Hawthorn Bancshares (NASDAQ:HWBK) Announces Quarterly Earnings Results

Hawthorn Bancshares (NASDAQ:HWBK) posted its quarterly earnings data on Wednesday. The financial services provider reported $0.66 EPS for the quarter, Zacks reports. Hawthorn Bancshares had a return on equity of 4.46% and a net margin of 5.67%.

Hawthorn Bancshares Trading Up 1.0 %

NASDAQ:HWBK opened at $31.61 on Thursday. The company has a market cap of $220.95 million, a P/E ratio of 35.12 and a beta of 0.58. The stock’s fifty day moving average price is $30.56 and its two-hundred day moving average price is $25.93. Hawthorn Bancshares has a 1 year low of $17.86 and a 1 year high of $34.00. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.01 and a quick ratio of 1.01.

Hawthorn Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Saturday, March 15th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 2.40%. Hawthorn Bancshares’s dividend payout ratio is currently 84.44%.

Insider Transactions at Hawthorn Bancshares

In other news, Director Frank E. Burkhead sold 3,000 shares of the company’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $31.87, for a total value of $95,610.00. Following the transaction, the director now owns 11,477 shares of the company’s stock, valued at approximately $365,771.99. This represents a 20.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jonathan Holtaway sold 1,015 shares of the company’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of $32.25, for a total transaction of $32,733.75. Following the completion of the transaction, the director now directly owns 390,004 shares in the company, valued at approximately $12,577,629. The trade was a 0.26 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,457 shares of company stock valued at $285,175. 23.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research report on Thursday.

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.