Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Shares Sold by PL Capital Advisors LLC

PL Capital Advisors LLC cut its stake in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) by 20.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 230,110 shares of the financial services provider’s stock after selling 60,795 shares during the period. Hawthorn Bancshares comprises approximately 2.0% of PL Capital Advisors LLC’s portfolio, making the stock its 17th largest holding. PL Capital Advisors LLC’s holdings in Hawthorn Bancshares were worth $5,838,000 as of its most recent filing with the SEC.

Separately, Gendell Jeffrey L grew its position in shares of Hawthorn Bancshares by 4.0% during the third 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 in the last quarter. 30.73% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Insider Buying and Selling at Hawthorn Bancshares

In related news, Director Douglas Todd Eden purchased 7,000 shares of the company’s stock in a transaction on Friday, February 16th. The shares were bought at an average cost of $22.32 per share, for a total transaction of $156,240.00. Following the completion of the purchase, the director now directly owns 80,000 shares of the company’s stock, valued at approximately $1,785,600. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Douglas Todd Eden acquired 7,000 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was acquired at an average cost of $22.32 per share, with a total value of $156,240.00. Following the completion of the acquisition, the director now owns 80,000 shares of the company’s stock, valued at $1,785,600. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jonathan Holtaway acquired 5,500 shares of the firm’s stock in a transaction dated Thursday, March 14th. The stock was purchased at an average cost of $19.12 per share, with a total value of $105,160.00. Following the completion of the acquisition, the director now directly owns 15,500 shares of the company’s stock, valued at approximately $296,360. The disclosure for this purchase can be found here. Insiders have purchased 20,400 shares of company stock worth $426,846 over the last three months. Insiders own 12.60% of the company’s stock.

Hawthorn Bancshares Price Performance

HWBK stock opened at $18.89 on Friday. The stock has a market cap of $132.61 million, a price-to-earnings ratio of 62.97 and a beta of 0.46. Hawthorn Bancshares, Inc. has a fifty-two week low of $15.02 and a fifty-two week high of $26.00. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.15. The business has a 50 day moving average price of $20.56 and a 200 day moving average price of $21.41.

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

Hawthorn Bancshares Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Saturday, June 15th will be paid a $0.19 dividend. This is a positive change from Hawthorn Bancshares’s previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a yield of 4.02%. The ex-dividend date is Friday, June 14th. Hawthorn Bancshares’s dividend payout ratio is currently 226.67%.

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.