Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 7,100 shares, a decline of 24.5% from the February 13th total of 9,400 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 11,300 shares, the days-to-cover ratio is presently 0.6 days.
Insiders Place Their Bets
In other Hawthorn Bancshares news, Director Jonathan Holtaway sold 6,604 shares of Hawthorn Bancshares stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $32.97, for a total transaction of $217,733.88. Following the completion of the transaction, the director now directly owns 370,119 shares of the company's stock, valued at $12,202,823.43. The trade was a 1.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 23.40% of the company's stock.
Institutional Trading of Hawthorn Bancshares
Institutional investors have recently bought and sold shares of the business. Barclays PLC increased its holdings in shares of Hawthorn Bancshares by 44.1% during the fourth quarter. Barclays PLC now owns 1,059 shares of the financial services provider's stock worth $30,000 after purchasing an additional 324 shares during the period. CENTRAL TRUST Co raised its stake in Hawthorn Bancshares by 42.6% during the fourth quarter. CENTRAL TRUST Co now owns 7,368 shares of the financial services provider's stock worth $209,000 after acquiring an additional 2,200 shares in the last quarter. Citadel Advisors LLC bought a new position in shares of Hawthorn Bancshares in the fourth quarter worth about $218,000. 683 Capital Management LLC acquired a new stake in shares of Hawthorn Bancshares in the 4th quarter valued at approximately $320,000. Finally, Northern Trust Corp grew its holdings in shares of Hawthorn Bancshares by 8.0% during the 4th quarter. Northern Trust Corp now owns 14,834 shares of the financial services provider's stock valued at $421,000 after purchasing an additional 1,101 shares during the last quarter. Institutional investors own 30.73% of the company's stock.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of Hawthorn Bancshares from a "hold" rating to a "buy" rating in a research note on Friday, January 31st.
Check Out Our Latest Report on HWBK
Hawthorn Bancshares Stock Performance
Shares of Hawthorn Bancshares stock traded down $0.27 on Thursday, hitting $28.98. The stock had a trading volume of 10,732 shares, compared to its average volume of 9,362. The stock has a market cap of $202.48 million, a price-to-earnings ratio of 11.11 and a beta of 0.59. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00. Hawthorn Bancshares has a twelve month low of $17.86 and a twelve month high of $35.95. The business's 50 day moving average is $31.12 and its two-hundred day moving average is $28.73.
Hawthorn Bancshares (NASDAQ:HWBK - Get Free Report) last issued its quarterly earnings data 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%.
Hawthorn Bancshares Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Saturday, March 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 2.62%. The ex-dividend date is Friday, March 14th. Hawthorn Bancshares's dividend payout ratio is 29.12%.
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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