Ategra Capital Management LLC Sells 25,322 Shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK)

Ategra Capital Management LLC trimmed its holdings in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Free Report) by 6.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 382,191 shares of the financial services provider's stock after selling 25,322 shares during the period. Hawthorn Bancshares accounts for approximately 7.2% of Ategra Capital Management LLC's holdings, making the stock its 8th largest holding. Ategra Capital Management LLC owned approximately 5.47% of Hawthorn Bancshares worth $10,835,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. 683 Capital Management LLC acquired a new position in Hawthorn Bancshares during the fourth quarter valued at approximately $320,000. Rhino Investment Partners Inc purchased a new stake in Hawthorn Bancshares during the fourth quarter valued at about $2,046,000. Northern Trust Corp grew its position in shares of Hawthorn Bancshares by 8.0% during the 4th 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. Susquehanna International Group LLP boosted its holdings in shares of Hawthorn Bancshares by 163.3% in the 4th quarter. Susquehanna International Group LLP now owns 81,309 shares of the financial services provider's stock worth $2,305,000 after purchasing an additional 50,429 shares in the last quarter. Finally, Barclays PLC lifted its position in Hawthorn Bancshares by 44.1% in the fourth quarter. Barclays PLC now owns 1,059 shares of the financial services provider's stock valued at $30,000 after purchasing an additional 324 shares during the last quarter. Institutional investors own 30.73% of the company's stock.

Hawthorn Bancshares Stock Up 0.2 %

NASDAQ:HWBK traded up $0.06 during mid-day trading on Thursday, reaching $29.13. The company's stock had a trading volume of 8,891 shares, compared to its average volume of 9,618. The stock has a fifty day moving average of $28.41 and a 200-day moving average of $29.80. 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 1 year low of $18.37 and a 1 year high of $35.95. The firm has a market capitalization of $203.11 million, a PE ratio of 11.16 and a beta of 0.61.

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

Hawthorn Bancshares Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Sunday, June 15th will be issued a $0.20 dividend. This is an increase from Hawthorn Bancshares's previous quarterly dividend of $0.19. The ex-dividend date is Friday, June 13th. This represents a $0.80 annualized dividend and a dividend yield of 2.75%. Hawthorn Bancshares's payout ratio is presently 29.09%.

Insiders Place Their Bets

In related news, Director Jonathan Holtaway sold 2,682 shares of the business'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 owns 366,598 shares of the company's stock, valued at $12,064,740.18. This represents a 0.73 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 23.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

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

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.