Hawkins, Inc. (NASDAQ:HWKN) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lessened its stake in Hawkins, Inc. (NASDAQ:HWKN) by 7.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,858 shares of the specialty chemicals company’s stock after selling 449 shares during the period. Voya Investment Management LLC’s holdings in Hawkins were worth $719,000 at the end of the most recent quarter.

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

Hawkins Trading Up 0.0 %

HWKN opened at $119.39 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 2.50. Hawkins, Inc. has a one year low of $71.98 and a one year high of $139.55. The company has a market cap of $2.50 billion, a P/E ratio of 30.46, a PEG ratio of 3.80 and a beta of 0.87. The business’s 50-day simple moving average is $112.41 and its 200-day simple moving average is $117.04.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HWKN. BWS Financial upgraded Hawkins from a “neutral” rating to a “buy” rating and set a $160.00 price objective for the company in a research note on Monday, April 14th. CJS Securities started coverage on shares of Hawkins in a report on Tuesday, April 1st. They issued a “market outperform” rating and a $125.00 price objective on the stock.

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.