Campbell & CO Investment Adviser LLC boosted its position in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 42.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,193 shares of the specialty chemicals company's stock after buying an additional 8,923 shares during the period. Campbell & CO Investment Adviser LLC owned approximately 0.14% of Hawkins worth $2,126,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. AJOVista LLC bought a new stake in shares of Hawkins during the fourth quarter worth about $26,000. USA Financial Formulas bought a new stake in Hawkins in the 4th quarter worth about $77,000. Quest Partners LLC bought a new stake in Hawkins in the 4th quarter worth about $108,000. AXS Investments LLC bought a new stake in Hawkins in the 4th quarter worth about $179,000. Finally, First Interstate Bank bought a new stake in Hawkins in the 4th quarter worth about $211,000. Institutional investors and hedge funds own 69.71% of the company's stock.
Hawkins Stock Performance
Shares of HWKN stock traded down $3.20 during trading on Tuesday, reaching $85.00. 101,712 shares of the company's stock traded hands, compared to its average volume of 132,783. The company has a market capitalization of $1.78 billion, a P/E ratio of 23.68 and a beta of 0.78. The company has a current ratio of 1.96, a quick ratio of 1.24 and a debt-to-equity ratio of 0.22. The firm's 50-day moving average is $79.61 and its 200 day moving average is $71.89. Hawkins, Inc. has a 1 year low of $45.37 and a 1 year high of $89.82.
Hawkins Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 31st will be paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date of this dividend is Friday, May 31st. Hawkins's payout ratio is currently 17.83%.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the stock. BWS Financial upped their price objective on shares of Hawkins from $74.00 to $96.00 and gave the stock a "buy" rating in a research report on Friday, May 17th. StockNews.com downgraded shares of Hawkins from a "buy" rating to a "hold" rating in a research report on Friday, February 9th.
Read Our Latest Stock Report on HWKN
About Hawkins
(
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.
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