Insider Buying: Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Acquires 15,000 Shares of Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Douglas Todd Eden bought 15,000 shares of the stock in a transaction dated Friday, May 3rd. The stock was bought at an average cost of $19.63 per share, for a total transaction of $294,450.00. Following the acquisition, the director now directly owns 76,826 shares of the company’s stock, valued at approximately $1,508,094.38. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Douglas Todd Eden also recently made the following trade(s):

• On Monday, March 11th, Douglas Todd Eden purchased 5,000 shares of Hawthorn Bancshares stock. The stock was bought at an average price of $20.37 per share, for a total transaction of $101,850.00.
• On Friday, February 16th, Douglas Todd Eden acquired 7,000 shares of Hawthorn Bancshares stock. The shares were purchased at an average price of $22.32 per share, with a total value of $156,240.00.

Hawthorn Bancshares Price Performance

HWBK traded up $0.43 during trading hours on Monday, hitting $19.83. The company’s stock had a trading volume of 4,877 shares, compared to its average volume of 16,709. The stock has a market cap of $139.21 million, a price-to-earnings ratio of 64.67 and a beta of 0.49. The business’s 50-day moving average price is $20.24 and its 200-day moving average price is $21.59. 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, Inc. has a 12 month low of $15.02 and a 12 month high of $26.00.

Hawthorn Bancshares Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Saturday, June 15th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Friday, June 14th. This is an increase from Hawthorn Bancshares’s previous quarterly dividend of $0.17. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.83%. Hawthorn Bancshares’s payout ratio is 226.67%.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. CENTRAL TRUST Co increased its stake in Hawthorn Bancshares by 99.2% during the third quarter. CENTRAL TRUST Co now owns 10,017 shares of the financial services provider’s stock worth $163,000 after acquiring an additional 4,988 shares during the last quarter. Eagle Bluffs Wealth Management LLC purchased a new position in shares of Hawthorn Bancshares in the 1st quarter worth approximately $240,000. Finally, Gendell Jeffrey L increased its position in shares of Hawthorn Bancshares by 4.0% during the 3rd 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.

About 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.