Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Shares Sold by Gendell Jeffrey L

Gendell Jeffrey L cut its stake in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) by 36.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 24,958 shares of the financial services provider’s stock after selling 14,562 shares during the period. Gendell Jeffrey L’s holdings in Hawthorn Bancshares were worth $583,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in Hawthorn Bancshares by 13,475.0% during the first quarter. Bank of America Corp DE now owns 1,629 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 1,617 shares in the last quarter. Morgan Stanley grew its stake in Hawthorn Bancshares by 188.4% during the 4th quarter. Morgan Stanley now owns 7,180 shares of the financial services provider’s stock worth $156,000 after buying an additional 4,690 shares during the last quarter. Price T Rowe Associates Inc. MD purchased a new stake in Hawthorn Bancshares in the second quarter valued at approximately $202,000. Mercer Global Advisors Inc. ADV purchased a new position in shares of Hawthorn Bancshares during the third quarter worth approximately $397,000. Finally, American Century Companies Inc. grew its position in Hawthorn Bancshares by 28.4% during the 1st quarter. American Century Companies Inc. now owns 23,481 shares of the financial services provider’s stock worth $594,000 after purchasing an additional 5,196 shares during the last quarter. Hedge funds and other institutional investors own 20.47% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Hawthorn Bancshares in a research note on Thursday, August 17th. They set a “hold” rating for the company.

Hawthorn Bancshares Stock Performance

Shares of HWBK opened at $16.87 on Friday. The stock has a market capitalization of $118.76 million, a P/E ratio of 7.68 and a beta of 0.42. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.02 and a current ratio of 1.02. Hawthorn Bancshares, Inc. has a 1 year low of $16.26 and a 1 year high of $25.49. The company’s fifty day moving average is $17.27 and its two-hundred day moving average is $19.75.

Hawthorn Bancshares (NASDAQ:HWBK) last posted its quarterly earnings results on Wednesday, July 26th. The financial services provider reported $0.36 EPS for the quarter. The business had revenue of $15.80 million during the quarter. Hawthorn Bancshares had a return on equity of 12.44% and a net margin of 16.83%.

Hawthorn Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, October 1st. Shareholders of record on Friday, September 15th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.68 annualized dividend and a yield of 4.03%. Hawthorn Bancshares’s payout ratio is currently 30.96%.

Hawthorn Bancshares Company Profile

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides commercial and personal banking services. It accepts checking, savings, money market, individual retirement, and other time deposit accounts; and 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.