Hawkins, Inc. (NASDAQ:HWKN) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 88.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,377 shares of the specialty chemicals company's stock after acquiring an additional 6,280 shares during the quarter. Envestnet Asset Management Inc. owned about 0.06% of Hawkins worth $1,641,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Barclays PLC increased its holdings in shares of Hawkins by 180.1% in the 3rd quarter. Barclays PLC now owns 39,728 shares of the specialty chemicals company's stock valued at $5,064,000 after purchasing an additional 25,545 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its holdings in 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 in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Hawkins during the 4th quarter valued at approximately $2,984,000. Cynosure Group LLC purchased a new stake in shares of Hawkins during the 4th quarter worth approximately $299,000. Finally, Tealwood Asset Management Inc. acquired a new stake in shares of Hawkins in the 4th quarter worth approximately $830,000. Institutional investors and hedge funds own 69.71% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on the company. CJS Securities started coverage on Hawkins in a research report on Tuesday, April 1st. They set a "market outperform" rating and a $125.00 target price on the stock. BWS Financial upgraded shares of Hawkins from a "neutral" rating to a "buy" rating and set a $160.00 price objective on the stock in a research report on Monday, April 14th.

Hawkins Price Performance

Shares of Hawkins stock 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 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. The firm has a 50 day moving average price of $111.20 and a 200 day moving average price of $117.20. The stock has a market capitalization of $2.61 billion, a price-to-earnings 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 released its quarterly earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share 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%. On average, equities analysts expect that Hawkins, Inc. will post 4 earnings per share for the current fiscal year.

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.