Two Sigma Advisers LP Lowers Position in Hawkins, Inc. (HWKN)

Two Sigma Advisers LP lowered its stake in Hawkins, Inc. (NASDAQ:HWKN) by 11.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,207 shares of the specialty chemicals company’s stock after selling 1,400 shares during the period. Two Sigma Advisers LP owned 0.10% of Hawkins worth $459,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Bank of Montreal Can increased its holdings in shares of Hawkins by 3.9% in the fourth quarter. Bank of Montreal Can now owns 7,400 shares of the specialty chemicals company’s stock valued at $303,000 after purchasing an additional 280 shares in the last quarter. Algert Global LLC increased its holdings in shares of Hawkins by 6.4% in the fourth quarter. Algert Global LLC now owns 6,515 shares of the specialty chemicals company’s stock valued at $267,000 after purchasing an additional 390 shares in the last quarter. Crossmark Global Holdings Inc. increased its holdings in shares of Hawkins by 8.1% in the fourth quarter. Crossmark Global Holdings Inc. now owns 5,843 shares of the specialty chemicals company’s stock valued at $239,000 after purchasing an additional 440 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Hawkins by 0.6% in the fourth quarter. Principal Financial Group Inc. now owns 78,335 shares of the specialty chemicals company’s stock valued at $3,208,000 after purchasing an additional 493 shares in the last quarter. Finally, Arizona State Retirement System increased its holdings in shares of Hawkins by 6.2% in the fourth quarter. Arizona State Retirement System now owns 14,859 shares of the specialty chemicals company’s stock valued at $608,000 after purchasing an additional 874 shares in the last quarter. 58.18% of the stock is owned by institutional investors and hedge funds.

Shares of Hawkins stock opened at $39.01 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.68 and a quick ratio of 1.40. The company has a market capitalization of $416.70 million, a P/E ratio of 19.22 and a beta of 0.83. Hawkins, Inc. has a fifty-two week low of $30.55 and a fifty-two week high of $44.03.

Hawkins (NASDAQ:HWKN) last released its earnings results on Wednesday, February 6th. The specialty chemicals company reported $0.39 EPS for the quarter. Hawkins had a negative net margin of 3.03% and a positive return on equity of 10.22%. The firm had revenue of $128.15 million during the quarter.

Separately, BidaskClub raised shares of Hawkins from a “sell” rating to a “hold” rating in a report on Wednesday, February 20th.

TRADEMARK VIOLATION WARNING: This piece was reported by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this piece on another site, it was copied illegally and republished in violation of United States and international copyright and trademark law. The original version of this piece can be accessed at https://www.baseballdailydigest.com/news/2019/04/21/two-sigma-advisers-lp-lowers-position-in-hawkins-inc-hwkn.html.

Hawkins 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.

See Also: How to interpret the current ratio

Institutional Ownership by Quarter for Hawkins (NASDAQ:HWKN)

Receive News & Ratings for Hawkins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hawkins and related companies with MarketBeat.com's FREE daily email newsletter.