Hawthorn Bancshares (NASDAQ:HWBK) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $29.09 and traded as low as $26.43. Hawthorn Bancshares shares last traded at $26.50, with a volume of 55,330 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research note on Tuesday, April 1st.

Hawthorn Bancshares Trading Down 2.0 %

The stock has a market cap of $200.21 million, a PE ratio of 10.15 and a beta of 0.54. The company’s 50-day moving average price is $30.16 and its 200 day moving average price is $29.09. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.01 and a current ratio of 1.01.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a return on equity of 13.00% and a net margin of 16.65%.

Hawthorn Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Saturday, March 15th were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date of this dividend was Friday, March 14th. Hawthorn Bancshares’s dividend payout ratio is presently 29.12%.

Insider Activity

In other news, Director Jonathan Holtaway sold 2,682 shares of Hawthorn Bancshares stock in a transaction on Monday, February 10th. The stock was sold at an average price of $32.91, for a total value of $88,264.62. Following the completion of the sale, the director now directly owns 366,598 shares of the company’s stock, valued at approximately $12,064,740.18. The trade was a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 23.40% of the company’s stock.

Hedge Funds Weigh In On Hawthorn Bancshares

Several hedge funds have recently bought and sold shares of HWBK. Millennium Management LLC increased its stake in Hawthorn Bancshares by 29.3% during the 4th quarter. Millennium Management LLC now owns 25,881 shares of the financial services provider’s stock worth $734,000 after buying an additional 5,870 shares during the period. Bridgeway Capital Management LLC increased its position in shares of Hawthorn Bancshares by 0.7% during the fourth quarter. Bridgeway Capital Management LLC now owns 73,532 shares of the financial services provider’s stock worth $2,085,000 after acquiring an additional 477 shares during the period. Citadel Advisors LLC acquired a new stake in shares of Hawthorn Bancshares in the fourth quarter valued at $218,000. 683 Capital Management LLC purchased a new position in Hawthorn Bancshares in the fourth quarter valued at $320,000. Finally, Rhino Investment Partners Inc acquired a new position in Hawthorn Bancshares during the 4th quarter worth $2,046,000. Institutional investors and hedge funds own 30.73% of the company’s stock.

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.