Linden Thomas Advisory Services LLC Purchases 1,756 Shares of Hawkins, Inc. (NASDAQ:HWKN)

Linden Thomas Advisory Services LLC lifted its position in Hawkins, Inc. (NASDAQ:HWKN) by 16.0% in the fourth quarter, Holdings Channel reports. The firm owned 12,729 shares of the specialty chemicals company’s stock after buying an additional 1,756 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Hawkins were worth $1,561,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of HWKN. Larson Financial Group LLC lifted its holdings 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 worth $33,000 after buying an additional 259 shares during the period. GAMMA Investing LLC increased its position in shares of Hawkins by 71.8% in the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty chemicals company’s stock valued at $51,000 after acquiring an additional 168 shares during the period. Farther Finance Advisors LLC increased its position in shares of Hawkins by 289.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 467 shares of the specialty chemicals company’s stock valued at $59,000 after acquiring an additional 347 shares during the period. TD Private Client Wealth LLC grew its position in Hawkins by 242.5% during the 3rd quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company’s stock worth $59,000 after purchasing an additional 325 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in Hawkins during the 3rd quarter worth about $100,000. Hedge funds and other institutional investors own 69.71% of the company’s stock.

Analyst Ratings Changes

Separately, BWS Financial reissued a “neutral” rating and set a $122.00 target price on shares of Hawkins in a research note on Thursday, October 31st.

Hawkins Stock Down 2.2 %

Shares of NASDAQ HWKN opened at $115.68 on Friday. The company has a 50 day simple moving average of $124.75 and a 200-day simple moving average of $120.66. The company has a market capitalization of $2.42 billion, a P/E ratio of 29.59, a P/E/G ratio of 4.09 and a beta of 0.84. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.27 and a quick ratio of 1.39. Hawkins, Inc. has a 1 year low of $54.44 and a 1 year high of $139.55.

Hawkins (NASDAQ:HWKN) last posted its earnings results on Wednesday, October 30th. The specialty chemicals company reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.02). Hawkins had a net margin of 8.74% and a return on equity of 19.64%. The company had revenue of $247.03 million during the quarter, compared to analyst estimates of $259.59 million. On average, equities research analysts predict that Hawkins, Inc. will post 4.12 earnings per share for the current year.

Hawkins Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were given a dividend of $0.18 per share. The ex-dividend date was Friday, November 15th. This represents a $0.72 annualized dividend and a dividend yield of 0.62%. Hawkins’s dividend payout ratio (DPR) is currently 18.41%.

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.