Insider Buying: Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Buys $294,450.00 in Stock

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Douglas Todd Eden acquired 15,000 shares of the business’s stock in a transaction on Friday, May 3rd. The stock was acquired at an average cost of $19.63 per share, for a total transaction of $294,450.00. Following the transaction, the director now directly owns 76,826 shares in the company, valued at $1,508,094.38. The purchase was disclosed in a legal filing with the SEC, which is available 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 bought 7,000 shares of Hawthorn Bancshares stock. The shares were bought at an average cost of $22.32 per share, for a total transaction of $156,240.00.

Hawthorn Bancshares Stock Performance

HWBK stock opened at $19.42 on Thursday. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.03 and a quick ratio of 1.03. Hawthorn Bancshares, Inc. has a 1-year low of $15.02 and a 1-year high of $26.00. The business has a 50-day moving average price of $20.10 and a 200 day moving average price of $21.64. The company has a market capitalization of $136.29 million, a P/E ratio of 64.73 and a beta of 0.49.

Hawthorn Bancshares Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Saturday, June 15th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.91%. The ex-dividend date of this dividend is Friday, June 14th. This is a boost from Hawthorn Bancshares’s previous quarterly dividend of $0.17. Hawthorn Bancshares’s dividend payout ratio is presently 253.33%.

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

Institutional investors have recently bought and sold shares of the business. CENTRAL TRUST Co boosted its position in Hawthorn Bancshares by 99.2% during the 3rd quarter. CENTRAL TRUST Co now owns 10,017 shares of the financial services provider’s stock valued at $163,000 after acquiring an additional 4,988 shares in the last quarter. Eagle Bluffs Wealth Management LLC bought a new stake in Hawthorn Bancshares during the first quarter valued at about $240,000. Gendell Jeffrey L grew its stake in Hawthorn Bancshares by 4.0% in the third 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. Finally, Empowered Funds LLC raised its holdings in Hawthorn Bancshares by 7.9% in the first quarter. Empowered Funds LLC now owns 24,029 shares of the financial services provider’s stock worth $491,000 after purchasing an additional 1,750 shares in the last quarter. 30.73% of the stock is owned by hedge funds and other institutional investors.

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.