Hawthorn Bancshares (NASDAQ:HWBK) Cut to Hold at StockNews.com

StockNews.com downgraded shares of Hawthorn Bancshares (NASDAQ:HWBK) from a buy rating to a hold rating in a report published on Wednesday morning.

Hawthorn Bancshares Price Performance

HWBK stock opened at $30.42 on Wednesday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.01 and a quick ratio of 1.01. The company’s 50-day moving average is $25.90 and its 200-day moving average is $22.56. The stock has a market capitalization of $212.64 million, a PE ratio of 33.80 and a beta of 0.53. Hawthorn Bancshares has a 1 year low of $17.86 and a 1 year high of $34.00.

Hawthorn Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Shareholders of record on Sunday, December 15th will be paid a $0.19 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.76 dividend on an annualized basis and a yield of 2.50%. Hawthorn Bancshares’s dividend payout ratio (DPR) is presently 84.44%.

Insider Transactions at Hawthorn Bancshares

In other Hawthorn Bancshares news, Director Jonathan Holtaway sold 5,053 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $11,498,282.20. The trade was a 1.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 23.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Hawthorn Bancshares by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after acquiring an additional 12,800 shares during the last quarter. Renaissance Technologies LLC increased its holdings in Hawthorn Bancshares by 36.5% during the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock worth $496,000 after purchasing an additional 6,700 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of 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. Empowered Funds LLC lifted its holdings in shares of 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 purchasing an additional 1,340 shares in the last quarter. Finally, Alexander Labrunerie & CO. Inc. bought a new position in shares of Hawthorn Bancshares in the first quarter valued at approximately $381,000. 30.73% of the stock is owned by 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.