2,235 Shares in Hawkins, Inc. (NASDAQ:HWKN) Acquired by Contravisory Investment Management Inc.

Contravisory Investment Management Inc. purchased a new position in shares of Hawkins, Inc. (NASDAQ:HWKN - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,235 shares of the specialty chemicals company's stock, valued at approximately $237,000.

Other large investors also recently bought and sold shares of the company. Wasatch Advisors LP purchased a new stake in shares of Hawkins in the fourth quarter valued at about $42,466,000. Vaughan Nelson Investment Management L.P. grew its stake in shares of Hawkins by 487.7% in the 4th 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. Northern Trust Corp grew its stake in shares of Hawkins by 16.1% in the 4th quarter. Northern Trust Corp now owns 235,096 shares of the specialty chemicals company's stock valued at $28,839,000 after buying an additional 32,670 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Hawkins by 61.9% during the 4th quarter. JPMorgan Chase & Co. now owns 149,616 shares of the specialty chemicals company's stock worth $18,353,000 after buying an additional 57,179 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Hawkins during the 4th quarter worth approximately $13,087,000. Hedge funds and other institutional investors own 69.71% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on HWKN shares. Wall Street Zen lowered Hawkins from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. BWS Financial reaffirmed a "buy" rating and issued a $160.00 price target on shares of Hawkins in a research note on Thursday, May 15th. Finally, CJS Securities assumed coverage on Hawkins in a report on Tuesday, April 1st. They set a "market outperform" rating and a $125.00 price target for the company.

Hawkins Trading Down 0.1%

Shares of Hawkins stock traded down $0.12 on Friday, reaching $135.33. The company had a trading volume of 138,922 shares, compared to its average volume of 125,404. The firm's 50 day moving average price is $121.22 and its two-hundred day moving average price is $118.23. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 2.50. Hawkins, Inc. has a 52-week low of $83.88 and a 52-week high of $139.55. The firm has a market cap of $2.81 billion, a PE ratio of 34.52, a PEG ratio of 3.80 and a beta of 0.85.

Hawkins (NASDAQ:HWKN - Get Free Report) last announced its earnings results on Wednesday, May 14th. The specialty chemicals company reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.74 by $0.04. Hawkins had a return on equity of 18.95% and a net margin of 8.60%. The company had revenue of $245.32 million for the quarter, compared to analyst estimates of $230.69 million. Sell-side analysts predict that Hawkins, Inc. will post 4 earnings per share for the current fiscal year.

Hawkins Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date of this dividend is Friday, May 30th. Hawkins's dividend payout ratio is currently 17.82%.

Hawkins 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.