Hawthorn Bancshares (NASDAQ:HWBK) Shares Cross Below 200-Day Moving Average – Should You Sell?

Hawthorn Bancshares, Inc. (NASDAQ:HWBK)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $29.01 and traded as low as $27.30. Hawthorn Bancshares shares last traded at $28.23, with a volume of 12,415 shares traded.

Analysts Set New Price Targets

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

Hawthorn Bancshares Stock Up 1.2 %

The firm’s 50-day moving average is $30.91 and its two-hundred day moving average is $29.01. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $213.28 million, a P/E ratio of 10.82 and a beta of 0.59.

Hawthorn Bancshares (NASDAQ:HWBK) last released its earnings results on Wednesday, January 22nd. The financial services provider reported $0.66 earnings per share 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Saturday, March 15th will be given a dividend of $0.19 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.76 dividend on an annualized basis and a yield of 2.69%. Hawthorn Bancshares’s payout ratio is presently 29.12%.

Insider Buying and Selling

In related news, Director Jonathan Holtaway sold 2,682 shares of the company’s stock in a transaction dated 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 owns 366,598 shares in the company, valued at approximately $12,064,740.18. This represents a 0.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 23.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Hawthorn Bancshares

Several institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC boosted its stake in 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 worth $1,719,000 after acquiring an additional 6,955 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Hawthorn Bancshares by 4.9% during the fourth quarter. Empowered Funds LLC now owns 28,496 shares of the financial services provider’s stock worth $808,000 after purchasing an additional 1,327 shares in the last quarter. Alexander Labrunerie & CO. Inc. grew its holdings in shares of Hawthorn Bancshares by 4.3% in the 4th quarter. Alexander Labrunerie & CO. Inc. now owns 15,214 shares of the financial services provider’s stock valued at $431,000 after buying an additional 625 shares during the period. CENTRAL TRUST Co grew its holdings in shares of Hawthorn Bancshares by 42.6% in the 4th quarter. CENTRAL TRUST Co now owns 7,368 shares of the financial services provider’s stock valued at $209,000 after buying an additional 2,200 shares during the period. Finally, Citadel Advisors LLC bought a new stake in shares of Hawthorn Bancshares in the 4th quarter valued at $218,000. 30.73% of the stock is currently 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.