Farther Finance Advisors LLC Sells 159 Shares of Hawkins, Inc. (NASDAQ:HWKN)

Farther Finance Advisors LLC reduced its position in shares of Hawkins, Inc. (NASDAQ:HWKN) by 34.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 308 shares of the specialty chemicals company’s stock after selling 159 shares during the period. Farther Finance Advisors LLC’s holdings in Hawkins were worth $38,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its holdings in Hawkins by 8,633.3% during the 3rd quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company’s stock valued at $33,000 after purchasing an additional 259 shares during the last quarter. Blue Trust Inc. lifted its holdings in Hawkins by 155.4% during the 4th quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company’s stock valued at $44,000 after purchasing an additional 216 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Hawkins by 262.3% during the 4th 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 during the last quarter. TD Private Client Wealth LLC lifted its holdings in Hawkins by 242.5% during the 3rd quarter. TD Private Client Wealth LLC now owns 459 shares of the specialty chemicals company’s stock valued at $59,000 after purchasing an additional 325 shares during the last quarter. Finally, KBC Group NV lifted its holdings in Hawkins by 37.0% during 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. 69.71% of the stock is owned by institutional investors.

Hawkins Trading Up 0.7 %

Shares of NASDAQ HWKN opened at $105.77 on Monday. Hawkins, Inc. has a 1-year low of $71.98 and a 1-year high of $139.55. The company has a market cap of $2.21 billion, a PE ratio of 26.98, a P/E/G ratio of 3.80 and a beta of 0.77. 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 company has a 50-day moving average of $109.41 and a two-hundred day moving average of $119.03.

Hawkins (NASDAQ:HWKN) last announced its 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%. As a group, equities analysts expect that Hawkins, Inc. will post 4 earnings per share for the current fiscal year.

Hawkins Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend was Friday, February 14th. Hawkins’s dividend payout ratio is 18.37%.

Wall Street Analysts Forecast Growth

Separately, BWS Financial reaffirmed a “neutral” rating and issued a $122.00 target price on shares of Hawkins in a research note on Friday, January 31st.

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.