Jane Street Group LLC Has $2.57 Million Position in Hawkins, Inc. (NASDAQ:HWKN)

Jane Street Group LLC lessened its holdings in Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 55.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,969 shares of the specialty chemicals company's stock after selling 26,463 shares during the period. Jane Street Group LLC owned 0.10% of Hawkins worth $2,572,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Summit Investment Advisors Inc. increased its position in Hawkins by 5.1% during the fourth quarter. Summit Investment Advisors Inc. now owns 2,023 shares of the specialty chemicals company's stock worth $248,000 after purchasing an additional 99 shares during the last quarter. New York State Teachers Retirement System lifted its holdings in Hawkins by 0.7% during the 4th quarter. New York State Teachers Retirement System now owns 13,527 shares of the specialty chemicals company's stock worth $1,659,000 after buying an additional 100 shares during the last quarter. Mariner LLC increased its holdings in shares of Hawkins by 7.4% in the 4th quarter. Mariner LLC now owns 1,956 shares of the specialty chemicals company's stock valued at $240,000 after acquiring an additional 135 shares during the last quarter. Values First Advisors Inc. raised its position in shares of Hawkins by 1.4% during the 4th quarter. Values First Advisors Inc. now owns 12,056 shares of the specialty chemicals company's stock valued at $1,479,000 after acquiring an additional 170 shares in the last quarter. Finally, Ellsworth Advisors LLC boosted its holdings in Hawkins by 2.5% in the fourth quarter. Ellsworth Advisors LLC now owns 7,747 shares of the specialty chemicals company's stock worth $950,000 after purchasing an additional 187 shares during the period. Hedge funds and other institutional investors own 69.71% of the company's stock.

Hawkins Price Performance

Shares of NASDAQ:HWKN traded down $1.43 during trading hours on Tuesday, hitting $124.39. 4,336 shares of the company's stock traded hands, compared to its average volume of 124,329. The company's fifty day simple moving average is $114.77 and its two-hundred day simple moving average is $117.27. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 31.73, a price-to-earnings-growth ratio of 3.80 and a beta of 0.87. 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.

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, topping 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. As a group, equities analysts anticipate that Hawkins, Inc. will post 4 EPS for the current fiscal year.

Hawkins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend is Friday, May 30th. Hawkins's dividend payout ratio (DPR) is presently 17.82%.

Analyst Ratings Changes

HWKN has been the topic of several analyst reports. CJS Securities initiated coverage on Hawkins in a research report on Tuesday, April 1st. They issued a "market outperform" rating and a $125.00 target price on the stock. BWS Financial reissued a "buy" rating and set a $160.00 target price on shares of Hawkins in a research note on Thursday, May 15th.

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.