Hawkins, Inc. (HWKN) Holdings Boosted by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in shares of Hawkins, Inc. (NASDAQ:HWKN) by 86.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 37,764 shares of the specialty chemicals company’s stock after acquiring an additional 17,489 shares during the period. JPMorgan Chase & Co.’s holdings in Hawkins were worth $1,548,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Hawkins by 3.4% during the 2nd quarter. Vanguard Group Inc. now owns 635,831 shares of the specialty chemicals company’s stock valued at $29,470,000 after acquiring an additional 21,199 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Hawkins by 6.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 450,647 shares of the specialty chemicals company’s stock valued at $20,888,000 after acquiring an additional 29,135 shares in the last quarter. State Street Corp lifted its stake in Hawkins by 3.5% during the 2nd quarter. State Street Corp now owns 224,521 shares of the specialty chemicals company’s stock valued at $10,404,000 after acquiring an additional 7,650 shares in the last quarter. ProShare Advisors LLC lifted its stake in Hawkins by 5.6% during the 2nd quarter. ProShare Advisors LLC now owns 144,415 shares of the specialty chemicals company’s stock valued at $6,694,000 after acquiring an additional 7,689 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in Hawkins by 5.4% during the 2nd quarter. Northern Trust Corp now owns 135,693 shares of the specialty chemicals company’s stock valued at $6,290,000 after acquiring an additional 6,905 shares in the last quarter. Institutional investors and hedge funds own 59.30% of the company’s stock.

In other Hawkins news, Director Jeffrey L. Wright bought 3,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was purchased at an average cost of $34.47 per share, with a total value of $103,410.00. Following the transaction, the director now directly owns 14,356 shares in the company, valued at approximately $494,851.32. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 3.70% of the company’s stock.

Separately, BidaskClub cut Hawkins from a “hold” rating to a “sell” rating in a research note on Friday, December 29th.

Hawkins, Inc. (NASDAQ HWKN) opened at $35.20 on Wednesday. Hawkins, Inc. has a 52 week low of $34.20 and a 52 week high of $54.80. The firm has a market capitalization of $383.88, a price-to-earnings ratio of 19.78 and a beta of 0.73. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.26 and a current ratio of 2.52.

Hawkins (NASDAQ:HWKN) last announced its earnings results on Wednesday, November 1st. The specialty chemicals company reported $0.49 earnings per share (EPS) for the quarter. Hawkins had a return on equity of 8.49% and a net margin of 3.84%. The firm had revenue of $125.40 million during the quarter.

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Hawkins Company Profile

Hawkins, Inc distributes, blends and manufactures chemicals and specialty ingredients for its customers in a range of industries. The Company conducts its business in three segments: Industrial, Water Treatment, and Health and Nutrition. Its Industrial segment is engaged in providing industrial chemicals, products and services to various industries, such as agriculture, chemical processing, electronics and energy.

Want to see what other hedge funds are holding HWKN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hawkins, Inc. (NASDAQ:HWKN).

Institutional Ownership by Quarter for Hawkins (NASDAQ:HWKN)

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