Hawkins (NASDAQ:HWKN) Stock Rating Lowered by StockNews.com

Hawkins (NASDAQ:HWKNGet Free Report) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

Separately, BWS Financial boosted their target price on shares of Hawkins from $62.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, November 3rd.

Read Our Latest Research Report on HWKN

Hawkins Trading Up 2.7 %

NASDAQ HWKN opened at $63.07 on Friday. Hawkins has a one year low of $38.05 and a one year high of $73.47. The company has a 50-day simple moving average of $66.62 and a 200-day simple moving average of $61.05. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.45. The firm has a market capitalization of $1.32 billion, a PE ratio of 18.12 and a beta of 0.74.

Institutional Trading of Hawkins

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Hawkins by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 1,473,661 shares of the specialty chemicals company’s stock worth $57,459,000 after buying an additional 16,574 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Hawkins by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,151,242 shares of the specialty chemicals company’s stock worth $50,401,000 after buying an additional 4,779 shares in the last quarter. State Street Corp raised its holdings in shares of Hawkins by 0.8% in the 3rd quarter. State Street Corp now owns 684,870 shares of the specialty chemicals company’s stock worth $26,703,000 after purchasing an additional 5,210 shares in the last quarter. Morgan Stanley raised its holdings in shares of Hawkins by 24.1% in the 3rd quarter. Morgan Stanley now owns 432,988 shares of the specialty chemicals company’s stock worth $25,481,000 after purchasing an additional 84,105 shares in the last quarter. Finally, First Trust Advisors LP bought a new stake in shares of Hawkins in the 1st quarter worth approximately $17,272,000. 61.29% of the stock is currently owned by institutional investors.

Hawkins Company Profile

(Get 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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