Insider Selling: Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Sells 3,000 Shares of Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Frank E. Burkhead sold 3,000 shares of the business’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $31.87, for a total transaction of $95,610.00. Following the completion of the transaction, the director now owns 11,477 shares in the company, valued at $365,771.99. The trade was a 20.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Hawthorn Bancshares Price Performance

Shares of NASDAQ HWBK opened at $32.01 on Friday. Hawthorn Bancshares, Inc. has a fifty-two week low of $17.86 and a fifty-two week high of $34.00. 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 company has a market capitalization of $223.75 million, a price-to-earnings ratio of 35.57 and a beta of 0.56. The company has a 50 day simple moving average of $27.44 and a two-hundred day simple moving average of $23.50.

Hawthorn Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 1st. Shareholders of record on Sunday, December 15th will be issued a $0.19 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.76 annualized dividend and a yield of 2.37%. Hawthorn Bancshares’s dividend payout ratio (DPR) is presently 84.44%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Hawthorn Bancshares by 4.8% during the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock valued at $5,686,000 after buying an additional 12,800 shares during the last quarter. Renaissance Technologies LLC increased its position in Hawthorn Bancshares by 36.5% during the second 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. Empowered Funds LLC lifted its holdings in Hawthorn Bancshares by 5.2% in the third quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock valued at $680,000 after acquiring an additional 1,340 shares during the period. Finally, Geode Capital Management LLC boosted its position in 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 worth $1,719,000 after purchasing an additional 6,955 shares during the last quarter. Institutional investors own 30.73% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a report on Thursday, November 28th.

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.