Hawthorn Bancshares, Inc. (NASDAQ:HWBK – Get Free Report) Director Jonathan Holtaway sold 5,053 shares of the company’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $28.57, for a total value of $144,364.21. Following the completion of 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Hawthorn Bancshares Price Performance
Shares of HWBK opened at $30.40 on Friday. Hawthorn Bancshares, Inc. has a twelve month low of $17.86 and a twelve month high of $30.83. The company has a market capitalization of $212.40 million, a P/E ratio of 33.78 and a beta of 0.53. The firm has a 50 day moving average of $25.28 and a 200 day moving average of $22.23. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.07.
Hawthorn Bancshares Dividend Announcement
The firm also recently declared 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 dividend payout ratio is currently 84.44%.
Wall Street Analysts Forecast Growth
View Our Latest Report on HWBK
Institutional Investors Weigh In On Hawthorn Bancshares
Several institutional investors have recently modified their holdings of the business. Alexander Labrunerie & CO. Inc. bought a new stake in Hawthorn Bancshares in the 1st quarter worth approximately $381,000. Empowered Funds LLC increased its holdings in Hawthorn Bancshares by 7.9% in the 1st 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 in the last quarter. Renaissance Technologies LLC increased its stake in shares of Hawthorn Bancshares by 36.5% in the second 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. Geode Capital Management LLC lifted 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 acquiring an additional 6,955 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Hawthorn Bancshares by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after purchasing an additional 12,800 shares during the period. 30.73% of the stock is owned by hedge funds and other institutional investors.
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.
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