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 on Wednesday, November 13th. The stock was 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 in the company, valued at $11,498,282.20. The trade was a 1.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Hawthorn Bancshares Stock Performance

NASDAQ:HWBK traded up $0.18 during trading hours on Friday, reaching $28.81. The company had a trading volume of 1,214 shares, compared to its average volume of 11,097. 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, Inc. has a 1-year low of $17.86 and a 1-year high of $29.66. The business’s 50 day moving average price is $25.15 and its 200-day moving average price is $22.12. The firm has a market cap of $201.38 million, a PE ratio of 31.81 and a beta of 0.53.

Hawthorn Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Sunday, December 15th will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 2.64%. The ex-dividend date is Friday, December 13th. Hawthorn Bancshares’s dividend payout ratio is currently 84.44%.

Analyst Upgrades and Downgrades

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

Institutional Trading of Hawthorn Bancshares

A number of hedge funds have recently added to or reduced their stakes in HWBK. Alexander Labrunerie & CO. Inc. purchased a new position in shares of Hawthorn Bancshares in the 1st quarter valued at about $381,000. 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 valued at $491,000 after purchasing an additional 1,750 shares during the last quarter. Renaissance Technologies LLC increased 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 worth $496,000 after acquiring an additional 6,700 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Hawthorn Bancshares by 4.8% during 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 last quarter. 30.73% of the stock is owned by hedge funds and other institutional investors.

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.