Hawthorn Bancshares, Inc. (NASDAQ:HWBK) CEO Purchases $18,088.00 in 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 stock was acquired at an average cost of $25.84 per share, for a total transaction of $18,088.00. Following the completion of the acquisition, the chief executive officer now owns 13,005 shares in the company, valued at $336,049.20. This represents a 5.69 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Hawthorn Bancshares Stock Up 3.9 %

Shares of HWBK opened at $28.51 on Friday. The stock has a market capitalization of $199.20 million, a price-to-earnings ratio of 10.92 and a beta of 0.60. Hawthorn Bancshares, Inc. has a 1 year low of $17.86 and a 1 year high of $35.95. The business’s 50 day simple moving average is $31.30 and its 200-day simple moving average is $28.62. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.01 and a quick ratio of 1.01.

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

Hawthorn Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Saturday, March 15th will be issued a dividend of $0.19 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.76 annualized dividend and a dividend yield of 2.67%. Hawthorn Bancshares’s dividend payout ratio (DPR) is 29.12%.

Institutional Trading of Hawthorn Bancshares

Several hedge funds have recently modified their holdings of HWBK. Empowered Funds LLC raised its holdings in Hawthorn Bancshares by 4.9% during the 4th quarter. Empowered Funds LLC now owns 28,496 shares of the financial services provider’s stock valued at $808,000 after buying an additional 1,327 shares during the period. Geode Capital Management LLC raised its holdings in Hawthorn Bancshares by 11.3% during the 3rd quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock valued at $1,719,000 after buying an additional 6,955 shares during the period. Alexander Labrunerie & CO. Inc. raised its holdings in Hawthorn Bancshares by 4.3% during the 4th quarter. Alexander Labrunerie & CO. Inc. now owns 15,214 shares of the financial services provider’s stock valued at $431,000 after buying an additional 625 shares during the period. CENTRAL TRUST Co raised its holdings in Hawthorn Bancshares by 42.6% during the 4th quarter. CENTRAL TRUST Co now owns 7,368 shares of the financial services provider’s stock valued at $209,000 after buying an additional 2,200 shares during the period. Finally, Millennium Management LLC raised its holdings in Hawthorn Bancshares by 29.3% during the 4th quarter. Millennium Management LLC now owns 25,881 shares of the financial services provider’s stock valued at $734,000 after buying an additional 5,870 shares during the period. 30.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

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.