Barclays PLC raised its position in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 180.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 39,728 shares of the specialty chemicals company's stock after buying an additional 25,545 shares during the quarter. Barclays PLC owned about 0.19% of Hawkins worth $5,064,000 as of its most recent filing with the SEC.
A number of other large investors also recently bought and sold shares of HWKN. Ellsworth Advisors LLC lifted its holdings in shares of Hawkins by 1.2% in the 3rd quarter. Ellsworth Advisors LLC now owns 7,560 shares of the specialty chemicals company's stock valued at $964,000 after buying an additional 89 shares during the period. Arizona State Retirement System lifted its holdings in Hawkins by 1.9% in the second quarter. Arizona State Retirement System now owns 5,571 shares of the specialty chemicals company's stock valued at $507,000 after acquiring an additional 103 shares during the period. Morgan Dempsey Capital Management LLC boosted its position in shares of Hawkins by 5.1% during the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 2,629 shares of the specialty chemicals company's stock worth $239,000 after purchasing an additional 127 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Hawkins by 71.8% during the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty chemicals company's stock worth $51,000 after purchasing an additional 168 shares during the period. Finally, Louisiana State Employees Retirement System increased its holdings in shares of Hawkins by 2.1% in the 2nd quarter. Louisiana State Employees Retirement System now owns 9,600 shares of the specialty chemicals company's stock valued at $874,000 after purchasing an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 69.71% of the company's stock.
Hawkins Price Performance
NASDAQ HWKN traded up $4.55 during mid-day trading on Friday, hitting $123.98. The stock had a trading volume of 442,149 shares, compared to its average volume of 127,399. The company has a 50 day simple moving average of $126.17 and a 200 day simple moving average of $115.27. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 31.71, a P/E/G ratio of 4.76 and a beta of 0.83. Hawkins, Inc. has a 52-week low of $54.44 and a 52-week high of $139.55. The company has a quick ratio of 1.39, a current ratio of 2.27 and a debt-to-equity ratio of 0.21.
Hawkins (NASDAQ:HWKN - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The specialty chemicals company reported $1.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.18 by ($0.02). The firm had revenue of $247.03 million for the quarter, compared to analyst estimates of $259.59 million. Hawkins had a return on equity of 19.64% and a net margin of 8.74%. Equities analysts forecast that Hawkins, Inc. will post 4.12 EPS for the current fiscal year.
Hawkins Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.58%. The ex-dividend date was Friday, November 15th. Hawkins's dividend payout ratio (DPR) is presently 18.41%.
Wall Street Analyst Weigh In
Separately, BWS Financial reissued a "neutral" rating and set a $122.00 price objective on shares of Hawkins in a report on Thursday, October 31st.
Check Out Our Latest Stock Analysis on Hawkins
Hawkins Profile
(
Free Report)
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.
Further Reading
Before you consider Hawkins, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hawkins wasn't on the list.
While Hawkins currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.