Anchor Capital Advisors LLC Grows Stock Holdings in Hawkins, Inc. (NASDAQ:HWKN)

Anchor Capital Advisors LLC increased its position in shares of Hawkins, Inc. (NASDAQ:HWKN) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,602 shares of the specialty chemicals company’s stock after purchasing an additional 214 shares during the period. Anchor Capital Advisors LLC owned 0.07% of Hawkins worth $1,791,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Creative Planning boosted its position in shares of Hawkins by 30.6% during the 3rd quarter. Creative Planning now owns 4,340 shares of the specialty chemicals company’s stock worth $553,000 after acquiring an additional 1,016 shares in the last quarter. DekaBank Deutsche Girozentrale increased its stake in Hawkins by 20.1% in the third quarter. DekaBank Deutsche Girozentrale now owns 2,618 shares of the specialty chemicals company’s stock valued at $327,000 after purchasing an additional 439 shares during the period. US Bancorp DE raised its stake in Hawkins by 3.1% during the 3rd quarter. US Bancorp DE now owns 50,132 shares of the specialty chemicals company’s stock valued at $6,390,000 after acquiring an additional 1,497 shares during the last quarter. Rice Hall James & Associates LLC purchased a new stake in shares of Hawkins during the third quarter worth approximately $4,016,000. Finally, Farther Finance Advisors LLC grew 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 buying an additional 347 shares during the last quarter. Hedge funds and other institutional investors own 69.71% of the company’s stock.

Hawkins Stock Performance

Shares of HWKN stock opened at $104.99 on Friday. 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 12-month low of $68.43 and a 12-month high of $139.55. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 26.78, a price-to-earnings-growth ratio of 3.80 and a beta of 0.82. The stock has a 50 day simple moving average of $114.43 and a 200-day simple moving average of $120.90.

Hawkins (NASDAQ:HWKN) last released its earnings results 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%. On average, equities analysts forecast that Hawkins, Inc. will post 4 EPS for the current year.

Hawkins Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date was Friday, February 14th. Hawkins’s dividend payout ratio is currently 18.37%.

Analyst Ratings Changes

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

Hawkins Company 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.