Yousif Capital Management LLC Sells 183 Shares of Hawkins, Inc. (NASDAQ:HWKN)

Yousif Capital Management LLC lessened its stake in shares of Hawkins, Inc. (NASDAQ:HWKN) by 2.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,223 shares of the specialty chemicals company’s stock after selling 183 shares during the period. Yousif Capital Management LLC’s holdings in Hawkins were worth $886,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Longboard Asset Management LP bought a new position in Hawkins during the 4th quarter worth $212,000. SkyOak Wealth LLC bought a new position in shares of Hawkins in the 4th quarter valued at $280,000. KBC Group NV increased its stake in shares of Hawkins by 37.0% in the 4th quarter. KBC Group NV now owns 948 shares of the specialty chemicals company’s stock valued at $116,000 after purchasing an additional 256 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Hawkins by 168.3% in the 4th quarter. Blue Trust Inc. now owns 373 shares of the specialty chemicals company’s stock valued at $48,000 after purchasing an additional 234 shares during the last quarter. Finally, Linden Thomas Advisory Services LLC boosted its holdings in shares of Hawkins by 16.0% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 12,729 shares of the specialty chemicals company’s stock valued at $1,561,000 after acquiring an additional 1,756 shares in the last quarter. Institutional investors own 69.71% of the company’s stock.

Wall Street Analyst Weigh In

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

Hawkins Stock Down 2.0 %

Shares of HWKN opened at $110.39 on Friday. The company has a market capitalization of $2.31 billion, a PE ratio of 28.16, a PEG ratio of 3.96 and a beta of 0.82. Hawkins, Inc. has a 12 month low of $66.90 and a 12 month high of $139.55. The stock’s 50-day moving average price is $118.68 and its two-hundred day moving average price is $121.46. 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 (NASDAQ:HWKN) last announced its earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.05). Hawkins had a return on equity of 18.95% and a net margin of 8.60%. On average, analysts anticipate that Hawkins, Inc. will post 4.14 EPS for the current year.

Hawkins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date of this dividend is Friday, February 14th. Hawkins’s dividend payout ratio is 18.37%.

Hawkins 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.