Jonathan Holtaway Sells 5,053 Shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Jonathan Holtaway sold 5,053 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $28.57, for a total transaction of $144,364.21. Following the completion of the sale, the director now owns 402,460 shares of the company’s stock, valued at approximately $11,498,282.20. This trade represents a 1.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Hawthorn Bancshares Price Performance

NASDAQ HWBK opened at $30.40 on Friday. The firm’s 50-day simple moving average is $25.28 and its two-hundred day simple moving average is $22.23. Hawthorn Bancshares, Inc. has a 52 week low of $17.86 and a 52 week high of $30.83. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.07. The company has a market cap of $212.40 million, a PE ratio of 33.78 and a beta of 0.53.

Hawthorn Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 1st. Stockholders of record on Sunday, December 15th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend is Friday, December 13th. Hawthorn Bancshares’s payout ratio is currently 84.44%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Empowered Funds LLC increased its holdings in shares of Hawthorn Bancshares by 7.9% in the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after purchasing an additional 1,750 shares during the period. Vanguard Group Inc. boosted its stake 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 buying an additional 12,800 shares in the last quarter. Alexander Labrunerie & CO. Inc. bought a new stake in Hawthorn Bancshares in the first quarter worth $381,000. Renaissance Technologies LLC lifted its stake in shares of Hawthorn Bancshares by 36.5% in the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after acquiring an additional 6,700 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Hawthorn Bancshares by 11.3% during 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 purchasing an additional 6,955 shares during the period. 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.