Nations Financial Group Inc. IA ADV Cuts Holdings in Hawkins, Inc. (NASDAQ:HWKN)

Nations Financial Group Inc. IA ADV reduced its stake in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 24.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,691 shares of the specialty chemicals company's stock after selling 9,477 shares during the period. Nations Financial Group Inc. IA ADV owned approximately 0.14% of Hawkins worth $3,642,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Larson Financial Group LLC raised its position in Hawkins by 8,633.3% during the third quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company's stock valued at $33,000 after purchasing an additional 259 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Hawkins by 155.4% in the fourth quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company's stock worth $44,000 after purchasing an additional 216 shares during the last quarter. TD Private Client Wealth LLC grew its stake in shares of Hawkins by 242.5% in the third quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company's stock worth $59,000 after purchasing an additional 325 shares during the last quarter. Farther Finance Advisors LLC boosted its position in Hawkins by 289.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 467 shares of the specialty chemicals company's stock valued at $59,000 after acquiring an additional 347 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in Hawkins during the 3rd quarter valued at approximately $100,000. 69.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Hawkins Stock Performance

Shares of NASDAQ:HWKN traded down $0.76 during midday trading on Wednesday, hitting $110.75. The company had a trading volume of 99,426 shares, compared to its average volume of 159,488. 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 company has a market cap of $2.32 billion, a price-to-earnings ratio of 28.25, a PEG ratio of 3.95 and a beta of 0.82. Hawkins, Inc. has a 12-month low of $67.52 and a 12-month high of $139.55. The company has a fifty day moving average of $117.26 and a two-hundred day moving average of $121.49.

Hawkins (NASDAQ:HWKN - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share (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%. On average, equities research analysts expect that Hawkins, Inc. will post 4 EPS for the current fiscal year.

Hawkins Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.65%. The ex-dividend date is Friday, February 14th. Hawkins's payout ratio 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.