Teton Advisors Inc. Has $4.46 Million Stake in Hawkins, Inc. (NASDAQ:HWKN)

Teton Advisors Inc. reduced its holdings in Hawkins, Inc. (NASDAQ:HWKN) by 9.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,280 shares of the specialty chemicals company’s stock after selling 6,300 shares during the quarter. Hawkins makes up approximately 1.5% of Teton Advisors Inc.’s holdings, making the stock its 15th largest holding. Teton Advisors Inc. owned about 0.30% of Hawkins worth $4,456,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. AJOVista LLC bought a new position in Hawkins in the 4th quarter valued at $26,000. Centerpoint Advisors LLC acquired a new stake in shares of Hawkins in the third quarter valued at $29,000. USA Financial Formulas bought a new position in shares of Hawkins in the fourth quarter valued at about $77,000. Quest Partners LLC acquired a new position in Hawkins during the 4th quarter worth about $108,000. Finally, AXS Investments LLC acquired a new position in Hawkins during the 4th quarter worth about $179,000. 69.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Hawkins from a “buy” rating to a “hold” rating in a research note on Friday, February 9th.

Hawkins Trading Up 3.2 %

NASDAQ:HWKN traded up $2.45 during trading hours on Monday, hitting $78.23. 98,409 shares of the stock were exchanged, compared to its average volume of 140,250. The company has a market capitalization of $1.64 billion, a P/E ratio of 22.48 and a beta of 0.75. The company has a quick ratio of 1.58, a current ratio of 2.45 and a debt-to-equity ratio of 0.28. The company’s 50 day moving average is $74.03 and its two-hundred day moving average is $67.53. Hawkins, Inc. has a twelve month low of $39.20 and a twelve month high of $79.30.

Hawkins (NASDAQ:HWKN) last released its earnings results on Wednesday, January 31st. The specialty chemicals company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.10. Hawkins had a return on equity of 19.54% and a net margin of 7.91%. The company had revenue of $208.50 million during the quarter, compared to the consensus estimate of $221.24 million. On average, sell-side analysts anticipate that Hawkins, Inc. will post 3.61 earnings per share for the current fiscal year.

Hawkins Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were given a dividend of $0.16 per share. The ex-dividend date was Thursday, February 15th. This represents a $0.64 dividend on an annualized basis and a yield of 0.82%. Hawkins’s payout ratio is presently 18.39%.

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.