1 week Ago By Defense World Staff
Geode Capital Management LLC trimmed its holdings in shares of Hawkins, Inc. (NASDAQ:HWKN – Free Report) by 12.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC.
The institutional investor owned 456,954 shares of the specialty chemicals company’s stock after selling 66,560 shares during the period. Geode Capital Management LLC owned about 2.18% of Hawkins worth $56,067,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the business. Vaughan Nelson Investment Management L.P.
boosted its stake 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 worth $31,260,000 after acquiring an additional 211,472 shares in the last quarter. Raymond James Financial Inc.
purchased a new stake in shares of Hawkins during the fourth quarter valued at $13,087,000. JPMorgan Chase & Co. boosted its position in shares of 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 purchasing an additional 57,179 shares during the period.
Segall Bryant & Hamill LLC purchased a new position in Hawkins in the 4th quarter worth about $5,850,000. Finally, State Street Corp raised its holdings in Hawkins by 5.4% during the 3rd quarter.
State Street Corp now owns 755,995 shares of the specialty chemicals company’s stock worth $96,367,000 after buying an additional 38,877 shares during the period. Institutional investors and hedge funds own 69.71% of the company’s stock.
Hawkins Trading Up 3.9 %Shares of NASDAQ HWKN opened at $114.78 on Monday.
The firm has a market capitalization of $2.40 billion, a PE ratio of 29.28, a PEG ratio of 3.
80 and a beta of 0.82. Hawkins, Inc.
has a one year low of $71.98 and a one year high of $139.55.
The company has a current ratio of 2.50, a quick ratio of 1.53 and a debt-to-equity ratio of 0.
23. The business has a 50-day moving average price of $107.57 and a two-hundred day moving average price of $117.
76. 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 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%.
As a group, analysts predict that Hawkins, Inc. will post 4 earnings per share for the current fiscal year. Hawkins Dividend AnnouncementThe business also recently declared 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 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date of this dividend was Friday, February 14th.
Hawkins’s dividend payout ratio (DPR) is presently 18.37%. Analyst Upgrades and DowngradesSeveral research firms have recently weighed in on HWKN.
CJS Securities assumed coverage on shares of Hawkins in a research report on Tuesday, April 1st. They issued a “market outperform” rating and a $125.00 target price on the stock.
BWS Financial reiterated a “neutral” rating and set a $122.00 price objective on shares of Hawkins in a research report on Friday, January 31st.View Our Latest Stock Report on HawkinsHawkins Company Profile (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.Read MoreFive stocks we like better than HawkinsBusiness Services Stocks InvestingIs McDonald’s Stock Serving a Value Meal to Investors? 5 discounted opportunities for dividend growth investorsWalgreens Comeback? Private Equity Circling for a BuyoutWhat to Know About Investing in Penny StocksCoca-Cola Stock Looks Refreshing After the Relief Rally Want to see what other hedge funds are holding HWKN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Hawkins, Inc. (NASDAQ:HWKN – Free Report)..
