Insider Selling: Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Sells $88,264.62 in Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Jonathan Holtaway sold 2,682 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $32.91, for a total transaction of $88,264.62. Following the completion of the transaction, the director now owns 366,598 shares of the company’s stock, valued at $12,064,740.18. The trade was a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Jonathan Holtaway also recently made the following trade(s):

• On Wednesday, February 5th, Jonathan Holtaway sold 6,604 shares of Hawthorn Bancshares stock. The stock was sold at an average price of $32.97, for a total value of $217,733.88.
• On Monday, December 9th, Jonathan Holtaway sold 389 shares of Hawthorn Bancshares stock. The stock was sold at an average price of $32.05, for a total value of $12,467.45.
• On Friday, December 6th, Jonathan Holtaway sold 1,015 shares of Hawthorn Bancshares stock. The shares were sold at an average price of $32.25, for a total value of $32,733.75.

Hawthorn Bancshares Price Performance

NASDAQ:HWBK traded down $0.12 on Wednesday, hitting $32.08. The company had a trading volume of 13,079 shares, compared to its average volume of 11,528. Hawthorn Bancshares, Inc. has a 52 week low of $17.86 and a 52 week high of $34.00. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $224.21 million, a price-to-earnings ratio of 12.43 and a beta of 0.59. The firm has a 50 day moving average of $30.88 and a two-hundred day moving average of $27.13.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its quarterly earnings results 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 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Saturday, March 15th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend is Friday, March 14th. Hawthorn Bancshares’s payout ratio is 29.12%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. CENTRAL TRUST Co grew its position in shares of Hawthorn Bancshares by 42.6% in 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. Alexander Labrunerie & CO. Inc. increased its position in Hawthorn Bancshares by 4.3% during the 4th quarter. Alexander Labrunerie & CO. Inc. now owns 15,214 shares of the financial services provider’s stock valued at $431,000 after purchasing an additional 625 shares during the period. Empowered Funds LLC lifted its position in shares of Hawthorn Bancshares by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock worth $680,000 after purchasing an additional 1,340 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Hawthorn Bancshares by 11.3% during the third quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock worth $1,719,000 after buying an additional 6,955 shares during the period. Institutional investors own 30.73% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a report on Friday, January 31st.

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.