Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Buys $294,450.00 in Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Douglas Todd Eden acquired 15,000 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The shares were acquired at an average cost of $19.63 per share, for a total transaction of $294,450.00. Following the completion of the transaction, the director now directly owns 76,826 shares of the company’s stock, valued at $1,508,094.38. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.

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

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

Hawthorn Bancshares Stock Up 3.4 %

Shares of HWBK opened at $20.05 on Tuesday. The business’s 50 day moving average is $20.19 and its 200 day moving average is $21.62. The company has a market capitalization of $140.75 million, a PE ratio of 66.83 and a beta of 0.49. Hawthorn Bancshares, Inc. has a 12-month low of $15.02 and a 12-month high of $26.00. 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 Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Saturday, June 15th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 3.79%. The ex-dividend date of this dividend is Friday, June 14th. This is an increase from Hawthorn Bancshares’s previous quarterly dividend of $0.17. Hawthorn Bancshares’s dividend payout ratio (DPR) is 226.67%.

Institutional Trading of Hawthorn Bancshares

Several institutional investors and hedge funds have recently added to or reduced their stakes in HWBK. CENTRAL TRUST Co raised its stake in Hawthorn Bancshares by 99.2% during the 3rd quarter. CENTRAL TRUST Co now owns 10,017 shares of the financial services provider’s stock valued at $163,000 after purchasing an additional 4,988 shares during the period. Gendell Jeffrey L raised its stake in Hawthorn Bancshares by 4.0% during the 3rd 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 period. Eagle Bluffs Wealth Management LLC bought a new stake in Hawthorn Bancshares during the 1st quarter valued at approximately $240,000. Finally, Empowered Funds LLC increased its stake in Hawthorn Bancshares by 7.9% in the 1st quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after acquiring an additional 1,750 shares during the last quarter. Institutional investors own 30.73% of the company’s stock.

Wall Street Analyst Weigh In

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

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.