Insider Buying: Hawthorn Bancshares, Inc. (NASDAQ:HWBK) CEO Buys 2,000 Shares of Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) CEO Brent M. Giles acquired 2,000 shares of the firm’s stock in a transaction on Monday, April 29th. The stock was purchased at an average cost of $18.75 per share, with a total value of $37,500.00. Following the purchase, the chief executive officer now owns 7,568 shares of the company’s stock, valued at $141,900. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Hawthorn Bancshares Stock Performance

HWBK stock opened at $19.40 on Friday. The firm has a market cap of $136.19 million, a price-to-earnings ratio of 64.67 and a beta of 0.49. Hawthorn Bancshares, Inc. has a twelve month low of $15.02 and a twelve month high of $26.00. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.15. The business’s fifty day simple moving average is $20.24 and its two-hundred day simple moving average is $21.51.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its quarterly earnings results on Tuesday, January 30th. The financial services provider reported ($1.05) EPS for the quarter. The company had revenue of $18.00 million during the quarter. Hawthorn Bancshares had a return on equity of 1.69% and a net margin of 2.09%.

Hawthorn Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Stockholders 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 is a positive change from Hawthorn Bancshares’s previous quarterly dividend of $0.17. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.92%. Hawthorn Bancshares’s dividend payout ratio (DPR) is 226.67%.

Analyst Ratings Changes

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

Institutional Trading of Hawthorn Bancshares

Several institutional investors and hedge funds have recently modified their holdings of the stock. Eagle Bluffs Wealth Management LLC purchased a new position in Hawthorn Bancshares during the 1st quarter worth $240,000. CENTRAL TRUST Co lifted its holdings in shares of Hawthorn Bancshares by 99.2% in the 3rd 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 during the period. Finally, Gendell Jeffrey L grew 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 in the last quarter. 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.