Hawkins, Inc. (NASDAQ:HWKN) Stock Holdings Decreased by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. lessened its stake in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 19.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,646 shares of the specialty chemicals company's stock after selling 2,973 shares during the period. Avantax Advisory Services Inc. owned 0.06% of Hawkins worth $1,551,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vaughan Nelson Investment Management L.P. boosted its position in shares of Hawkins by 487.7% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 254,837 shares of the specialty chemicals company's stock valued at $31,260,000 after purchasing an additional 211,472 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Hawkins during the 4th quarter valued at about $13,087,000. FMR LLC boosted its position in shares of Hawkins by 20.9% during the 3rd quarter. FMR LLC now owns 256,245 shares of the specialty chemicals company's stock valued at $32,663,000 after purchasing an additional 44,351 shares in the last quarter. State Street Corp boosted its position in shares of Hawkins by 5.4% during the 3rd quarter. State Street Corp now owns 755,995 shares of the specialty chemicals company's stock valued at $96,367,000 after purchasing an additional 38,877 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Hawkins by 127.3% during the 3rd quarter. Jane Street Group LLC now owns 47,432 shares of the specialty chemicals company's stock valued at $6,046,000 after purchasing an additional 26,568 shares in the last quarter. Institutional investors own 69.71% of the company's stock.

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Wall Street Analyst Weigh In

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

Hawkins Price Performance

Shares of NASDAQ:HWKN traded up $0.76 during trading hours on Friday, hitting $105.77. 367,892 shares of the company's stock traded hands, compared to its average volume of 121,013. Hawkins, Inc. has a 52 week low of $71.98 and a 52 week high of $139.55. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 2.50. The company's fifty day simple moving average is $109.41 and its two-hundred day simple moving average is $119.07. The company has a market cap of $2.21 billion, a price-to-earnings ratio of 26.98, a price-to-earnings-growth ratio of 3.80 and a beta of 0.77.

Hawkins (NASDAQ:HWKN - Get Free Report) last released its earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share for the quarter, missing the consensus estimate 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, equities analysts anticipate that Hawkins, Inc. will post 4 EPS for the current fiscal year.

Hawkins Announces Dividend

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