Schonfeld Strategic Advisors LLC Takes $609,000 Position in Hawkins, Inc. (NASDAQ:HWKN)

Schonfeld Strategic Advisors LLC purchased a new stake in shares of Hawkins, Inc. (NASDAQ:HWKN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,968 shares of the specialty chemicals company's stock, valued at approximately $609,000.

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

Hawkins Stock Down 1.6%

Shares of HWKN traded down $1.92 during mid-day trading on Monday, reaching $117.68. The company's stock had a trading volume of 121,059 shares, compared to its average volume of 124,556. 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, Inc. has a 12-month low of $71.98 and a 12-month high of $139.55. The company's 50 day moving average is $113.05 and its 200 day moving average is $116.98. The stock has a market cap of $2.46 billion, a PE ratio of 30.02, a price-to-earnings-growth ratio of 3.80 and a beta of 0.87.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. CJS Securities started coverage on Hawkins in a research note on Tuesday, April 1st. They issued a "market outperform" rating and a $125.00 price objective for the company. BWS Financial raised Hawkins from a "neutral" rating to a "buy" rating and set a $160.00 price objective for the company in a research report on Monday, April 14th.

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.