Douglas Todd Eden Buys 15,000 Shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Douglas Todd Eden acquired 15,000 shares of Hawthorn Bancshares stock in a transaction dated Friday, May 3rd. The shares were purchased at an average price of $19.63 per share, with a total value of $294,450.00. Following the acquisition, the director now owns 76,826 shares of the company’s stock, valued at $1,508,094.38. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Douglas Todd Eden also recently made the following trade(s):

• On Monday, March 11th, Douglas Todd Eden purchased 5,000 shares of Hawthorn Bancshares stock. The stock was purchased at an average price of $20.37 per share, with a total value of $101,850.00.
• On Friday, February 16th, Douglas Todd Eden acquired 7,000 shares of Hawthorn Bancshares stock. The shares were purchased at an average price of $22.32 per share, for a total transaction of $156,240.00.

Hawthorn Bancshares Stock Performance

Shares of NASDAQ:HWBK opened at $19.90 on Wednesday. Hawthorn Bancshares, Inc. has a 12-month low of $15.02 and a 12-month high of $26.00. The company’s 50 day moving average price is $20.14 and its two-hundred day moving average price is $21.65. The firm has a market cap of $139.70 million, a PE ratio of 66.33 and a beta of 0.49. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.15.

Hawthorn Bancshares Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Saturday, June 15th will be given a dividend of $0.19 per share. The ex-dividend date is Friday, June 14th. This represents a $0.76 dividend on an annualized basis and a yield of 3.82%. This is an increase from Hawthorn Bancshares’s previous quarterly dividend of $0.17. Hawthorn Bancshares’s dividend payout ratio is currently 226.67%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Hawthorn Bancshares from a “sell” rating to a “hold” rating in a research report on Tuesday, April 23rd.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of hedge funds have recently added to or reduced their stakes in the stock. Gendell Jeffrey L grew its holdings in shares of Hawthorn Bancshares by 4.0% during the 3rd quarter. Gendell Jeffrey L now owns 16,505 shares of the financial services provider’s stock worth $268,000 after purchasing an additional 634 shares in the last quarter. Empowered Funds LLC lifted 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 purchasing an additional 1,750 shares during the period. CENTRAL TRUST Co grew its stake in Hawthorn Bancshares by 99.2% during the third quarter. CENTRAL TRUST Co now owns 10,017 shares of the financial services provider’s stock worth $163,000 after buying an additional 4,988 shares in the last quarter. Finally, Eagle Bluffs Wealth Management LLC bought a new position in Hawthorn Bancshares in the 1st quarter valued at about $240,000. Institutional investors own 30.73% of the company’s stock.

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.