Schroder Investment Management Group Cuts Stock Position in Hawkins, Inc. (NASDAQ:HWKN)

Schroder Investment Management Group lessened its stake in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 16.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,262 shares of the specialty chemicals company's stock after selling 10,436 shares during the quarter. Schroder Investment Management Group owned 0.25% of Hawkins worth $6,462,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC boosted its position in shares of Hawkins by 127.3% in the 3rd quarter. Jane Street Group LLC now owns 47,432 shares of the specialty chemicals company's stock worth $6,046,000 after buying an additional 26,568 shares in the last quarter. FMR LLC grew its position 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 valued at $32,663,000 after purchasing an additional 44,351 shares during the last quarter. Barclays PLC increased its stake in shares of Hawkins by 180.1% during the 3rd quarter. Barclays PLC now owns 39,728 shares of the specialty chemicals company's stock worth $5,064,000 after purchasing an additional 25,545 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of Hawkins by 3.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 10,868 shares of the specialty chemicals company's stock worth $1,385,000 after purchasing an additional 378 shares in the last quarter. Finally, State Street Corp raised 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 worth $96,367,000 after purchasing an additional 38,877 shares during the last quarter. Institutional investors and hedge funds own 69.71% of the company's stock.

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Analyst Ratings Changes

Several equities analysts have weighed in on HWKN shares. BWS Financial reissued a "neutral" rating and set a $122.00 price target on shares of Hawkins in a research report on Friday, January 31st. CJS Securities began coverage on 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 Trading Up 8.7 %

Shares of HWKN stock traded up $9.01 during mid-day trading on Wednesday, hitting $112.33. 141,209 shares of the company's stock were exchanged, compared to its average volume of 123,927. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 3.80 and a beta of 0.82. The stock has a 50-day simple moving average of $107.64 and a two-hundred day simple moving average of $117.90. Hawkins, Inc. has a fifty-two week low of $71.98 and a fifty-two week high of $139.55. The company has a quick ratio of 1.53, a current ratio of 2.50 and a debt-to-equity ratio of 0.23.

Hawkins (NASDAQ:HWKN - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The specialty chemicals company reported $0.72 EPS 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%. Equities analysts expect that Hawkins, Inc. will post 4 EPS for the current fiscal year.

Hawkins Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.18 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.64%. Hawkins's dividend payout ratio (DPR) is presently 18.37%.

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.