Hawkins (NASDAQ:HWKN) Receives Neutral Rating from BWS Financial

BWS Financial restated their neutral rating on shares of Hawkins (NASDAQ:HWKN) in a report issued on Friday,Benzinga reports. They currently have a $122.00 target price on the specialty chemicals company’s stock.

Hawkins Price Performance

Shares of NASDAQ:HWKN opened at $106.91 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.39 and a current ratio of 2.27. The company has a market capitalization of $2.24 billion, a PE ratio of 27.27, a price-to-earnings-growth ratio of 4.03 and a beta of 0.84. The stock has a fifty day moving average of $123.20 and a 200-day moving average of $120.99. Hawkins has a one year low of $54.44 and a one year high of $139.55.

Hawkins (NASDAQ:HWKN) 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 net margin of 8.60% and a return on equity of 19.33%. As a group, equities analysts anticipate that Hawkins will post 4.12 EPS for the current fiscal year.

Hawkins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a $0.18 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.72 annualized dividend and a dividend yield of 0.67%. Hawkins’s dividend payout ratio (DPR) is presently 18.37%.

Institutional Trading of Hawkins

Large investors have recently added to or reduced their stakes in the company. Larson Financial Group LLC raised its position in Hawkins by 8,633.3% during the third quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company’s stock valued at $33,000 after buying an additional 259 shares during the period. Blue Trust Inc. increased its holdings in shares of Hawkins by 155.4% in 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. GAMMA Investing LLC lifted its position in shares of Hawkins by 71.8% in the third quarter. GAMMA Investing LLC now owns 402 shares of the specialty chemicals company’s stock worth $51,000 after purchasing an additional 168 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Hawkins by 289.2% during the third quarter. Farther Finance Advisors LLC now owns 467 shares of the specialty chemicals company’s stock worth $59,000 after purchasing an additional 347 shares during the period. Finally, TD Private Client Wealth LLC grew its position in Hawkins by 242.5% during the third quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company’s stock valued at $59,000 after purchasing an additional 325 shares in the last quarter. 69.71% of the stock is owned by institutional investors and hedge funds.

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.