PL Capital Advisors LLC Lowers Stake in Hawthorn Bancshares, Inc. (NASDAQ:HWBK)

PL Capital Advisors LLC lowered its position in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) by 20.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 230,110 shares of the financial services provider’s stock after selling 60,795 shares during the quarter. Hawthorn Bancshares accounts for about 2.0% of PL Capital Advisors LLC’s investment portfolio, making the stock its 17th largest position. PL Capital Advisors LLC owned approximately 3.27% of Hawthorn Bancshares worth $5,838,000 at the end of the most recent reporting period.

Separately, Gendell Jeffrey L lifted its holdings in Hawthorn Bancshares by 4.0% during 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 in the last quarter. Institutional investors and hedge funds own 30.73% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Hawthorn Bancshares Price Performance

HWBK stock opened at $18.89 on Friday. Hawthorn Bancshares, Inc. has a one year low of $15.02 and a one year high of $26.00. The company’s fifty day moving average price is $20.56 and its 200-day moving average price is $21.41. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $132.61 million, a PE ratio of 62.97 and a beta of 0.46.

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

Hawthorn Bancshares Increases Dividend

The business 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. This represents a $0.76 annualized dividend and a dividend yield of 4.02%. 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. Hawthorn Bancshares’s payout ratio is 226.67%.

Insider Transactions at Hawthorn Bancshares

In related news, Director Douglas Todd Eden bought 7,000 shares of the stock in a transaction dated Friday, February 16th. The shares were purchased at an average price 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 purchase was disclosed in a filing with the SEC, which is available through this hyperlink. In other Hawthorn Bancshares news, Director Jonathan L. States purchased 1,200 shares of the firm’s stock in a transaction that occurred on Thursday, February 29th. The shares were bought at an average price of $21.57 per share, with a total value of $25,884.00. Following the completion of the purchase, the director now directly owns 3,255 shares in the company, valued at $70,210.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Douglas Todd Eden purchased 7,000 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were acquired at an average cost of $22.32 per share, for a total transaction of $156,240.00. Following the purchase, the director now owns 80,000 shares of the company’s stock, valued at $1,785,600. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 20,400 shares of company stock valued at $426,846. 12.60% of the stock is currently owned by corporate insiders.

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.