Morgan Dempsey Capital Management LLC decreased its stake in Hawkins, Inc. (NASDAQ:HWKN) by 5.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,326 shares of the specialty chemicals company’s stock after selling 621 shares during the quarter. Morgan Dempsey Capital Management LLC’s holdings in Hawkins were worth $448,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Martingale Asset Management L P boosted its holdings in shares of Hawkins by 39.3% in the 1st quarter. Martingale Asset Management L P now owns 72,030 shares of the specialty chemicals company’s stock worth $2,653,000 after purchasing an additional 20,312 shares during the period. GW&K Investment Management LLC bought a new stake in shares of Hawkins during the 2nd quarter worth approximately $4,968,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Hawkins during the 1st quarter worth approximately $94,000. Dimensional Fund Advisors LP lifted its stake in shares of Hawkins by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 611,702 shares of the specialty chemicals company’s stock worth $25,049,000 after acquiring an additional 3,624 shares during the last quarter. Finally, THB Asset Management lifted its stake in shares of Hawkins by 12.7% during the 1st quarter. THB Asset Management now owns 110,663 shares of the specialty chemicals company’s stock worth $4,075,000 after acquiring an additional 12,430 shares during the last quarter. Hedge funds and other institutional investors own 59.44% of the company’s stock.
Shares of HWKN stock traded up $0.92 on Thursday, reaching $44.86. 63 shares of the company’s stock were exchanged, compared to its average volume of 41,992. Hawkins, Inc. has a 52 week low of $32.01 and a 52 week high of $47.94. The company has a current ratio of 2.48, a quick ratio of 1.43 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $468.20 million, a PE ratio of 18.68 and a beta of 0.92. The company’s fifty day simple moving average is $44.33 and its 200 day simple moving average is $40.45.
Hawkins (NASDAQ:HWKN) last issued its quarterly earnings results on Wednesday, July 31st. The specialty chemicals company reported $0.92 earnings per share (EPS) for the quarter. Hawkins had a return on equity of 11.46% and a net margin of 4.53%. The firm had revenue of $147.34 million during the quarter.
The firm also recently declared a Semi-Annual dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 16th will be paid a dividend of $0.23 per share. The ex-dividend date is Thursday, August 15th.
HWKN has been the subject of a number of research analyst reports. TheStreet raised Hawkins from a “c+” rating to a “b-” rating in a research note on Friday, July 5th. BidaskClub raised Hawkins from a “hold” rating to a “buy” rating in a research note on Friday, August 2nd.
Hawkins Company Profile
Hawkins, Inc blends, manufactures, and distributes chemicals and other specialty ingredients in the United States and internationaly. It operates in three segments: Industrial, Water Treatment, and Health and Nutrition. It provides industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.
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