CENTRAL TRUST Co Reduces Stake in Hawthorn Bancshares, Inc. $HWBK

CENTRAL TRUST Co cut its position in shares of Hawthorn Bancshares, Inc. (NASDAQ:HWBK) by 22.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,718 shares of the financial services provider’s stock after selling 1,650 shares during the quarter. CENTRAL TRUST Co’s holdings in Hawthorn Bancshares were worth $167,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in shares of Hawthorn Bancshares in the first quarter valued at $457,000. Goldman Sachs Group Inc. grew its stake in Hawthorn Bancshares by 150.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 20,460 shares of the financial services provider’s stock valued at $578,000 after acquiring an additional 12,299 shares during the last quarter. Finally, Empowered Funds LLC increased its holdings in Hawthorn Bancshares by 7.2% during the 1st quarter. Empowered Funds LLC now owns 30,547 shares of the financial services provider’s stock valued at $862,000 after acquiring an additional 2,051 shares in the last quarter. Institutional investors and hedge funds own 30.73% of the company’s stock.

Hawthorn Bancshares Stock Performance

NASDAQ:HWBK opened at $31.79 on Friday. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market cap of $219.54 million, a PE ratio of 9.97 and a beta of 0.61. The firm has a 50 day simple moving average of $30.77 and a 200-day simple moving average of $30.02. Hawthorn Bancshares, Inc. has a 1-year low of $25.21 and a 1-year high of $35.95.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $0.88 earnings per share for the quarter. Hawthorn Bancshares had a return on equity of 14.49% and a net margin of 20.09%.The company had revenue of $17.25 million during the quarter.

Hawthorn Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 1st. Investors of record on Monday, December 15th will be given a dividend of $0.20 per share. The ex-dividend date is Monday, December 15th. This represents a $0.80 annualized dividend and a yield of 2.5%. Hawthorn Bancshares’s dividend payout ratio is 25.08%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded shares of Hawthorn Bancshares from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Hawthorn Bancshares has a consensus rating of “Hold”.

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.