Annex Advisory Services LLC Purchases 1,747 Shares of Hawkins, Inc. (NASDAQ:HWKN)

Annex Advisory Services LLC boosted its holdings in shares of Hawkins, Inc. (NASDAQ:HWKN) by 17.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,939 shares of the specialty chemicals company’s stock after buying an additional 1,747 shares during the quarter. Annex Advisory Services LLC owned approximately 0.06% of Hawkins worth $841,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AJOVista LLC bought a new stake in shares of Hawkins during the 4th quarter worth about $26,000. Illinois Municipal Retirement Fund lifted its holdings in Hawkins by 3.7% during the 4th quarter. Illinois Municipal Retirement Fund now owns 11,236 shares of the specialty chemicals company’s stock worth $791,000 after purchasing an additional 398 shares during the last quarter. Swiss National Bank lifted its holdings in shares of Hawkins by 0.9% during the third quarter. Swiss National Bank now owns 43,988 shares of the specialty chemicals company’s stock worth $2,589,000 after buying an additional 400 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Hawkins by 3.2% during the 4th quarter. Franklin Resources Inc. now owns 13,024 shares of the specialty chemicals company’s stock worth $917,000 after purchasing an additional 400 shares in the last quarter. Finally, Raymond James & Associates grew its stake in Hawkins by 12.2% during the fourth quarter. Raymond James & Associates now owns 4,895 shares of the specialty chemicals company’s stock worth $345,000 after buying an additional 534 shares in the last quarter. Institutional investors own 69.71% of the company’s stock.

Analyst Ratings Changes

HWKN has been the topic of a number of research analyst reports. BWS Financial raised 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. StockNews.com cut Hawkins from a “buy” rating to a “hold” rating in a research report on Friday, February 9th.

Hawkins Trading Up 3.0 %

Shares of Hawkins stock traded up $2.52 on Wednesday, reaching $87.52. 65,090 shares of the company’s stock were exchanged, compared to its average volume of 132,268. 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 52 week low of $45.37 and a 52 week high of $89.82. The firm’s 50-day moving average is $79.61 and its two-hundred day moving average is $71.89. The company has a market capitalization of $1.83 billion, a P/E ratio of 24.38 and a beta of 0.78.

Hawkins Announces Dividend

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

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.