Hawthorn Bancshares (NASDAQ:HWBK) Upgraded at StockNews.com

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

Hawthorn Bancshares Trading Down 1.1 %

Shares of Hawthorn Bancshares stock opened at $32.40 on Thursday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00. The company has a fifty day simple moving average of $26.76 and a 200-day simple moving average of $23.07. The stock has a market cap of $226.38 million, a price-to-earnings ratio of 36.00 and a beta of 0.53. Hawthorn Bancshares has a 12-month low of $17.86 and a 12-month 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. This represents a $0.76 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date is Friday, December 13th. Hawthorn Bancshares’s dividend payout ratio is currently 84.44%.

Insider Transactions at Hawthorn Bancshares

In related news, Director Jonathan Holtaway sold 5,053 shares of Hawthorn Bancshares stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $28.57, for a total value of $144,364.21. Following the transaction, the director now directly owns 402,460 shares in the company, valued at $11,498,282.20. This trade represents a 1.24 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 23.40% of the company’s stock.

Institutional Trading of Hawthorn Bancshares

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Hawthorn Bancshares by 4.8% during the first quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after purchasing an additional 12,800 shares in the last quarter. Empowered Funds LLC raised its stake 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 buying an additional 1,340 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of 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 buying an additional 6,700 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings 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 buying an additional 6,955 shares during the period. Institutional investors and hedge funds 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.