72,181 Shares in Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Bought by Rhino Investment Partners Inc

Rhino Investment Partners Inc purchased a new position in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 72,181 shares of the financial services provider's stock, valued at approximately $2,046,000. Rhino Investment Partners Inc owned about 1.03% of Hawthorn Bancshares at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HWBK. Barclays PLC raised its holdings in Hawthorn Bancshares by 44.1% during the 4th quarter. Barclays PLC now owns 1,059 shares of the financial services provider's stock worth $30,000 after buying an additional 324 shares during the period. CENTRAL TRUST Co increased its position in shares of Hawthorn Bancshares by 42.6% in the fourth quarter. CENTRAL TRUST Co now owns 7,368 shares of the financial services provider's stock valued at $209,000 after acquiring an additional 2,200 shares during the last quarter. Northern Trust Corp grew its stake in Hawthorn Bancshares by 8.0% in the fourth quarter. Northern Trust Corp now owns 14,834 shares of the financial services provider's stock valued at $421,000 after purchasing an additional 1,101 shares in the last quarter. Alexander Labrunerie & CO. Inc. increased its position in shares of Hawthorn Bancshares by 4.3% during the 4th quarter. Alexander Labrunerie & CO. Inc. now owns 15,214 shares of the financial services provider's stock worth $431,000 after purchasing an additional 625 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Hawthorn Bancshares by 11.9% during the fourth quarter. Renaissance Technologies LLC now owns 28,243 shares of the financial services provider's stock worth $801,000 after buying an additional 3,000 shares during the last quarter. 30.73% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Hawthorn Bancshares news, Director Jonathan Holtaway sold 2,682 shares of the company's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $32.91, for a total transaction of $88,264.62. Following the completion of the sale, the director now directly owns 366,598 shares in the company, valued at $12,064,740.18. This represents a 0.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 23.40% of the company's stock.

Hawthorn Bancshares Price Performance

Shares of NASDAQ HWBK traded up $0.63 during midday trading on Tuesday, reaching $30.03. The company's stock had a trading volume of 1,123 shares, compared to its average volume of 9,620. The business's 50 day moving average price is $28.48 and its two-hundred day moving average price is $29.81. Hawthorn Bancshares, Inc. has a fifty-two week low of $18.37 and a fifty-two week high of $35.95. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market cap of $209.40 million, a P/E ratio of 11.51 and a beta of 0.54.

Hawthorn Bancshares (NASDAQ:HWBK - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.77 earnings per share for the quarter. The business had revenue of $18.76 million during the quarter. Hawthorn Bancshares had a return on equity of 13.00% and a net margin of 16.65%.

Hawthorn Bancshares Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Sunday, June 15th will be issued a dividend of $0.20 per share. This is a boost from Hawthorn Bancshares's previous quarterly dividend of $0.19. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date is Friday, June 13th. Hawthorn Bancshares's dividend payout ratio (DPR) is currently 27.64%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Hawthorn Bancshares from a "buy" rating to a "hold" rating in a research note on Thursday, April 10th.

Hawthorn Bancshares 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.