Hawkins, Inc. (NASDAQ:HWKN) Stock Position Lessened by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. decreased its position in Hawkins, Inc. (NASDAQ:HWKN) by 19.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,646 shares of the specialty chemicals company’s stock after selling 2,973 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Hawkins were worth $1,551,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of HWKN. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Hawkins by 487.7% in the fourth 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 buying an additional 211,472 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Hawkins in the fourth quarter valued at $13,087,000. FMR LLC lifted 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 valued at $32,663,000 after buying an additional 44,351 shares during the period. State Street Corp lifted its holdings in shares of Hawkins by 5.4% in the third quarter. State Street Corp now owns 755,995 shares of the specialty chemicals company’s stock valued at $96,367,000 after buying an additional 38,877 shares during the period. Finally, Jane Street Group LLC lifted its holdings in shares of Hawkins by 127.3% in the third quarter. Jane Street Group LLC now owns 47,432 shares of the specialty chemicals company’s stock valued at $6,046,000 after buying an additional 26,568 shares during the period. Institutional investors and hedge funds own 69.71% of the company’s stock.

Analyst Ratings Changes

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

Hawkins Trading Down 0.8 %

Shares of NASDAQ HWKN opened at $105.97 on Wednesday. Hawkins, Inc. has a 12 month low of $71.20 and a 12 month high of $139.55. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 27.03, a P/E/G ratio of 3.80 and a beta of 0.77. The company has a quick ratio of 1.53, a current ratio of 2.50 and a debt-to-equity ratio of 0.23. The business has a fifty day simple moving average of $109.97 and a 200-day simple moving average of $119.41.

Hawkins (NASDAQ:HWKN) last announced its earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.05). Hawkins had a net margin of 8.60% and a return on equity of 18.95%. Sell-side analysts predict that Hawkins, Inc. will post 4 EPS for the current year.

Hawkins Dividend Announcement

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