Nations Financial Group Inc. IA ADV Sells 496 Shares of Hawkins, Inc. (NASDAQ:HWKN)

Nations Financial Group Inc. IA ADV lowered its stake in shares of Hawkins, Inc. (NASDAQ:HWKN) by 1.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 39,168 shares of the specialty chemicals company’s stock after selling 496 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Hawkins were worth $4,993,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. State of New Jersey Common Pension Fund D purchased a new stake in Hawkins during the 3rd quarter valued at approximately $2,021,000. Crossmark Global Holdings Inc. bought a new stake in shares of Hawkins during the third quarter worth $229,000. SpiderRock Advisors LLC bought a new stake in shares of Hawkins during the third quarter worth $685,000. Farther Finance Advisors LLC lifted its position in shares of Hawkins by 289.2% during the third quarter. Farther Finance Advisors LLC now owns 467 shares of the specialty chemicals company’s stock worth $59,000 after purchasing an additional 347 shares during the last quarter. Finally, Rice Hall James & Associates LLC bought a new stake in shares of Hawkins during the third quarter worth $4,016,000. Institutional investors own 69.71% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Hawkins Stock Down 0.0 %

Shares of HWKN stock traded down $0.06 during trading hours on Monday, reaching $125.21. 4,519 shares of the company’s stock were exchanged, compared to its average volume of 128,570. The stock’s fifty day moving average price is $121.63 and its two-hundred day moving average price is $105.55. The stock has a market cap of $2.62 billion, a PE ratio of 32.04, a PEG ratio of 4.35 and a beta of 0.77. Hawkins, Inc. has a 1 year low of $54.44 and a 1 year high of $135.61. The company has a current ratio of 2.27, a quick ratio of 1.39 and a debt-to-equity ratio of 0.21.

Hawkins (NASDAQ:HWKN) last issued its earnings results on Wednesday, October 30th. The specialty chemicals company reported $1.16 EPS for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.02). The firm had revenue of $247.03 million during the quarter, compared to analysts’ expectations of $259.59 million. Hawkins had a net margin of 8.74% and a return on equity of 19.64%. Research analysts predict that Hawkins, Inc. will post 4.12 EPS for the current year.

Hawkins Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date is Friday, November 15th. Hawkins’s payout ratio is presently 18.41%.

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.