Hawthorn Bancshares (NASDAQ:HWBK) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $24.08 and traded as high as $31.73. Hawthorn Bancshares shares last traded at $31.68, with a volume of 3,055 shares.

Analyst Ratings Changes

Separately, StockNews.com raised Hawthorn Bancshares from a "hold" rating to a "buy" rating in a research note on Thursday, November 28th.

Hawthorn Bancshares Trading Down 6.2 %

The stock has a market capitalization of $207.58 million, a PE ratio of 33.01 and a beta of 0.56. 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 business's 50-day moving average is $28.63 and its two-hundred day moving average is $24.16.

Hawthorn Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Sunday, December 15th will be given a $0.19 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.76 dividend on an annualized basis and a yield of 2.56%. Hawthorn Bancshares's payout ratio is currently 84.44%.

Insider Transactions at Hawthorn Bancshares

In related news, Director Frank E. Burkhead sold 3,000 shares of the company's stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $31.87, for a total value of $95,610.00. Following the sale, the director now owns 11,477 shares in the company, valued at $365,771.99. This represents a 20.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jonathan Holtaway sold 5,053 shares of the firm's stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $28.57, for a total value of $144,364.21. Following the completion of the transaction, the director now directly owns 402,460 shares of the company's stock, valued at $11,498,282.20. The trade was a 1.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,457 shares of company stock valued at $285,175. Corporate insiders own 23.40% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in HWBK. Geode Capital Management LLC grew its stake in Hawthorn Bancshares by 11.3% in the 3rd quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider's stock valued at $1,719,000 after acquiring an additional 6,955 shares during the last quarter. Empowered Funds LLC grew its position in shares of Hawthorn Bancshares by 5.2% in the third quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider's stock valued at $680,000 after purchasing an additional 1,340 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Hawthorn Bancshares by 36.5% during the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider's stock worth $496,000 after purchasing an additional 6,700 shares in the last quarter. Hedge funds and other institutional investors 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.