3,311 Shares in Hawkins, Inc. (NASDAQ:HWKN) Purchased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC bought a new position in shares of Hawkins, Inc. (NASDAQ:HWKN) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 3,311 shares of the specialty chemicals company’s stock, valued at approximately $233,000.

A number of other hedge funds have also made changes to their positions in the company. New York State Teachers Retirement System increased its position in shares of Hawkins by 2.2% during the 3rd quarter. New York State Teachers Retirement System now owns 13,827 shares of the specialty chemicals company’s stock worth $814,000 after purchasing an additional 302 shares in the last quarter. Swiss National Bank grew its holdings in Hawkins by 0.9% during the 3rd quarter. Swiss National Bank now owns 43,988 shares of the specialty chemicals company’s stock worth $2,589,000 after acquiring an additional 400 shares during the last quarter. Centerpoint Advisors LLC bought a new stake in Hawkins during the 3rd quarter worth about $29,000. Raymond James & Associates grew its holdings in Hawkins by 12.2% during the 4th quarter. Raymond James & Associates now owns 4,895 shares of the specialty chemicals company’s stock worth $345,000 after acquiring an additional 534 shares during the last quarter. Finally, Rhumbline Advisers grew its holdings in Hawkins by 1.2% during the 3rd quarter. Rhumbline Advisers now owns 54,596 shares of the specialty chemicals company’s stock worth $3,213,000 after acquiring an additional 624 shares during the last quarter. Institutional investors and hedge funds own 69.71% of the company’s stock.

Analyst Ratings Changes

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

Hawkins Stock Up 1.3 %

Shares of NASDAQ:HWKN opened at $76.95 on Wednesday. The firm has a market cap of $1.61 billion, a P/E ratio of 22.11 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. Hawkins, Inc. has a 12 month low of $39.20 and a 12 month high of $79.30. The company’s 50-day moving average price is $73.42 and its two-hundred day moving average price is $67.06.

Hawkins (NASDAQ:HWKN) last issued its earnings results on Wednesday, January 31st. The specialty chemicals company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.10. The company had revenue of $208.50 million for the quarter, compared to analyst estimates of $221.24 million. Hawkins had a net margin of 7.91% and a return on equity of 19.54%. As a group, research analysts forecast that Hawkins, Inc. will post 3.61 EPS for the current fiscal year.

Hawkins Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 0.83%. The ex-dividend date of this dividend was Thursday, February 15th. Hawkins’s dividend payout ratio (DPR) is presently 18.39%.

About Hawkins

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.