Dynamic Technology Lab Private Ltd Purchases Shares of 8,308 Hawkins, Inc. (NASDAQ:HWKN)

Dynamic Technology Lab Private Ltd acquired a new position in shares of Hawkins, Inc. (NASDAQ:HWKN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,308 shares of the specialty chemicals company’s stock, valued at approximately $585,000.

Several other large investors also recently made changes to their positions in HWKN. Nordea Investment Management AB bought a new stake in shares of Hawkins during the fourth quarter worth about $3,402,000. Los Angeles Capital Management LLC bought a new stake in Hawkins during the fourth quarter worth $930,000. Anchor Capital Advisors LLC raised its position in Hawkins by 9.9% in the 4th quarter. Anchor Capital Advisors LLC now owns 22,366 shares of the specialty chemicals company’s stock valued at $1,575,000 after buying an additional 2,023 shares during the last quarter. Versor Investments LP bought a new position in Hawkins during the 4th quarter valued at $225,000. Finally, Lazard Asset Management LLC boosted its holdings in Hawkins by 200.3% during the 3rd quarter. Lazard Asset Management LLC now owns 21,929 shares of the specialty chemicals company’s stock worth $1,290,000 after acquiring an additional 14,626 shares during the last quarter. 69.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on HWKN shares. StockNews.com downgraded shares of Hawkins from a “buy” rating to a “hold” rating in a report on Friday, February 9th. BWS Financial upped their target price on Hawkins from $74.00 to $96.00 and gave the company a “buy” rating in a report on Friday, May 17th.

Hawkins Price Performance

Shares of NASDAQ:HWKN opened at $87.73 on Friday. The company has a market capitalization of $1.83 billion, a P/E ratio of 24.44 and a beta of 0.76. The company’s 50-day moving average is $77.71 and its 200 day moving average is $70.33. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.24 and a current ratio of 1.96. Hawkins, Inc. has a fifty-two week low of $45.37 and a fifty-two week high of $89.77.

Hawkins Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Friday, May 31st. Hawkins’s payout ratio is 17.83%.

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.