24,323 Shares in Hawkins, Inc. (NASDAQ:HWKN) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new position in Hawkins, Inc. (NASDAQ:HWKN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 24,323 shares of the specialty chemicals company's stock, valued at approximately $2,984,000. Proficio Capital Partners LLC owned 0.12% of Hawkins at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Larson Financial Group LLC increased its stake in Hawkins by 8,633.3% in the 3rd quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company's stock worth $33,000 after buying an additional 259 shares during the period. Blue Trust Inc. increased its stake in Hawkins by 155.4% in the 4th quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company's stock worth $44,000 after buying an additional 216 shares during the period. Farther Finance Advisors LLC grew its holdings in Hawkins by 289.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 467 shares of the specialty chemicals company's stock worth $59,000 after acquiring an additional 347 shares in the last quarter. TD Private Client Wealth LLC grew its holdings in Hawkins by 242.5% during the 3rd quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company's stock worth $59,000 after acquiring an additional 325 shares in the last quarter. Finally, KBC Group NV grew its holdings in Hawkins by 37.0% during the 4th quarter. KBC Group NV now owns 948 shares of the specialty chemicals company's stock worth $116,000 after acquiring an additional 256 shares in the last quarter. Hedge funds and other institutional investors own 69.71% of the company's stock.

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Wall Street Analysts Forecast Growth

Separately, BWS Financial reiterated a "neutral" rating and set a $122.00 target price on shares of Hawkins in a report on Friday, January 31st.

Hawkins Stock Up 2.3 %

Shares of NASDAQ:HWKN traded up $2.30 during trading on Friday, reaching $103.93. The stock had a trading volume of 84,146 shares, compared to its average volume of 147,217. Hawkins, Inc. has a one year low of $68.87 and a one year high of $139.55. The company has a market capitalization of $2.18 billion, a P/E ratio of 26.51, a PEG ratio of 3.80 and a beta of 0.77. The company has a current ratio of 2.50, a quick ratio of 1.53 and a debt-to-equity ratio of 0.23. The firm's 50-day simple moving average is $112.13 and its 200 day simple moving average is $120.35.

Hawkins (NASDAQ:HWKN - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by ($0.05). Hawkins had a net margin of 8.60% and a return on equity of 18.95%. As a group, research analysts expect that Hawkins, Inc. will post 4 EPS for the current fiscal year.

Hawkins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend was Friday, February 14th. Hawkins's dividend payout ratio (DPR) is presently 18.37%.

About Hawkins

Hawkins, Inc operates as a specialty chemical and ingredients company in the United States. It operates through three segments: Industrial, Water Treatment, and Health and Nutrition. The Industrial segment offers industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.