Hawthorn Bancshares (NASDAQ:HWBK) Shares Cross Below 200-Day Moving Average - Should You Sell?

Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report)'s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $30.08 and traded as low as $29.47. Hawthorn Bancshares shares last traded at $29.56, with a volume of 7,280 shares changing hands.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Hawthorn Bancshares from a "buy" rating to a "hold" rating in a research report on Thursday, April 10th.

Hawthorn Bancshares Stock Up 0.6%

The firm has a market capitalization of $206.95 million, a PE ratio of 11.41 and a beta of 0.61. The company has a fifty day simple moving average of $28.81 and a two-hundred day simple moving average of $30.12. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.01 and a current ratio of 1.01.

Hawthorn Bancshares (NASDAQ:HWBK - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.77 earnings per share for the quarter. The firm 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. Shareholders of record on Sunday, June 15th will be issued a $0.20 dividend. This is a positive change from Hawthorn Bancshares's previous quarterly dividend of $0.19. This represents a $0.80 annualized dividend and a yield of 2.69%. The ex-dividend date is Friday, June 13th. Hawthorn Bancshares's dividend payout ratio (DPR) is presently 29.09%.

Hedge Funds Weigh In On Hawthorn Bancshares

Several hedge funds and other institutional investors have recently made changes to their positions in HWBK. Barclays PLC increased 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 purchasing an additional 324 shares during the period. CENTRAL TRUST Co lifted its position in Hawthorn Bancshares by 42.6% during the 4th quarter. CENTRAL TRUST Co now owns 7,368 shares of the financial services provider's stock worth $209,000 after acquiring an additional 2,200 shares during the period. Citadel Advisors LLC purchased a new position in shares of Hawthorn Bancshares during the 4th quarter worth approximately $218,000. 683 Capital Management LLC purchased a new position in Hawthorn Bancshares in the 4th quarter valued at approximately $320,000. Finally, Northern Trust Corp increased its stake in Hawthorn Bancshares by 8.0% in 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. Hedge funds and other institutional investors own 30.73% of the company's stock.

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.