BidaskClub lowered shares of Hawkins (NASDAQ:HWKN) from a hold rating to a sell rating in a research report sent to investors on Tuesday morning, BidAskClub reports.

Separately, ValuEngine upgraded shares of Hawkins from a sell rating to a hold rating in a research report on Thursday, November 14th.

Shares of NASDAQ:HWKN traded down $0.38 during midday trading on Tuesday, hitting $42.26. The stock had a trading volume of 10,422 shares, compared to its average volume of 20,156. The company’s 50-day moving average price is $43.84 and its 200-day moving average price is $43.18. The company has a market capitalization of $452.21 million, a P/E ratio of 16.76 and a beta of 0.89. The company has a quick ratio of 1.34, a current ratio of 2.47 and a debt-to-equity ratio of 0.32. Hawkins has a fifty-two week low of $32.79 and a fifty-two week high of $47.94.

Hawkins (NASDAQ:HWKN) last issued its earnings results on Wednesday, October 30th. The specialty chemicals company reported $0.87 EPS for the quarter. The company had revenue of $140.04 million during the quarter. Hawkins had a net margin of 4.91% and a return on equity of 12.14%.

Several large investors have recently modified their holdings of the company. Russell Investments Group Ltd. acquired a new position in Hawkins during the 3rd quarter worth approximately $110,000. Hancock Whitney Corp acquired a new position in Hawkins in the 2nd quarter valued at approximately $200,000. AdvisorNet Financial Inc acquired a new position in Hawkins in the 3rd quarter valued at approximately $203,000. Citadel Advisors LLC acquired a new position in Hawkins in the 2nd quarter valued at approximately $273,000. Finally, State of Alaska Department of Revenue increased its position in Hawkins by 124.4% in the 3rd quarter. State of Alaska Department of Revenue now owns 7,295 shares of the specialty chemicals company’s stock valued at $310,000 after acquiring an additional 4,044 shares during the period. Institutional investors own 59.53% of the company’s stock.

Hawkins Company Profile

Hawkins, Inc blends, manufactures, and distributes chemicals and other specialty ingredients in the United States and internationaly. It operates in three segments: Industrial, Water Treatment, and Health and Nutrition. It provides industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.

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