Insider Buying: Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Buys 1,000 Shares of Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report) Director Shawna M. Hettinger acquired 1,000 shares of the stock in a transaction that occurred on Wednesday, May 8th. The stock was purchased at an average cost of $19.64 per share, with a total value of $19,640.00. Following the completion of the acquisition, the director now owns 4,103 shares of the company's stock, valued at $80,582.92. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Hawthorn Bancshares Stock Performance

NASDAQ HWBK traded up $0.31 during trading hours on Friday, reaching $19.71. The company's stock had a trading volume of 10,499 shares, compared to its average volume of 16,427. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.15. The business has a 50-day simple moving average of $20.05 and a 200 day simple moving average of $21.62. Hawthorn Bancshares, Inc. has a 52 week low of $15.02 and a 52 week high of $26.00. The stock has a market cap of $138.32 million, a PE ratio of 65.13 and a beta of 0.49.

Hawthorn Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Saturday, June 15th will be given a $0.19 dividend. The ex-dividend date is Friday, June 14th. This is a positive change from Hawthorn Bancshares's previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a yield of 3.86%. Hawthorn Bancshares's dividend payout ratio (DPR) is currently 253.33%.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Hawthorn Bancshares

Several hedge funds and other institutional investors have recently modified their holdings of HWBK. Vanguard Group Inc. lifted its position in Hawthorn Bancshares by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider's stock valued at $5,686,000 after purchasing an additional 12,800 shares during the last quarter. Eagle Bluffs Wealth Management LLC bought a new stake in shares of Hawthorn Bancshares during the first quarter valued at approximately $240,000. CENTRAL TRUST Co boosted its position in shares of Hawthorn Bancshares by 99.2% during the third quarter. CENTRAL TRUST Co now owns 10,017 shares of the financial services provider's stock worth $163,000 after buying an additional 4,988 shares during the period. Empowered Funds LLC grew its holdings in Hawthorn Bancshares by 7.9% in the 1st 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 in the last quarter. Finally, Gendell Jeffrey L increased its position in Hawthorn Bancshares by 4.0% in the 3rd quarter. Gendell Jeffrey L now owns 16,505 shares of the financial services provider's stock valued at $268,000 after acquiring an additional 634 shares during the period. Institutional investors and hedge funds own 30.73% of the company's stock.

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.