Hawthorn Bancshares, Inc. (NASDAQ:HWBK) CEO Brent M. Giles Purchases 700 Shares

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) CEO Brent M. Giles acquired 700 shares of the business’s stock in a transaction on Tuesday, March 11th. The stock was acquired at an average cost of $25.84 per share, for a total transaction of $18,088.00. Following the transaction, the chief executive officer now directly owns 13,005 shares in the company, valued at $336,049.20. The trade was a 5.69 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Hawthorn Bancshares Stock Performance

Shares of Hawthorn Bancshares stock opened at $28.51 on Friday. The stock’s fifty day moving average is $31.30 and its two-hundred day moving average is $28.62. The company has a market capitalization of $199.20 million, a PE ratio of 10.92 and a beta of 0.60. 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, Inc. has a 52 week low of $17.86 and a 52 week high of $35.95.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a return on equity of 13.00% and a net margin of 16.65%.

Hawthorn Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Saturday, March 15th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date is Friday, March 14th. Hawthorn Bancshares’s payout ratio is 29.12%.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Millennium Management LLC grew its position in shares of Hawthorn Bancshares by 29.3% during the 4th quarter. Millennium Management LLC now owns 25,881 shares of the financial services provider’s stock worth $734,000 after buying an additional 5,870 shares in the last quarter. Bridgeway Capital Management LLC grew its position in shares of Hawthorn Bancshares by 0.7% during the 4th quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider’s stock worth $2,085,000 after buying an additional 477 shares in the last quarter. Citadel Advisors LLC bought a new position in shares of Hawthorn Bancshares during the 4th quarter worth $218,000. 683 Capital Management LLC bought a new position in shares of Hawthorn Bancshares during the 4th quarter worth $320,000. Finally, Rhino Investment Partners Inc bought a new position in shares of Hawthorn Bancshares during the 4th quarter worth $2,046,000. Institutional investors own 30.73% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research report on Friday, January 31st.

About Hawthorn Bancshares

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.