PL Capital Advisors LLC Sells 60,795 Shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK)

PL Capital Advisors LLC decreased its holdings in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Free Report) by 20.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 230,110 shares of the financial services provider's stock after selling 60,795 shares during the period. Hawthorn Bancshares comprises about 2.0% of PL Capital Advisors LLC's portfolio, making the stock its 17th largest holding. PL Capital Advisors LLC owned approximately 3.27% of Hawthorn Bancshares worth $5,838,000 as of its most recent SEC filing.

Separately, Gendell Jeffrey L increased its stake in Hawthorn Bancshares by 4.0% during the third quarter. Gendell Jeffrey L now owns 16,505 shares of the financial services provider's stock valued at $268,000 after purchasing an additional 634 shares during the last quarter. Institutional investors own 30.73% of the company's stock.

Insider Activity at Hawthorn Bancshares

In related news, Director Jonathan Holtaway bought 5,500 shares of the firm's stock in a transaction that occurred on Thursday, March 14th. The stock was purchased at an average price of $19.12 per share, for a total transaction of $105,160.00. Following the transaction, the director now directly owns 15,500 shares of the company's stock, valued at approximately $296,360. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Hawthorn Bancshares news, Director Douglas Todd Eden acquired 5,000 shares of Hawthorn Bancshares stock in a transaction dated Monday, March 11th. The stock was bought at an average price of $20.37 per share, for a total transaction of $101,850.00. Following the transaction, the director now owns 85,000 shares in the company, valued at approximately $1,731,450. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jonathan Holtaway acquired 5,500 shares of Hawthorn Bancshares stock in a transaction dated Thursday, March 14th. The shares were acquired at an average price of $19.12 per share, with a total value of $105,160.00. Following the transaction, the director now owns 15,500 shares in the company, valued at approximately $296,360. The disclosure for this purchase can be found here. Insiders purchased 20,400 shares of company stock worth $426,846 in the last 90 days. Corporate insiders own 12.60% of the company's stock.

Hawthorn Bancshares Stock Performance

Shares of HWBK remained flat at $18.89 during midday trading on Friday. 11,906 shares of the stock traded hands, compared to its average volume of 11,039. Hawthorn Bancshares, Inc. has a 52 week low of $15.02 and a 52 week high of $26.00. The company has a market capitalization of $132.57 million, a price-to-earnings ratio of 62.97 and a beta of 0.46. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.03 and a quick ratio of 1.03. The company's fifty day simple moving average is $20.56 and its 200 day simple moving average is $21.45.

Hawthorn Bancshares (NASDAQ:HWBK - Get Free Report) last posted its quarterly earnings data on Tuesday, January 30th. The financial services provider reported ($1.05) earnings per share for the quarter. The company had revenue of $18.00 million during the quarter. Hawthorn Bancshares had a return on equity of 1.69% and a net margin of 2.09%.

Hawthorn Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Saturday, June 15th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 4.02%. The ex-dividend date of this dividend is Friday, June 14th. This is a positive change from Hawthorn Bancshares's previous quarterly dividend of $0.17. Hawthorn Bancshares's dividend payout ratio is currently 253.33%.

Wall Street Analysts Forecast Growth

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

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.