Hawthorn Bancshares (NASDAQ:HWBK) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $24.08 and traded as high as $31.73. Hawthorn Bancshares shares last traded at $31.68, with a volume of 3,055 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research note on Thursday, November 28th.

Hawthorn Bancshares Price Performance

The company has a fifty day simple moving average of $28.45 and a 200 day simple moving average of $24.08. The stock has a market capitalization of $221.35 million, a price-to-earnings ratio of 35.20 and a beta of 0.56. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Sunday, December 15th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Friday, December 13th. Hawthorn Bancshares’s dividend payout ratio is currently 84.44%.

Insider Activity at Hawthorn Bancshares

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Empowered Funds LLC increased its holdings in Hawthorn Bancshares by 5.2% in the third 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 in the last quarter. Renaissance Technologies LLC increased its stake in shares of Hawthorn Bancshares by 36.5% in the 2nd quarter. Renaissance Technologies LLC now owns 25,043 shares of the financial services provider’s stock valued at $496,000 after acquiring an additional 6,700 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Hawthorn Bancshares by 11.3% during the 3rd quarter. Geode Capital Management LLC now owns 68,657 shares of the financial services provider’s stock valued at $1,719,000 after acquiring an additional 6,955 shares during the period. 30.73% of the stock is owned by institutional investors and hedge funds.

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.