Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Douglas Todd Eden Buys 15,000 Shares

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Director Douglas Todd Eden purchased 15,000 shares of Hawthorn Bancshares stock in a transaction that occurred on Friday, May 3rd. The stock was acquired at an average price of $19.63 per share, with a total value of $294,450.00. Following the transaction, the director now owns 76,826 shares in the company, valued at $1,508,094.38. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

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

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

Hawthorn Bancshares Increases Dividend

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

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Hawthorn Bancshares

A number of hedge funds have recently added to or reduced their stakes in HWBK. CENTRAL TRUST Co increased 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 worth $163,000 after purchasing an additional 4,988 shares during the period. Eagle Bluffs Wealth Management LLC acquired a new position in Hawthorn Bancshares during the first quarter worth $240,000. Gendell Jeffrey L raised its position 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 worth $268,000 after acquiring an additional 634 shares in the last quarter. Finally, Empowered Funds LLC lifted 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 valued at $491,000 after acquiring an additional 1,750 shares during the period. Institutional investors and hedge funds own 30.73% of the company’s stock.

Hawthorn Bancshares Company Profile

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.