Caitlin John LLC Raises Stock Position in Hawkins, Inc. (NASDAQ:HWKN)

Caitlin John LLC boosted its holdings in Hawkins, Inc. (NASDAQ:HWKN) by 3.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 11,260 shares of the specialty chemicals company’s stock after buying an additional 330 shares during the quarter. Caitlin John LLC’s holdings in Hawkins were worth $1,381,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. AQR Capital Management LLC grew its position in Hawkins by 2.4% during the second quarter. AQR Capital Management LLC now owns 13,027 shares of the specialty chemicals company’s stock valued at $1,185,000 after acquiring an additional 311 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Hawkins by 4.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,277 shares of the specialty chemicals company’s stock valued at $935,000 after purchasing an additional 448 shares during the last quarter. Creative Planning lifted its stake in Hawkins by 7.3% in the second quarter. Creative Planning now owns 3,324 shares of the specialty chemicals company’s stock worth $302,000 after acquiring an additional 225 shares during the period. Cubist Systematic Strategies LLC boosted its stake in shares of Hawkins by 24.3% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 5,804 shares of the specialty chemicals company’s stock valued at $528,000 after purchasing an additional 1,136 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in Hawkins during the 3rd quarter valued at approximately $100,000. 69.71% of the stock is currently owned by institutional investors.

Hawkins Stock Down 2.5 %

NASDAQ:HWKN opened at $113.11 on Thursday. The firm has a 50-day simple moving average of $121.91 and a two-hundred day simple moving average of $121.26. The firm has a market cap of $2.37 billion, a P/E ratio of 28.85, a P/E/G ratio of 3.71 and a beta of 0.82. Hawkins, Inc. has a fifty-two week low of $58.49 and a fifty-two week high of $139.55. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 2.50.

Hawkins (NASDAQ:HWKN) last released its quarterly earnings data 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 18.95%. Analysts predict that Hawkins, Inc. will post 4.12 earnings per share for the current fiscal year.

Hawkins Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date of this dividend is Friday, February 14th. Hawkins’s dividend payout ratio (DPR) is presently 18.37%.

Analysts Set New Price Targets

Separately, BWS Financial reaffirmed a “neutral” rating and issued a $122.00 target price on shares of Hawkins in a research report on Friday, January 31st.

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.