Hawthorn Bancshares (NASDAQ:HWBK) Stock Rating Lowered by 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.

Hawthorn Bancshares Stock Performance

Shares of NASDAQ:HWBK opened at $30.60 on Wednesday. The firm has a fifty day simple moving average of $25.76 and a two-hundred day simple moving average of $22.50. Hawthorn Bancshares has a 52 week low of $17.86 and a 52 week high of $34.00. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $213.80 million, a P/E ratio of 34.00 and a beta of 0.53.

Hawthorn Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Sunday, December 15th will be issued a dividend of $0.19 per share. The ex-dividend date is Friday, December 13th. This represents a $0.76 annualized dividend and a yield of 2.48%. Hawthorn Bancshares’s payout ratio is presently 84.44%.

Insider Transactions at Hawthorn Bancshares

In related news, Director Jonathan Holtaway sold 5,053 shares of Hawthorn Bancshares stock in a transaction dated 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 $11,498,282.20. This trade represents a 1.24 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 23.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Empowered Funds LLC lifted its holdings in shares of Hawthorn Bancshares by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock worth $680,000 after buying an additional 1,340 shares during the period. Renaissance Technologies LLC lifted its stake in Hawthorn Bancshares by 36.5% in the second 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 period. Geode Capital Management LLC grew 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 worth $1,719,000 after acquiring an additional 6,955 shares in the last quarter. Vanguard Group Inc. increased its position 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 purchasing an additional 12,800 shares during the period. Finally, Alexander Labrunerie & CO. Inc. bought a new stake in shares of Hawthorn Bancshares in the 1st quarter valued at about $381,000. Institutional investors own 30.73% of the company’s stock.

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.