Jump Financial LLC Purchases New Stake in Hawkins, Inc. (NASDAQ:HWKN)

Jump Financial LLC bought a new stake in shares of Hawkins, Inc. (NASDAQ:HWKNFree Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 15,413 shares of the specialty chemicals company’s stock, valued at approximately $907,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Illinois Municipal Retirement Fund bought a new stake in Hawkins during the 3rd quarter valued at approximately $638,000. Assenagon Asset Management S.A. grew its holdings in shares of Hawkins by 284.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 138,493 shares of the specialty chemicals company’s stock worth $8,150,000 after purchasing an additional 102,508 shares in the last quarter. Centerpoint Advisors LLC acquired a new stake in shares of Hawkins during the 3rd quarter worth approximately $29,000. Annex Advisory Services LLC grew its holdings in shares of Hawkins by 47.7% during the 3rd quarter. Annex Advisory Services LLC now owns 10,192 shares of the specialty chemicals company’s stock worth $600,000 after purchasing an additional 3,290 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its holdings in shares of Hawkins by 40.3% during the 3rd quarter. Teacher Retirement System of Texas now owns 24,701 shares of the specialty chemicals company’s stock worth $1,454,000 after purchasing an additional 7,093 shares in the last quarter. Institutional investors own 61.29% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, BWS Financial lifted their price objective on Hawkins from $62.00 to $74.00 and gave the stock a “buy” rating in a report on Friday, November 3rd.

Check Out Our Latest Stock Report on Hawkins

Hawkins Trading Down 0.3 %

Shares of HWKN opened at $59.08 on Wednesday. The stock has a fifty day moving average price of $66.64 and a two-hundred day moving average price of $60.87. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.45. Hawkins, Inc. has a 52-week low of $38.05 and a 52-week high of $73.47. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 16.98 and a beta of 0.74.

Hawkins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 1st. Shareholders of record on Friday, February 16th will be given a $0.16 dividend. The ex-dividend date is Thursday, February 15th. This represents a $0.64 annualized dividend and a yield of 1.08%. Hawkins’s payout ratio is 18.39%.

Hawkins Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Hawkins (NASDAQ:HWKN)

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