Hawkins, Inc. (NASDAQ:HWKN) Shares Sold by XTX Topco Ltd

XTX Topco Ltd cut its holdings in Hawkins, Inc. (NASDAQ:HWKN) by 36.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 3,284 shares of the specialty chemicals company’s stock after selling 1,866 shares during the period. XTX Topco Ltd’s holdings in Hawkins were worth $403,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Blue Trust Inc. increased its stake in Hawkins by 155.4% in the fourth 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 last quarter. Smartleaf Asset Management LLC increased its stake in shares of Hawkins by 262.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 442 shares of the specialty chemicals company’s stock valued at $55,000 after acquiring an additional 320 shares during the last quarter. KBC Group NV boosted its position in shares of Hawkins by 37.0% in the fourth quarter. KBC Group NV now owns 948 shares of the specialty chemicals company’s stock worth $116,000 after acquiring an additional 256 shares during the last quarter. Longboard Asset Management LP purchased a new stake in Hawkins in the fourth quarter valued at approximately $212,000. Finally, Cibc World Markets Corp purchased a new stake in Hawkins in the fourth quarter valued at approximately $222,000. Hedge funds and other institutional investors own 69.71% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on HWKN. BWS Financial upgraded shares of Hawkins from a “neutral” rating to a “buy” rating and set a $160.00 price target on the stock in a report on Monday, April 14th. CJS Securities started coverage on Hawkins in a research report on Tuesday, April 1st. They set a “market outperform” rating and a $125.00 price target for the company.

Hawkins Trading Up 2.4 %

Shares of HWKN stock opened at $122.86 on Wednesday. The company has a quick ratio of 1.53, a current ratio of 2.50 and a debt-to-equity ratio of 0.23. Hawkins, Inc. has a fifty-two week low of $71.98 and a fifty-two week high of $139.55. The firm’s 50 day moving average price is $108.85 and its two-hundred day moving average price is $117.62. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 31.34, a price-to-earnings-growth ratio of 3.80 and a beta of 0.82.

Hawkins (NASDAQ:HWKN) last issued its earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.05). Hawkins had a net margin of 8.60% and a return on equity of 18.95%. On average, analysts anticipate that Hawkins, Inc. will post 4 EPS for the current year.

Hawkins Dividend Announcement

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

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.