Deutsche Bank AG Has $2.18 Million Stock Holdings in Hawkins, Inc. (NASDAQ:HWKN)

Deutsche Bank AG raised its holdings in Hawkins, Inc. (NASDAQ:HWKN) by 48.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,756 shares of the specialty chemicals company’s stock after buying an additional 5,785 shares during the quarter. Deutsche Bank AG owned 0.08% of Hawkins worth $2,178,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wasatch Advisors LP acquired a new position in Hawkins during the 4th quarter valued at $42,466,000. Vaughan Nelson Investment Management L.P. increased its holdings in shares of Hawkins by 487.7% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 254,837 shares of the specialty chemicals company’s stock worth $31,260,000 after purchasing an additional 211,472 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Hawkins during the fourth quarter valued at about $13,087,000. Cerity Partners LLC raised its position in shares of Hawkins by 900.2% during the fourth quarter. Cerity Partners LLC now owns 82,576 shares of the specialty chemicals company’s stock valued at $10,166,000 after buying an additional 74,320 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Hawkins by 61.9% in the fourth quarter. JPMorgan Chase & Co. now owns 149,616 shares of the specialty chemicals company’s stock valued at $18,353,000 after buying an additional 57,179 shares during the period. Institutional investors and hedge funds own 69.71% of the company’s stock.

Hawkins Stock Down 0.3%

HWKN opened at $126.67 on Friday. The company has a market capitalization of $2.63 billion, a P/E ratio of 32.31, a P/E/G ratio of 3.80 and a beta of 0.87. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.50 and a quick ratio of 1.53. The firm’s fifty day moving average price is $116.02 and its two-hundred day moving average price is $117.55. Hawkins, Inc. has a fifty-two week low of $83.88 and a fifty-two week high of $139.55.

Hawkins (NASDAQ:HWKN) last announced its quarterly earnings data on Wednesday, May 14th. The specialty chemicals company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. Hawkins had a net margin of 8.60% and a return on equity of 18.95%. The company had revenue of $245.32 million during the quarter, compared to analysts’ expectations of $230.69 million. On average, analysts anticipate that Hawkins, Inc. will post 4 EPS for the current year.

Hawkins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend is Friday, May 30th. Hawkins’s dividend payout ratio is 17.82%.

Wall Street Analysts Forecast Growth

HWKN has been the topic of several research reports. BWS Financial restated a “buy” rating and set a $160.00 price target on shares of Hawkins in a research note on Thursday, May 15th. CJS Securities began coverage on Hawkins in a research report on Tuesday, April 1st. They issued a “market outperform” rating and a $125.00 price objective for the company.

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.