Hawthorn Bancshares (NASDAQ:HWBK) Shares Pass Below 200 Day Moving Average - Here's What Happened

Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $29.18 and traded as low as $28.80. Hawthorn Bancshares shares last traded at $29.20, with a volume of 9,083 shares.

Analyst Ratings Changes

Separately, StockNews.com downgraded Hawthorn Bancshares from a "buy" rating to a "hold" rating in a report on Thursday, April 10th.

Hawthorn Bancshares Trading Up 1.9 %

The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00. The business's fifty day moving average is $29.10 and its 200 day moving average is $29.35. The stock has a market cap of $226.42 million, a PE ratio of 11.48 and a beta of 0.54.

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

Insiders Place Their Bets

In other Hawthorn Bancshares news, Director Jonathan Holtaway sold 2,682 shares of the firm's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $32.91, for a total transaction of $88,264.62. Following the completion of the transaction, the director now directly owns 366,598 shares in the company, valued at approximately $12,064,740.18. This trade represents a 0.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 23.40% of the stock is owned by company insiders.

Institutional Trading of Hawthorn Bancshares

Several institutional investors and hedge funds have recently modified their holdings of HWBK. Susquehanna International Group LLP raised its position in shares of Hawthorn Bancshares by 163.3% during the 4th quarter. Susquehanna International Group LLP now owns 81,309 shares of the financial services provider's stock worth $2,305,000 after purchasing an additional 50,429 shares during the last quarter. Bridgeway Capital Management LLC increased its position in Hawthorn Bancshares by 0.7% during the fourth quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider's stock worth $2,085,000 after buying an additional 477 shares in the last quarter. Rhino Investment Partners Inc acquired a new position in shares of Hawthorn Bancshares in the fourth quarter worth $2,046,000. Geode Capital Management LLC lifted its position in shares of Hawthorn Bancshares by 11.3% in the third 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 in the last quarter. Finally, Empowered Funds LLC boosted its stake in shares of Hawthorn Bancshares by 4.9% during the fourth quarter. Empowered Funds LLC now owns 28,496 shares of the financial services provider's stock valued at $808,000 after acquiring an additional 1,327 shares during the last quarter. Hedge funds and other institutional investors own 30.73% of the company's stock.

About Hawthorn Bancshares

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.