Insider Buying: Hawthorn Bancshares, Inc. (NASDAQ:HWBK) CEO Acquires 700 Shares of Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) CEO Brent M. Giles purchased 700 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average price of $25.84 per share, for a total transaction of $18,088.00. Following the completion of the purchase, the chief executive officer now directly owns 13,005 shares of the company’s stock, valued at approximately $336,049.20. This trade represents a 5.69 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Hawthorn Bancshares Trading Up 2.0 %

Shares of HWBK stock opened at $27.44 on Friday. The firm has a fifty day moving average of $31.37 and a 200-day moving average of $28.54. The stock has a market cap of $191.72 million, a price-to-earnings ratio of 10.51 and a beta of 0.60. Hawthorn Bancshares, Inc. has a 52-week low of $17.86 and a 52-week high of $35.95. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.01 and a current ratio of 1.01.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its earnings results on Wednesday, January 22nd. The financial services provider reported $0.66 earnings per share for the quarter. Hawthorn Bancshares had a net margin of 16.65% and a return on equity of 13.00%.

Hawthorn Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Saturday, March 15th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date is Friday, March 14th. Hawthorn Bancshares’s dividend payout ratio (DPR) is 29.12%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Millennium Management LLC boosted its stake in shares of Hawthorn Bancshares by 29.3% in the 4th quarter. Millennium Management LLC now owns 25,881 shares of the financial services provider’s stock valued at $734,000 after purchasing an additional 5,870 shares in the last quarter. Bridgeway Capital Management LLC raised its stake in shares of Hawthorn Bancshares by 0.7% in the fourth quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider’s stock valued at $2,085,000 after acquiring an additional 477 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of Hawthorn Bancshares in the 4th quarter worth approximately $218,000. 683 Capital Management LLC bought a new stake in Hawthorn Bancshares during the 4th quarter worth approximately $320,000. Finally, Rhino Investment Partners Inc bought a new stake in Hawthorn Bancshares during the 4th quarter worth approximately $2,046,000. 30.73% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research report on Friday, January 31st.

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.