Insider Selling: Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Sells 3,000 Shares of Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Frank E. Burkhead sold 3,000 shares of Hawthorn Bancshares stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $31.87, for a total transaction of $95,610.00. Following the transaction, the director now directly owns 11,477 shares in the company, valued at $365,771.99. This trade represents a 20.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Hawthorn Bancshares Price Performance

NASDAQ:HWBK opened at $32.01 on Friday. Hawthorn Bancshares, Inc. has a 52 week low of $17.86 and a 52 week high of $34.00. The stock’s fifty day moving average is $27.44 and its two-hundred day moving average is $23.52. The company has a market capitalization of $223.65 million, a P/E ratio of 35.57 and a beta of 0.56. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00.

Hawthorn Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Sunday, December 15th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.76 annualized dividend and a yield of 2.37%. Hawthorn Bancshares’s dividend payout ratio (DPR) is currently 84.44%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Geode Capital Management LLC raised its stake in shares of Hawthorn Bancshares by 11.3% in 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 acquiring an additional 6,955 shares during the period. Empowered Funds LLC boosted its position in shares of Hawthorn Bancshares by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock worth $680,000 after purchasing an additional 1,340 shares during the period. Renaissance Technologies LLC increased its holdings in Hawthorn Bancshares by 36.5% in the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after purchasing an additional 6,700 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Hawthorn Bancshares by 4.8% in the first 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. Institutional investors and hedge funds own 30.73% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research report on Thursday, November 28th.

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.