4,687 Shares in Hawkins, Inc. (NASDAQ:HWKN) Bought by Aviva PLC

Aviva PLC bought a new stake in shares of Hawkins, Inc. (NASDAQ:HWKN - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,687 shares of the specialty chemicals company's stock, valued at approximately $575,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Blue Trust Inc. increased its position in 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. Smartleaf Asset Management LLC raised its position in shares of Hawkins by 262.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 442 shares of the specialty chemicals company's stock valued at $55,000 after buying an additional 320 shares in the last quarter. TD Private Client Wealth LLC grew its position in 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 acquiring an additional 325 shares in the last quarter. KBC Group NV increased its stake in Hawkins by 37.0% during the fourth quarter. KBC Group NV now owns 948 shares of the specialty chemicals company's stock worth $116,000 after acquiring an additional 256 shares during the last quarter. Finally, Longboard Asset Management LP purchased a new stake in Hawkins during the fourth quarter valued at approximately $212,000. 69.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on HWKN shares. BWS Financial raised Hawkins from a "neutral" rating to a "buy" rating and set a $160.00 target price on the stock in a research report on Monday. CJS Securities initiated coverage on Hawkins in a report on Tuesday, April 1st. They issued a "market outperform" rating and a $125.00 price target on the stock.

Hawkins Trading Up 0.2 %

HWKN stock traded up $0.27 during trading on Wednesday, hitting $122.02. The company had a trading volume of 40,611 shares, compared to its average volume of 123,595. Hawkins, Inc. has a 52-week low of $71.98 and a 52-week high of $139.55. The company has a 50 day simple moving average of $107.92 and a 200-day simple moving average of $117.78. The firm has a market capitalization of $2.55 billion, a P/E ratio of 31.13, a PEG ratio of 3.80 and a beta of 0.82. 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 issued its earnings results 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 return on equity of 18.95% and a net margin of 8.60%. As a group, research analysts forecast that Hawkins, Inc. will post 4 earnings per share for the current fiscal year.

Hawkins Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend was Friday, February 14th. Hawkins's dividend payout ratio is 18.37%.

About Hawkins

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.