Insider Buying: Hawthorn Bancshares, Inc. (NASDAQ:HWBK) CEO Buys $37,500.00 in Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) CEO Brent M. Giles bought 2,000 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were acquired at an average cost of $18.75 per share, with a total value of $37,500.00. Following the transaction, the chief executive officer now owns 7,568 shares in the company, valued at approximately $141,900. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Hawthorn Bancshares Trading Up 1.0 %

NASDAQ HWBK opened at $19.40 on Friday. The company’s fifty day simple moving average is $20.24 and its 200-day simple moving average is $21.51. The stock has a market cap of $136.19 million, a P/E ratio of 64.67 and a beta of 0.49. Hawthorn Bancshares, Inc. has a 52 week low of $15.02 and a 52 week high of $26.00. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.15.

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

Hawthorn Bancshares Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Saturday, June 15th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date is Friday, June 14th. This is an increase from Hawthorn Bancshares’s previous quarterly dividend of $0.17. Hawthorn Bancshares’s dividend payout ratio (DPR) is currently 226.67%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Hawthorn Bancshares from a “sell” rating to a “hold” rating in a report on Tuesday, April 23rd.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of hedge funds have recently added to or reduced their stakes in the business. Eagle Bluffs Wealth Management LLC acquired a new position in Hawthorn Bancshares in the first quarter valued at approximately $240,000. Gendell Jeffrey L grew its stake in Hawthorn Bancshares by 4.0% during the 3rd quarter. Gendell Jeffrey L now owns 16,505 shares of the financial services provider’s stock worth $268,000 after buying an additional 634 shares during the last quarter. Finally, CENTRAL TRUST Co increased its position in Hawthorn Bancshares by 99.2% in 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. 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.