EFG Asset Management North America Corp. Raises Holdings in Hawkins, Inc. (NASDAQ:HWKN)

EFG Asset Management North America Corp. raised its stake in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 89.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 33,886 shares of the specialty chemicals company's stock after buying an additional 16,026 shares during the period. EFG Asset Management North America Corp. owned about 0.16% of Hawkins worth $4,153,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of HWKN. New York State Teachers Retirement System increased its position in shares of Hawkins by 0.7% during the fourth quarter. New York State Teachers Retirement System now owns 13,527 shares of the specialty chemicals company's stock valued at $1,659,000 after acquiring an additional 100 shares during the last quarter. Values First Advisors Inc. boosted its stake in Hawkins by 1.4% during the fourth quarter. Values First Advisors Inc. now owns 12,056 shares of the specialty chemicals company's stock valued at $1,479,000 after buying an additional 170 shares during the period. Ellsworth Advisors LLC grew its stake in Hawkins by 2.5% in the 4th quarter. Ellsworth Advisors LLC now owns 7,747 shares of the specialty chemicals company's stock worth $950,000 after buying an additional 187 shares in the last quarter. Anchor Capital Advisors LLC increased its position in shares of Hawkins by 1.5% during the 4th quarter. Anchor Capital Advisors LLC now owns 14,602 shares of the specialty chemicals company's stock valued at $1,791,000 after purchasing an additional 214 shares during the last quarter. Finally, Blue Trust Inc. grew its position in Hawkins by 155.4% during the fourth quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company's stock valued at $44,000 after acquiring an additional 216 shares during the last quarter. 69.71% of the stock is currently owned by institutional investors and hedge funds.

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Hawkins Stock Performance

NASDAQ:HWKN traded down $0.42 during mid-day trading on Friday, reaching $106.14. The company's stock had a trading volume of 91,649 shares, compared to its average volume of 124,049. The company has a current ratio of 2.50, a quick ratio of 1.53 and a debt-to-equity ratio of 0.23. Hawkins, Inc. has a 12-month low of $71.98 and a 12-month high of $139.55. The stock has a market cap of $2.22 billion, a P/E ratio of 27.08, a PEG ratio of 3.80 and a beta of 0.77. The firm's fifty day moving average price is $108.91 and its two-hundred day moving average price is $118.71.

Hawkins (NASDAQ:HWKN - Get Free Report) last posted its quarterly earnings data 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%. On average, equities analysts forecast that Hawkins, Inc. will post 4 EPS for the current fiscal year.

Hawkins Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.68%. The ex-dividend date was Friday, February 14th. Hawkins's dividend payout ratio is 18.37%.

Wall Street Analyst Weigh In

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

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.