Jonathan Holtaway Sells 389 Shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Jonathan Holtaway sold 389 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $32.05, for a total transaction of $12,467.45. Following the completion of the sale, the director now directly owns 389,615 shares of the company’s stock, valued at approximately $12,487,160.75. This represents a 0.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Jonathan Holtaway also recently made the following trade(s):

• On Friday, December 6th, Jonathan Holtaway sold 1,015 shares of Hawthorn Bancshares stock. The stock was sold at an average price of $32.25, for a total transaction of $32,733.75.
• On Wednesday, November 13th, Jonathan Holtaway sold 5,053 shares of Hawthorn Bancshares stock. The shares were sold at an average price of $28.57, for a total transaction of $144,364.21.

Hawthorn Bancshares Price Performance

Shares of HWBK opened at $31.81 on Friday. The stock has a 50 day simple moving average of $28.06 and a 200 day simple moving average of $23.83. Hawthorn Bancshares, Inc. has a 52-week low of $17.86 and a 52-week high of $34.00. 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 firm has a market capitalization of $222.35 million, a PE ratio of 35.34 and a beta of 0.56.

Hawthorn Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 1st. Stockholders of record on Sunday, December 15th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 2.39%. The ex-dividend date is Friday, December 13th. Hawthorn Bancshares’s dividend payout ratio (DPR) is presently 84.44%.

Institutional Investors Weigh In On Hawthorn Bancshares

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC raised its stake in shares of Hawthorn Bancshares by 36.5% in the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after purchasing an additional 6,700 shares during the period. Empowered Funds LLC boosted its position in Hawthorn Bancshares by 5.2% during the third quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock worth $680,000 after purchasing an additional 1,340 shares during the period. Geode Capital Management LLC lifted its holdings in Hawthorn Bancshares by 11.3% during the 3rd quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock worth $1,719,000 after purchasing an additional 6,955 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Hawthorn Bancshares by 4.8% during the first quarter. Vanguard Group Inc. now owns 278,318 shares of the financial services provider’s stock worth $5,686,000 after purchasing an additional 12,800 shares during the period. 30.73% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research report on Thursday, November 28th.

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.