Hawkins, Inc. (NASDAQ:HWKN) Shares Sold by Teton Advisors Inc.

Teton Advisors Inc. lowered its position in shares of Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 39.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,400 shares of the specialty chemicals company's stock after selling 4,100 shares during the period. Teton Advisors Inc.'s holdings in Hawkins were worth $785,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Blue Trust Inc. increased its position in Hawkins by 155.4% during the 4th quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company's stock valued at $44,000 after purchasing an additional 216 shares during the period. Smartleaf Asset Management LLC increased its holdings in Hawkins by 262.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 442 shares of the specialty chemicals company's stock valued at $55,000 after buying an additional 320 shares during the period. TD Private Client Wealth LLC raised its stake in Hawkins by 242.5% in the third quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company's stock worth $59,000 after buying an additional 325 shares in the last quarter. KBC Group NV lifted its holdings in Hawkins by 37.0% during the fourth quarter. KBC Group NV now owns 948 shares of the specialty chemicals company's stock worth $116,000 after buying an additional 256 shares during the period. Finally, Defined Financial Planning LLC bought a new stake in Hawkins during the 4th quarter valued at $205,000. 69.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Hawkins Stock Up 0.3 %

HWKN traded up $0.41 during trading on Friday, hitting $121.63. The stock had a trading volume of 88,138 shares, compared to its average volume of 122,931. The stock has a 50 day simple moving average of $108.45 and a two-hundred day simple moving average of $117.66. The company has a market capitalization of $2.55 billion, a PE ratio of 31.03, a PEG ratio of 3.80 and a beta of 0.82. 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 twelve month low of $71.98 and a twelve month high of $139.55.

Hawkins (NASDAQ:HWKN - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The specialty chemicals company reported $0.72 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.05). Hawkins had a net margin of 8.60% and a return on equity of 18.95%. On average, research analysts predict that Hawkins, Inc. will post 4 earnings per share for the current year.

Hawkins Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend was Friday, February 14th. Hawkins's payout ratio is 18.37%.

About Hawkins

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.