Hawthorn Bancshares (NASDAQ:HWBK) Upgraded by StockNews.com to “Hold”

StockNews.com upgraded shares of Hawthorn Bancshares (NASDAQ:HWBK) from a sell rating to a hold rating in a report published on Tuesday.

Hawthorn Bancshares Price Performance

Shares of NASDAQ:HWBK opened at $18.31 on Tuesday. The company has a market cap of $128.55 million, a price-to-earnings ratio of 140.85 and a beta of 0.46. The business has a 50 day moving average price of $20.86 and a 200 day moving average price of $21.41. 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 has a twelve month low of $15.02 and a twelve month high of $26.00.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its quarterly earnings data on Tuesday, January 30th. The financial services provider reported ($1.05) earnings per share for the quarter. The business had revenue of $18.00 million during the quarter. Hawthorn Bancshares had a net margin of 0.96% and a return on equity of 0.75%.

Hawthorn Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Friday, March 15th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date was Thursday, March 14th. Hawthorn Bancshares’s dividend payout ratio is currently 523.08%.

Insider Activity at Hawthorn Bancshares

In other news, Director Jonathan Holtaway purchased 5,500 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were purchased at an average cost of $19.12 per share, for a total transaction of $105,160.00. Following the completion of the purchase, the director now directly owns 15,500 shares of the company’s stock, valued at approximately $296,360. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director Jonathan Holtaway acquired 5,500 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were bought at an average price of $19.12 per share, with a total value of $105,160.00. Following the acquisition, the director now owns 15,500 shares of the company’s stock, valued at $296,360. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jonathan L. States bought 1,200 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The stock was purchased at an average price of $21.57 per share, with a total value of $25,884.00. Following the completion of the purchase, the director now directly owns 3,255 shares of the company’s stock, valued at approximately $70,210.35. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 20,400 shares of company stock worth $426,846. Company insiders own 12.60% of the company’s stock.

Institutional Trading of Hawthorn Bancshares

Institutional investors have recently made changes to their positions in the business. CENTRAL TRUST Co lifted 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 purchasing an additional 4,988 shares during the period. Eagle Bluffs Wealth Management LLC acquired a new position in shares of Hawthorn Bancshares in the 1st quarter worth approximately $240,000. Finally, Gendell Jeffrey L lifted its position 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 buying an additional 634 shares during the period. 30.73% of the stock is currently owned by institutional investors and hedge funds.

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.