Hawthorn Bancshares (NASDAQ:HWBK) Lifted to Hold at StockNews.com

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

Hawthorn Bancshares Stock Performance

Shares of HWBK opened at $18.31 on Tuesday. The stock has a market capitalization of $128.55 million, a price-to-earnings ratio of 140.85 and a beta of 0.46. Hawthorn Bancshares has a 12 month low of $15.02 and a 12 month high of $26.00. The firm has a fifty day simple moving average of $20.86 and a 200 day simple moving average of $21.41. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.15.

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

Hawthorn Bancshares Dividend Announcement

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

Insider Transactions at Hawthorn Bancshares

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. CENTRAL TRUST Co raised its stake in Hawthorn Bancshares by 99.2% in the 3rd quarter. CENTRAL TRUST Co now owns 10,017 shares of the financial services provider’s stock valued at $163,000 after acquiring an additional 4,988 shares during the period. Eagle Bluffs Wealth Management LLC bought a new position in Hawthorn Bancshares during the first quarter worth $240,000. Finally, Gendell Jeffrey L increased its holdings in shares of Hawthorn Bancshares by 4.0% in the third quarter. Gendell Jeffrey L now owns 16,505 shares of the financial services provider’s stock valued at $268,000 after purchasing an additional 634 shares during the last quarter. 30.73% of the stock is currently owned by 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.