Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report) CEO Brent M. Giles bought 700 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The shares were bought at an average cost of $25.84 per share, for a total transaction of $18,088.00. Following the transaction, the chief executive officer now owns 13,005 shares of the company's stock, valued at $336,049.20. The trade was a 5.69 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Hawthorn Bancshares stock traded up $0.54 during midday trading on Thursday, hitting $27.44. 17,897 shares of the stock were exchanged, compared to its average volume of 9,422. Hawthorn Bancshares, Inc. has a 52-week low of $17.86 and a 52-week high of $35.95. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00. The business's 50-day moving average price is $31.37 and its 200-day moving average price is $28.54. The stock has a market capitalization of $191.72 million, a price-to-earnings ratio of 10.51 and a beta of 0.60.
Hawthorn Bancshares (NASDAQ:HWBK - Get Free Report) last announced its earnings results on Wednesday, January 22nd. The financial services provider reported $0.66 earnings per share for the quarter. Hawthorn Bancshares had a return on equity of 13.00% and a net margin of 16.65%.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Saturday, March 15th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend is Friday, March 14th. Hawthorn Bancshares's dividend payout ratio is presently 29.12%.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC lifted its stake in Hawthorn Bancshares by 44.1% in the fourth quarter. Barclays PLC now owns 1,059 shares of the financial services provider's stock valued at $30,000 after purchasing an additional 324 shares during the last quarter. Bridgeway Capital Management LLC raised its stake in Hawthorn Bancshares by 0.7% in the 4th quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider's stock valued at $2,085,000 after acquiring an additional 477 shares during the period. Alexander Labrunerie & CO. Inc. lifted its holdings in Hawthorn Bancshares by 4.3% during the fourth quarter. Alexander Labrunerie & CO. Inc. now owns 15,214 shares of the financial services provider's stock valued at $431,000 after purchasing an additional 625 shares during the last quarter. Northern Trust Corp lifted its holdings in Hawthorn Bancshares by 8.0% during the fourth quarter. Northern Trust Corp now owns 14,834 shares of the financial services provider's stock valued at $421,000 after purchasing an additional 1,101 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in Hawthorn Bancshares by 4.9% during the fourth quarter. Empowered Funds LLC now owns 28,496 shares of the financial services provider's stock worth $808,000 after purchasing an additional 1,327 shares during the period. 30.73% of the stock is owned by hedge funds and other institutional investors.
Separately, StockNews.com upgraded Hawthorn Bancshares from a "hold" rating to a "buy" rating in a research note on Friday, January 31st.
Get Our Latest Research Report on Hawthorn Bancshares
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.
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