Tudor Investment Corp ET AL Purchases 26,970 Shares of Hawkins, Inc. (NASDAQ:HWKN)

Tudor Investment Corp ET AL lifted its position in shares of Hawkins, Inc. (NASDAQ:HWKN - Free Report) by 67.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 67,038 shares of the specialty chemicals company's stock after purchasing an additional 26,970 shares during the period. Tudor Investment Corp ET AL owned 0.32% of Hawkins worth $8,224,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wasatch Advisors LP bought a new position in Hawkins during the fourth quarter worth $42,466,000. Vaughan Nelson Investment Management L.P. boosted its stake in shares of Hawkins by 487.7% in the fourth 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. Raymond James Financial Inc. acquired a new stake in Hawkins during the fourth quarter worth approximately $13,087,000. Cerity Partners LLC increased its stake in Hawkins by 900.2% during the 4th quarter. Cerity Partners LLC now owns 82,576 shares of the specialty chemicals company's stock worth $10,166,000 after acquiring an additional 74,320 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in Hawkins by 61.9% in the 4th quarter. JPMorgan Chase & Co. now owns 149,616 shares of the specialty chemicals company's stock valued at $18,353,000 after acquiring an additional 57,179 shares in the last quarter. 69.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on HWKN shares. CJS Securities began coverage on Hawkins in a report on Tuesday, April 1st. They set a "market outperform" rating and a $125.00 target price on the stock. BWS Financial upgraded shares of Hawkins from a "neutral" rating to a "buy" rating and set a $160.00 price objective on the stock in a research note on Monday, April 14th.

Hawkins Price Performance

Shares of HWKN traded up $5.07 during mid-day trading on Friday, reaching $124.50. The company had a trading volume of 188,936 shares, compared to its average volume of 123,807. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of 31.76, a P/E/G 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. The company's 50 day simple moving average is $111.20 and its 200 day simple moving average is $117.32. Hawkins, Inc. has a 1-year low of $71.98 and a 1-year high of $139.55.

Hawkins (NASDAQ:HWKN - Get Free Report) last announced its earnings results 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 return on equity of 18.95% and a net margin of 8.60%. Analysts expect that Hawkins, Inc. will post 4 EPS for the current year.

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.