Hawkins, Inc. (NASDAQ:HWKN) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC boosted its holdings in shares of Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 12,653.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,244 shares of the specialty chemicals company's stock after acquiring an additional 55,803 shares during the quarter. GAMMA Investing LLC owned 0.27% of Hawkins worth $59,570,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of HWKN. Barclays PLC boosted its stake in shares of Hawkins by 180.1% during the third 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 during the period. Tudor Investment Corp ET AL lifted its holdings in Hawkins by 67.3% during the 4th quarter. Tudor Investment Corp ET AL now owns 67,038 shares of the specialty chemicals company's stock valued at $8,224,000 after buying an additional 26,970 shares in the last quarter. Vaughan Nelson Investment Management L.P. lifted its holdings in Hawkins by 487.7% during 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 in the last quarter. Proficio Capital Partners LLC purchased a new stake in Hawkins in the 4th quarter valued at about $2,984,000. Finally, Cynosure Group LLC bought a new position in Hawkins in the 4th quarter worth about $299,000. Hedge funds and other institutional investors own 69.71% of the company's stock.

Wall Street Analyst Weigh In

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

Hawkins Stock Up 1.4%

Shares of NASDAQ:HWKN traded up $1.81 during trading hours on Thursday, hitting $135.45. The company's stock had a trading volume of 86,210 shares, compared to its average volume of 125,110. The firm's fifty day moving average price is $120.63 and its 200 day moving average price is $118.15. Hawkins, Inc. has a 52 week low of $83.88 and a 52 week high of $139.55. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 34.55, a P/E/G ratio of 3.80 and a beta of 0.85. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.50 and a quick ratio of 1.53.

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

Hawkins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be paid 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 (DPR) is presently 17.82%.

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.