Hawkins, Inc. (NASDAQ:HWKN) Shares Sold by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV reduced its holdings in Hawkins, Inc. (NASDAQ:HWKN) by 24.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,691 shares of the specialty chemicals company’s stock after selling 9,477 shares during the quarter. Nations Financial Group Inc. IA ADV owned 0.14% of Hawkins worth $3,642,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC increased its position in Hawkins by 8,633.3% in the 3rd quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company’s stock valued at $33,000 after acquiring an additional 259 shares during the period. Blue Trust Inc. increased its position in Hawkins by 155.4% in the 4th quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company’s stock valued at $44,000 after acquiring an additional 216 shares during the period. Farther Finance Advisors LLC increased its position in 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 increased its position in Hawkins by 242.5% in the 3rd quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company’s stock valued at $59,000 after acquiring an additional 325 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in Hawkins in the 3rd quarter valued at approximately $100,000. 69.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Hawkins Stock Down 2.0 %

Shares of HWKN stock opened at $110.39 on Friday. Hawkins, Inc. has a 1 year low of $66.90 and a 1 year high of $139.55. The stock has a market cap of $2.31 billion, a PE ratio of 28.16, a price-to-earnings-growth ratio of 3.96 and a beta of 0.82. The business’s fifty day moving average is $118.68 and its 200-day moving average is $121.46. 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 issued its quarterly earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share (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%. Equities analysts expect that Hawkins, Inc. will post 4.14 earnings per share for the current fiscal year.

Hawkins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.65%. The ex-dividend date of this dividend is Friday, February 14th. Hawkins’s dividend payout ratio (DPR) is presently 18.37%.

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.