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

Teton Advisors Inc. decreased its stake in Hawkins, Inc. (NASDAQ:HWKN) by 9.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 63,280 shares of the specialty chemicals company’s stock after selling 6,300 shares during the period. Hawkins makes up 1.5% of Teton Advisors Inc.’s investment portfolio, making the stock its 15th biggest position. Teton Advisors Inc.’s holdings in Hawkins were worth $4,456,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. AJOVista LLC bought a new stake in Hawkins in the fourth quarter valued at approximately $26,000. Centerpoint Advisors LLC acquired a new position in shares of Hawkins in the 3rd quarter worth approximately $29,000. USA Financial Formulas acquired a new position in shares of Hawkins in the 4th quarter worth approximately $77,000. Quest Partners LLC bought a new stake in shares of Hawkins in the 4th quarter valued at $108,000. Finally, AXS Investments LLC acquired a new stake in shares of Hawkins during the fourth quarter worth $179,000. 69.71% of the stock is currently owned by institutional investors.

Hawkins Trading Up 3.2 %

Shares of NASDAQ:HWKN traded up $2.45 during midday trading on Monday, reaching $78.23. The company’s stock had a trading volume of 98,409 shares, compared to its average volume of 140,250. The firm has a 50 day moving average price of $74.03 and a two-hundred day moving average price of $67.53. Hawkins, Inc. has a fifty-two week low of $39.20 and a fifty-two week high of $79.30. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 22.48 and a beta of 0.75. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.45.

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

Hawkins Dividend Announcement

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

Wall Street Analyst Weigh In

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

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.