American Century Companies Inc. Sells 42,327 Shares of Hawkins, Inc. (NASDAQ:HWKN)

American Century Companies Inc. decreased its stake in shares of Hawkins, Inc. (NASDAQ:HWKN) by 12.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 294,024 shares of the specialty chemicals company’s stock after selling 42,327 shares during the quarter. American Century Companies Inc. owned approximately 1.40% of Hawkins worth $36,068,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in HWKN. Larson Financial Group LLC grew its position in shares of Hawkins by 8,633.3% during the 3rd quarter. Larson Financial Group LLC now owns 262 shares of the specialty chemicals company’s stock worth $33,000 after buying an additional 259 shares in the last quarter. Blue Trust Inc. grew 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 worth $44,000 after acquiring an additional 216 shares in the last quarter. Smartleaf Asset Management LLC increased its position 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 period. TD Private Client Wealth LLC raised its holdings in shares of Hawkins by 242.5% in 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 in the last quarter. Finally, KBC Group NV raised its holdings 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 in the last quarter. 69.71% of the stock is owned by hedge funds and other institutional investors.

Hawkins Trading Down 0.4 %

HWKN opened at $106.14 on Friday. Hawkins, Inc. has a 12 month low of $71.98 and a 12 month high of $139.55. The stock has a fifty day moving average price of $108.91 and a 200-day moving average price of $118.68. The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 27.08, a PEG 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.

Hawkins (NASDAQ:HWKN) last released its quarterly 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 net margin of 8.60% and a return on equity of 18.95%. As a group, equities research analysts anticipate that Hawkins, Inc. will post 4 earnings per share for the current fiscal year.

Hawkins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.18 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.72 annualized dividend and a yield of 0.68%. Hawkins’s dividend payout ratio (DPR) is 18.37%.

Analyst Ratings Changes

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 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.