Hawthorn Bancshares (NASDAQ:HWBK) Issues Earnings Results

Hawthorn Bancshares (NASDAQ:HWBK) released its earnings results on Wednesday. The financial services provider reported $0.66 EPS for the quarter, Zacks reports. Hawthorn Bancshares had a return on equity of 4.46% and a net margin of 5.67%.

Hawthorn Bancshares Stock Up 1.0 %

Shares of NASDAQ:HWBK opened at $31.61 on Thursday. The stock’s 50-day moving average price is $30.56 and its 200-day moving average price is $25.93. Hawthorn Bancshares has a 12-month low of $17.86 and a 12-month high of $34.00. The stock has a market capitalization of $220.95 million, a P/E ratio of 35.12 and a beta of 0.58. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00.

Hawthorn Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Saturday, March 15th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.40%. Hawthorn Bancshares’s dividend payout ratio (DPR) is currently 84.44%.

Insider Activity

In other news, Director Jonathan Holtaway sold 1,015 shares of the stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $32.25, for a total transaction of $32,733.75. Following the completion of the sale, the director now directly owns 390,004 shares in the company, valued at approximately $12,577,629. This represents a 0.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frank E. Burkhead sold 3,000 shares of the stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $31.87, for a total transaction of $95,610.00. Following the sale, the director now owns 11,477 shares of the company’s stock, valued at approximately $365,771.99. This represents a 20.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,457 shares of company stock valued at $285,175. 23.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research note on Thursday.

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.