Hawthorn Bancshares (NASDAQ:HWBK) Share Price Passes Below 200-Day Moving Average - Should You Sell?

Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report)'s share price 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 traded.

Wall Street Analysts Forecast Growth

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

Hawthorn Bancshares Stock Performance

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 stock's 50-day simple moving average is $29.73 and its two-hundred day simple moving average is $29.15. The stock has a market cap of $201.34 million, a price-to-earnings ratio of 10.21 and a beta of 0.54.

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

Hawthorn Bancshares Dividend Announcement

The firm also recently disclosed 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 2.85%. Hawthorn Bancshares's dividend payout ratio is 29.12%.

Insider Transactions at Hawthorn Bancshares

In other Hawthorn Bancshares news, Director Jonathan Holtaway sold 2,682 shares of the stock in a transaction on Monday, February 10th. The shares were sold at an average price of $32.91, for a total value of $88,264.62. Following the completion of the sale, the director now directly owns 366,598 shares of the company's stock, valued at $12,064,740.18. This represents a 0.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 23.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Millennium Management LLC increased its stake in Hawthorn Bancshares by 29.3% during the fourth quarter. Millennium Management LLC now owns 25,881 shares of the financial services provider's stock valued at $734,000 after acquiring an additional 5,870 shares during the period. Bridgeway Capital Management LLC raised its stake in shares of Hawthorn Bancshares by 0.7% in the fourth quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider's stock valued at $2,085,000 after purchasing an additional 477 shares in the last quarter. Citadel Advisors LLC bought a new position in Hawthorn Bancshares in the fourth quarter worth $218,000. 683 Capital Management LLC acquired a new stake in Hawthorn Bancshares during the fourth quarter worth $320,000. Finally, Rhino Investment Partners Inc bought a new stake in Hawthorn Bancshares in the 4th quarter valued at $2,046,000. 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.