Hawthorn Bancshares (NASDAQ:HWBK) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $29.09 and traded as low as $26.43. Hawthorn Bancshares shares last traded at $26.50, with a volume of 55,330 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research report on Tuesday, April 1st.

Hawthorn Bancshares Trading Down 2.0 %

The stock has a market cap of $200.21 million, a PE ratio of 10.15 and a beta of 0.54. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.01 and a current ratio of 1.01. The company has a 50 day moving average of $30.16 and a two-hundred day moving average of $29.09.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a return on equity of 13.00% and a net margin of 16.65%.

Hawthorn Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Saturday, March 15th were given a $0.19 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.76 annualized dividend and a dividend yield of 2.87%. Hawthorn Bancshares’s dividend payout ratio (DPR) is 29.12%.

Insider Buying and Selling

In related news, Director Jonathan Holtaway sold 2,682 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $32.91, for a total transaction of $88,264.62. Following the completion of the sale, the director now directly owns 366,598 shares in the company, valued at approximately $12,064,740.18. The trade was a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 23.40% of the company’s stock.

Institutional Investors Weigh In On Hawthorn Bancshares

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Susquehanna International Group LLP boosted its position in Hawthorn Bancshares by 163.3% during the fourth quarter. Susquehanna International Group LLP now owns 81,309 shares of the financial services provider’s stock worth $2,305,000 after acquiring an additional 50,429 shares during the last quarter. Bridgeway Capital Management LLC boosted its holdings in shares of Hawthorn Bancshares by 0.7% during the 4th quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider’s stock worth $2,085,000 after purchasing an additional 477 shares during the last quarter. Rhino Investment Partners Inc purchased a new stake in shares of Hawthorn Bancshares in the fourth quarter valued at approximately $2,046,000. Geode Capital Management LLC increased its holdings in shares of Hawthorn Bancshares by 11.3% in the third quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock valued at $1,719,000 after purchasing an additional 6,955 shares during the last quarter. Finally, Empowered Funds LLC lifted its position in Hawthorn Bancshares by 4.9% during the fourth quarter. Empowered Funds LLC now owns 28,496 shares of the financial services provider’s stock worth $808,000 after buying an additional 1,327 shares in the last quarter. Institutional investors and hedge funds 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.