Schroder Investment Management Group Has $6.46 Million Position in Hawkins, Inc. (NASDAQ:HWKN)

Schroder Investment Management Group trimmed its holdings in Hawkins, Inc. (NASDAQ:HWKN) by 16.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 52,262 shares of the specialty chemicals company’s stock after selling 10,436 shares during the quarter. Schroder Investment Management Group’s holdings in Hawkins were worth $6,462,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Blue Trust Inc. lifted 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 in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Hawkins by 262.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 442 shares of the specialty chemicals company’s stock valued at $55,000 after purchasing an additional 320 shares in the last quarter. TD Private Client Wealth LLC boosted its position in shares of Hawkins by 242.5% during the third quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company’s stock valued at $59,000 after buying an additional 325 shares during the last quarter. KBC Group NV grew its holdings in Hawkins by 37.0% during the fourth quarter. KBC Group NV now owns 948 shares of the specialty chemicals company’s stock worth $116,000 after buying an additional 256 shares in the last quarter. Finally, Longboard Asset Management LP purchased a new stake in Hawkins in the 4th quarter valued at $212,000. 69.71% of the stock is currently owned by institutional investors and hedge funds.

Hawkins Stock Down 0.4 %

HWKN stock opened at $107.09 on Friday. The stock has a market cap of $2.24 billion, a P/E ratio of 27.32, a P/E/G ratio of 3.80 and a beta of 0.82. 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 stock’s fifty day simple moving average is $108.07 and its two-hundred day simple moving average is $118.38. Hawkins, Inc. has a 1-year low of $71.98 and a 1-year high of $139.55.

Hawkins (NASDAQ:HWKN) last issued its quarterly earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.05). Hawkins had a return on equity of 18.95% and a net margin of 8.60%. Analysts expect that Hawkins, Inc. will post 4 EPS for the current year.

Hawkins Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.72 annualized dividend and a dividend yield of 0.67%. Hawkins’s payout ratio is currently 18.37%.

Analyst Ratings Changes

A number of equities analysts have issued reports on HWKN shares. BWS Financial reiterated a “neutral” rating and issued a $122.00 target price on shares of Hawkins in a research note on Friday, January 31st. CJS Securities assumed coverage on shares of Hawkins in a research report on Tuesday. They issued a “market outperform” rating and a $125.00 price objective for the company.

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.