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

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Jonathan Holtaway sold 5,053 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $28.57, for a total transaction of $144,364.21. Following the completion of the transaction, the director now directly owns 402,460 shares of the company’s stock, valued at approximately $11,498,282.20. The trade was a 1.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Hawthorn Bancshares Stock Up 6.2 %

NASDAQ:HWBK opened at $30.40 on Friday. The company’s 50-day simple moving average is $25.28 and its 200-day simple moving average is $22.21. The stock has a market capitalization of $212.50 million, a P/E ratio of 33.78 and a beta of 0.53. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.01 and a current ratio of 1.01. Hawthorn Bancshares, Inc. has a fifty-two week low of $17.86 and a fifty-two week high of $30.83.

Hawthorn Bancshares Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its position in shares of Hawthorn Bancshares by 11.3% in 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 buying an additional 6,955 shares in the last quarter. Empowered Funds LLC raised its holdings in Hawthorn Bancshares by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock valued at $680,000 after acquiring an additional 1,340 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Hawthorn Bancshares by 36.5% during the second 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. Alexander Labrunerie & CO. Inc. purchased a new stake in shares of Hawthorn Bancshares in the 1st quarter valued at approximately $381,000. Finally, Vanguard Group Inc. lifted its position in 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 buying an additional 12,800 shares during the last quarter. 30.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research note on Tuesday.

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.