Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC increased its position in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) by 11.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 68,657 shares of the financial services provider’s stock after buying an additional 6,955 shares during the quarter. Geode Capital Management LLC’s holdings in Hawthorn Bancshares were worth $1,719,000 at the end of the most recent reporting period.

Separately, Empowered Funds LLC grew its holdings in shares of Hawthorn Bancshares by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 27,169 shares of the financial services provider’s stock worth $680,000 after purchasing an additional 1,340 shares during the period. 30.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research report on Friday, January 3rd.

Insider Buying and Selling at Hawthorn Bancshares

In other news, Director Frank E. Burkhead sold 3,000 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $31.87, for a total transaction of $95,610.00. Following the sale, the director now owns 11,477 shares of the company’s stock, valued at approximately $365,771.99. This represents a 20.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jonathan Holtaway sold 5,053 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $28.57, for a total transaction of $144,364.21. Following the completion of the transaction, the director now directly owns 402,460 shares of the company’s stock, valued at approximately $11,498,282.20. The trade was a 1.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,457 shares of company stock valued at $285,175 over the last quarter. 23.40% of the stock is owned by company insiders.

Hawthorn Bancshares Price Performance

Shares of HWBK opened at $31.15 on Thursday. The firm has a 50-day simple moving average of $30.08 and a two-hundred day simple moving average of $25.19. The stock has a market cap of $217.74 million, a PE ratio of 34.61 and a beta of 0.56. Hawthorn Bancshares, Inc. has a 1-year low of $17.86 and a 1-year high of $34.00. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.01 and a quick ratio of 1.01.

Hawthorn Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 1st. Investors of record on Sunday, December 15th were issued a $0.19 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.76 annualized dividend and a yield of 2.44%. Hawthorn Bancshares’s dividend payout ratio (DPR) is presently 84.44%.

Hawthorn Bancshares 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.