OLD Mission Capital LLC Makes New $837,000 Investment in Hawkins, Inc. (NASDAQ:HWKN)

OLD Mission Capital LLC acquired a new stake in shares of Hawkins, Inc. (NASDAQ:HWKN - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 6,820 shares of the specialty chemicals company's stock, valued at approximately $837,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Jane Street Group LLC increased its holdings in Hawkins by 127.3% in 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 acquiring an additional 26,568 shares during the last quarter. FMR LLC increased its holdings in shares of Hawkins by 20.9% in the third quarter. FMR LLC now owns 256,245 shares of the specialty chemicals company's stock worth $32,663,000 after purchasing an additional 44,351 shares during the last quarter. Barclays PLC lifted its position in shares of Hawkins by 180.1% in the third quarter. Barclays PLC now owns 39,728 shares of the specialty chemicals company's stock worth $5,064,000 after buying an additional 25,545 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Hawkins by 3.6% during the third quarter. BNP Paribas Financial Markets now owns 10,868 shares of the specialty chemicals company's stock valued at $1,385,000 after buying an additional 378 shares during the last quarter. Finally, State Street Corp increased its stake in Hawkins by 5.4% in the 3rd quarter. State Street Corp now owns 755,995 shares of the specialty chemicals company's stock worth $96,367,000 after acquiring an additional 38,877 shares during the last quarter. Institutional investors own 69.71% of the company's stock.

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Hawkins Trading Down 5.1 %

Shares of Hawkins stock traded down $5.72 on Thursday, reaching $106.61. The company had a trading volume of 18,221 shares, compared to its average volume of 123,513. The firm has a market cap of $2.23 billion, a price-to-earnings ratio of 27.29, a P/E/G ratio of 3.80 and a beta of 0.82. The firm's 50-day moving average price is $107.64 and its two-hundred day moving average price is $117.90. Hawkins, Inc. has a 1 year low of $71.98 and a 1 year high of $139.55. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.50 and a quick ratio of 1.53.

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%. As a group, research analysts predict that Hawkins, Inc. will post 4 earnings per share for the current fiscal year.

Hawkins Dividend Announcement

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

Analyst Ratings Changes

HWKN has been the subject of a number of research reports. BWS Financial reiterated a "neutral" rating and set a $122.00 target price on shares of Hawkins in a research report on Friday, January 31st. CJS Securities began coverage on shares of Hawkins in a research report on Tuesday, April 1st. They set a "market outperform" rating and a $125.00 price objective for the company.

Hawkins Company 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.