Hawthorn Bancshares (NASDAQ:HWBK) Stock Crosses Below Two Hundred Day Moving Average of $21.48

Hawthorn Bancshares, Inc. (NASDAQ:HWBK)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $21.48 and traded as low as $20.01. Hawthorn Bancshares shares last traded at $20.10, with a volume of 1,255 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Hawthorn Bancshares from a “sell” rating to a “hold” rating in a research note on Tuesday, April 23rd.

Hawthorn Bancshares Price Performance

The firm has a market capitalization of $140.70 million, a price-to-earnings ratio of 67.00 and a beta of 0.56. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 1.01. The stock’s 50 day moving average price is $19.47 and its two-hundred day moving average price is $21.48.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its earnings results on Wednesday, April 24th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a net margin of 2.09% and a return on equity of 1.65%. The business had revenue of $17.77 million for the quarter.

Hawthorn Bancshares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Saturday, June 15th were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.78%. This is a positive change from Hawthorn Bancshares’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Friday, June 14th. Hawthorn Bancshares’s dividend payout ratio is presently 253.33%.

Insider Activity at Hawthorn Bancshares

In other news, Director Douglas Todd Eden acquired 15,000 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was bought at an average price of $19.63 per share, with a total value of $294,450.00. Following the completion of the acquisition, the director now owns 76,826 shares in the company, valued at approximately $1,508,094.38. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Hawthorn Bancshares news, Director Jonathan Holtaway acquired 5,500 shares of the business’s stock in a transaction on Monday, April 29th. The stock was purchased at an average price of $19.19 per share, for a total transaction of $105,545.00. Following the transaction, the director now owns 21,000 shares in the company, valued at approximately $402,990. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Douglas Todd Eden acquired 15,000 shares of the firm’s stock in a transaction on Friday, May 3rd. The shares were bought at an average cost of $19.63 per share, for a total transaction of $294,450.00. Following the acquisition, the director now owns 76,826 shares in the company, valued at $1,508,094.38. The disclosure for this purchase can be found here. Insiders have acquired a total of 24,500 shares of company stock valued at $476,855 over the last quarter. 23.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Hawthorn Bancshares

Hedge funds and other institutional investors have recently made changes to their positions in the company. Eagle Bluffs Wealth Management LLC bought a new position in shares of Hawthorn Bancshares in the 1st quarter worth $240,000. Alexander Labrunerie & CO. Inc. bought a new position in Hawthorn Bancshares during the first quarter worth about $381,000. Empowered Funds LLC boosted its holdings in Hawthorn Bancshares by 7.9% during the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after buying an additional 1,750 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings 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 worth $5,686,000 after purchasing an additional 12,800 shares during the period. 30.73% of the stock is owned by institutional investors and hedge funds.

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.