GSA Capital Partners LLP Reduces Stock Holdings in Hawkins, Inc. (NASDAQ:HWKN)

GSA Capital Partners LLP decreased its holdings in Hawkins, Inc. (NASDAQ:HWKN) by 88.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,707 shares of the specialty chemicals company’s stock after selling 20,511 shares during the quarter. GSA Capital Partners LLP’s holdings in Hawkins were worth $345,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Westwood Holdings Group Inc. lifted its position in Hawkins by 11.5% during the second quarter. Westwood Holdings Group Inc. now owns 457,342 shares of the specialty chemicals company’s stock valued at $41,618,000 after buying an additional 47,129 shares during the period. American Century Companies Inc. lifted its position in Hawkins by 22.4% during the second quarter. American Century Companies Inc. now owns 360,714 shares of the specialty chemicals company’s stock valued at $32,825,000 after buying an additional 66,109 shares during the period. Bank of New York Mellon Corp lifted its position in Hawkins by 2.4% during the second quarter. Bank of New York Mellon Corp now owns 191,433 shares of the specialty chemicals company’s stock valued at $17,420,000 after buying an additional 4,398 shares during the period. Renaissance Technologies LLC lifted its position in Hawkins by 8.8% during the second quarter. Renaissance Technologies LLC now owns 121,198 shares of the specialty chemicals company’s stock valued at $11,029,000 after buying an additional 9,800 shares during the period. Finally, King Luther Capital Management Corp lifted its position in Hawkins by 3.4% during the second quarter. King Luther Capital Management Corp now owns 94,071 shares of the specialty chemicals company’s stock valued at $8,560,000 after buying an additional 3,093 shares during the period. Hedge funds and other institutional investors own 69.71% of the company’s stock.

Analyst Ratings Changes

Separately, BWS Financial restated a “neutral” rating and set a $122.00 price target on shares of Hawkins in a report on Thursday, October 31st.

Hawkins Stock Up 1.6 %

HWKN stock opened at $130.03 on Friday. Hawkins, Inc. has a twelve month low of $54.44 and a twelve month high of $135.61. The company has a quick ratio of 1.39, a current ratio of 2.27 and a debt-to-equity ratio of 0.21. The stock has a market cap of $2.72 billion, a P/E ratio of 33.26, a PEG ratio of 4.38 and a beta of 0.77. The business’s 50-day moving average price is $123.19 and its 200-day moving average price is $108.60.

Hawkins (NASDAQ:HWKN) last posted its quarterly earnings data on Wednesday, October 30th. The specialty chemicals company reported $1.16 earnings per share for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.02). Hawkins had a net margin of 8.74% and a return on equity of 19.64%. The company had revenue of $247.03 million for the quarter, compared to analysts’ expectations of $259.59 million. On average, equities research analysts forecast that Hawkins, Inc. will post 4.12 EPS for the current year.

Hawkins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.72 annualized dividend and a dividend yield of 0.55%. Hawkins’s dividend payout ratio (DPR) is 18.41%.

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.