402,460 shares in the company, valued at approximately $11,498,282.20. The trade was a 1.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Hawthorn Bancshares Trading Up 6.2 %

Shares of Hawthorn Bancshares stock opened at $30.40 on Monday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.07. Hawthorn Bancshares, Inc. has a twelve month low of $17.86 and a twelve month high of $30.83. The firm has a market capitalization of $212.50 million, a PE ratio of 33.78 and a beta of 0.53. The firm’s 50-day moving average price is $25.28 and its 200 day moving average price is $22.26.

Hawthorn Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Sunday, December 15th will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 2.50%. The ex-dividend date is Friday, December 13th. Hawthorn Bancshares’s dividend payout ratio is currently 84.44%.

Institutional Investors Weigh In On Hawthorn Bancshares

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC boosted its position in Hawthorn Bancshares by 7.9% during the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after acquiring an additional 1,750 shares during the last quarter. Vanguard Group Inc. grew its position 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 valued at $5,686,000 after purchasing an additional 12,800 shares in the last quarter. Alexander Labrunerie & CO. Inc. purchased a new stake in Hawthorn Bancshares in the 1st quarter valued at $381,000. Renaissance Technologies LLC increased its stake in shares of 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 acquiring an additional 6,700 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of 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 worth $1,719,000 after acquiring an additional 6,955 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 Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th.

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.