B. Metzler seel. Sohn & Co. AG Buys Shares of 7,743 Hawkins, Inc. (NASDAQ:HWKN)

B. Metzler seel. Sohn & Co. AG purchased a new position in shares of Hawkins, Inc. (NASDAQ:HWKN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,743 shares of the specialty chemicals company's stock, valued at approximately $950,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Alliancebernstein L.P. lifted its position in shares of Hawkins by 3.0% during the 4th quarter. Alliancebernstein L.P. now owns 20,284 shares of the specialty chemicals company's stock worth $2,488,000 after buying an additional 592 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Hawkins by 61.9% during the fourth quarter. JPMorgan Chase & Co. now owns 149,616 shares of the specialty chemicals company's stock valued at $18,353,000 after acquiring an additional 57,179 shares during the period. Montanaro Asset Management Ltd acquired a new stake in shares of Hawkins in the 4th quarter valued at $1,840,000. EFG Asset Management North America Corp. grew its holdings in shares of Hawkins by 89.7% in the 4th quarter. EFG Asset Management North America Corp. now owns 33,886 shares of the specialty chemicals company's stock worth $4,153,000 after purchasing an additional 16,026 shares during the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new stake in shares of Hawkins during the 4th quarter worth about $5,850,000. 69.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HWKN has been the topic of a number of recent analyst reports. CJS Securities initiated coverage on shares of Hawkins in a research report on Tuesday, April 1st. They issued a "market outperform" rating and a $125.00 price target on the stock. BWS Financial reiterated a "neutral" rating and issued a $122.00 target price on shares of Hawkins in a research note on Friday, January 31st.

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Hawkins Price Performance

Shares of HWKN stock traded up $1.80 during trading hours on Tuesday, hitting $107.27. 28,041 shares of the company's stock were exchanged, compared to its average volume of 123,467. Hawkins, Inc. has a 52 week low of $71.98 and a 52 week high of $139.55. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of 27.22, a price-to-earnings-growth ratio of 3.80 and a beta of 0.82. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.50 and a quick ratio of 1.53. The stock's 50-day moving average is $107.93 and its 200-day moving average is $118.22.

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

Hawkins Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.18 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.72 dividend on an annualized basis and a yield of 0.67%. Hawkins's payout ratio is 18.37%.

Hawkins Profile

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.