StockNews.com downgraded shares of Hawthorn Bancshares (NASDAQ:HWBK - Free Report) from a buy rating to a hold rating in a research report sent to investors on Thursday morning.
Hawthorn Bancshares Stock Performance
HWBK traded up $0.43 on Thursday, reaching $27.52. The stock had a trading volume of 202 shares, compared to its average volume of 9,992. The business's 50-day moving average price is $29.61 and its two-hundred day moving average price is $29.16. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00. Hawthorn Bancshares has a 12-month low of $17.86 and a 12-month high of $35.95. The company has a market cap of $207.88 million, a P/E ratio of 10.54 and a beta of 0.54.
Hawthorn Bancshares (NASDAQ:HWBK - Get Free Report) last issued its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.66 earnings per share (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 of this dividend was Friday, March 14th. This represents a $0.76 annualized dividend and a dividend yield of 2.76%. Hawthorn Bancshares's dividend payout ratio (DPR) is 29.12%.
Insider Buying and Selling
In other Hawthorn Bancshares 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 23.40% of the company's stock.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Susquehanna International Group LLP grew its holdings in shares of 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 buying an additional 50,429 shares in the last quarter. Bridgeway Capital Management LLC grew its stake in 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 valued at $2,085,000 after acquiring an additional 477 shares in the last quarter. Rhino Investment Partners Inc acquired a new stake in Hawthorn Bancshares in the 4th quarter valued at about $2,046,000. Geode Capital Management LLC boosted its holdings in shares of Hawthorn Bancshares by 11.3% during the 3rd 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 last quarter. Finally, Empowered Funds LLC grew its position in shares of Hawthorn Bancshares by 4.9% in the fourth quarter. Empowered Funds LLC now owns 28,496 shares of the financial services provider's stock valued at $808,000 after purchasing an additional 1,327 shares in the last quarter. 30.73% of the stock is owned by institutional investors and hedge funds.
About Hawthorn Bancshares
(
Get Free Report)
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.
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