1 week Ago By ABMN Staff
LPL Financial LLC cut its holdings in shares of Hawkins, Inc. ( NASDAQ:HWKN – Free Report ) by 41.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).
The fund owned 3,497 shares of the specialty chemicals company’s stock after selling 2,463 shares during the period. LPL Financial LLC’s holdings in Hawkins were worth $429,000 at the end of the most recent quarter. A number of other large investors have also recently added to or reduced their stakes in HWKN.
Vaughan Nelson Investment Management L.P. lifted its position in shares of Hawkins by 487.
7% during the 4th 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 acquiring an additional 211,472 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Hawkins during the fourth quarter worth $13,087,000.
Principal Financial Group Inc. lifted its holdings in shares of Hawkins by 3.6% during the fourth quarter.
Principal Financial Group Inc. now owns 99,420 shares of the specialty chemicals company’s stock valued at $12,196,000 after purchasing an additional 3,436 shares during the last quarter. Nordea Investment Management AB boosted its position in shares of Hawkins by 4.
1% in the 4th quarter. Nordea Investment Management AB now owns 95,931 shares of the specialty chemicals company’s stock valued at $11,892,000 after purchasing an additional 3,814 shares during the period. Finally, Natixis Advisors LLC lifted its stake in Hawkins by 151.
2% during the fourth quarter. Natixis Advisors LLC now owns 49,179 shares of the specialty chemicals company’s stock valued at $6,032,000 after buying an additional 29,604 shares in the last quarter. 69.
71% of the stock is currently owned by institutional investors. Analyst Upgrades and Downgrades HWKN has been the topic of several analyst reports. BWS Financial raised shares of Hawkins from a “neutral” rating to a “buy” rating and set a $160.
00 target price on the stock in a research report on Monday, April 14th. CJS Securities assumed coverage on shares of Hawkins in a research report on Tuesday, April 1st. They set a “market outperform” rating and a $125.
00 price objective on the stock. Hawkins Stock Down 0.8 % NASDAQ:HWKN opened at $124.
50 on Friday. The business’s fifty day moving average price is $109.65 and its 200 day moving average price is $117.
60. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 31.
76, a PEG ratio of 3.80 and a beta of 0.82.
The company has a current ratio of 2.50, a quick ratio of 1.53 and a debt-to-equity ratio of 0.
23. 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 posted its quarterly earnings results on Wednesday, January 29th.
The specialty chemicals company reported $0.72 earnings per share for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.
05). Hawkins had a return on equity of 18.95% and a net margin of 8.
60%. On average, sell-side analysts forecast that Hawkins, Inc. will post 4 earnings per share for the current fiscal year.
Hawkins Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.18 per share.
The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.72 annualized dividend and a yield of 0.
58%. Hawkins’s payout ratio is 18.37%.
About Hawkins ( Free Report ) 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.
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