Insider Selling: Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Sells 5,053 Shares of Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report) Director Jonathan Holtaway sold 5,053 shares of the company's stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $28.57, for a total value of $144,364.21. Following the sale, the director now owns 402,460 shares of the company's stock, valued at $11,498,282.20. This represents a 1.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Hawthorn Bancshares Price Performance

Shares of Hawthorn Bancshares stock traded up $1.77 during trading on Friday, hitting $30.40. The stock had a trading volume of 13,344 shares, compared to its average volume of 11,152. Hawthorn Bancshares, Inc. has a fifty-two week low of $17.86 and a fifty-two week high of $30.83. The firm has a market cap of $212.50 million, a P/E ratio of 33.78 and a beta of 0.53. The business has a fifty day moving average of $25.28 and a two-hundred day moving average of $22.21. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.01 and a quick ratio of 1.01.

Hawthorn Bancshares Announces Dividend

The business 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 dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date is Friday, December 13th. Hawthorn Bancshares's payout ratio is presently 84.44%.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of hedge funds have recently modified their holdings of the stock. Alexander Labrunerie & CO. Inc. acquired a new position in Hawthorn Bancshares during the 1st quarter worth $381,000. Empowered Funds LLC raised its position in shares of Hawthorn Bancshares by 7.9% during the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider's stock valued at $491,000 after buying an additional 1,750 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of Hawthorn Bancshares by 36.5% in the second quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider's stock valued at $496,000 after purchasing an additional 6,700 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Hawthorn Bancshares by 4.8% in the first quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider's stock worth $5,686,000 after purchasing an additional 12,800 shares during the period. 30.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Hawthorn Bancshares from a "hold" rating to a "buy" rating in a report on Tuesday.

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.