Insider Selling: Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Sells $12,467.45 in Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Jonathan Holtaway sold 389 shares of the stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $32.05, for a total transaction of $12,467.45. Following the completion of the sale, the director now directly owns 389,615 shares in the company, valued at approximately $12,487,160.75. This trade represents a 0.10 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Jonathan Holtaway also recently made the following trade(s):

• On Friday, December 6th, Jonathan Holtaway sold 1,015 shares of Hawthorn Bancshares stock. The shares were sold at an average price of $32.25, for a total value of $32,733.75.
• On Wednesday, November 13th, Jonathan Holtaway sold 5,053 shares of Hawthorn Bancshares stock. The shares were sold at an average price of $28.57, for a total transaction of $144,364.21.

Hawthorn Bancshares Stock Performance

Shares of HWBK stock opened at $31.81 on Friday. The company has a market capitalization of $222.35 million, a price-to-earnings ratio of 35.34 and a beta of 0.56. Hawthorn Bancshares, Inc. has a 1-year low of $17.86 and a 1-year high of $34.00. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00. The stock’s fifty day simple moving average is $28.06 and its 200-day simple moving average is $23.83.

Hawthorn Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 1st. Shareholders of record on Sunday, December 15th will be paid a dividend of $0.19 per share. The ex-dividend date is Friday, December 13th. This represents a $0.76 annualized dividend and a yield of 2.39%. Hawthorn Bancshares’s dividend payout ratio (DPR) is presently 84.44%.

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 Thursday, November 28th.

Hedge Funds Weigh In On Hawthorn Bancshares

Large investors have recently made changes to their positions in the business. Geode Capital Management LLC boosted its holdings in shares of Hawthorn Bancshares by 11.3% during the third quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock worth $1,719,000 after purchasing an additional 6,955 shares during the period. Empowered Funds LLC boosted its stake in shares of Hawthorn Bancshares by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock valued at $680,000 after buying an additional 1,340 shares during the period. Renaissance Technologies LLC increased its stake in shares of Hawthorn Bancshares by 36.5% in the second quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after acquiring an additional 6,700 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Hawthorn Bancshares by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock valued at $5,686,000 after buying an additional 12,800 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.