Dimensional Fund Advisors LP Lowers Stock Position in Hawkins, Inc. (NASDAQ:HWKN)

Dimensional Fund Advisors LP reduced its stake in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 8.1% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 778,271 shares of the specialty chemicals company's stock after selling 69,045 shares during the quarter. Dimensional Fund Advisors LP owned 3.72% of Hawkins worth $95,473,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Blue Trust Inc. grew its position in shares of Hawkins by 155.4% during the 4th quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company's stock valued at $44,000 after acquiring an additional 216 shares during the period. NewEdge Advisors LLC purchased a new position in Hawkins in the fourth quarter valued at approximately $53,000. Smartleaf Asset Management LLC grew its holdings in Hawkins by 262.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 442 shares of the specialty chemicals company's stock valued at $55,000 after purchasing an additional 320 shares during the period. KBC Group NV increased its position in Hawkins by 37.0% in the fourth quarter. KBC Group NV now owns 948 shares of the specialty chemicals company's stock worth $116,000 after buying an additional 256 shares during the last quarter. Finally, Defined Financial Planning LLC bought a new stake in shares of Hawkins in the fourth quarter valued at $205,000. Hedge funds and other institutional investors own 69.71% of the company's stock.

Wall Street Analyst Weigh In

HWKN has been the subject of several recent research reports. BWS Financial raised Hawkins from a "neutral" rating to a "buy" rating and set a $160.00 price objective for the company in a report on Monday, April 14th. CJS Securities started coverage on shares of Hawkins in a research note on Tuesday, April 1st. They issued a "market outperform" rating and a $125.00 target price for the company.

Hawkins Stock Performance

Shares of NASDAQ:HWKN traded up $5.07 during trading on Friday, hitting $124.50. 188,936 shares of the company were exchanged, compared to its average volume of 124,004. Hawkins, Inc. has a 52-week low of $71.98 and a 52-week high of $139.55. The stock has a 50 day moving average of $111.20 and a 200 day moving average of $117.09. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.50 and a quick ratio of 1.53. The company has a market cap of $2.61 billion, a PE ratio of 31.76, a P/E/G ratio of 3.80 and a beta of 0.82.

Hawkins (NASDAQ:HWKN - Get Free Report) last issued its quarterly earnings data 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, equities research analysts predict that Hawkins, Inc. will post 4 EPS for the current year.

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.