Hawkins (NASDAQ:HWKN) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Tuesday.
Shares of Hawkins stock opened at $37.02 on Tuesday. The company has a current ratio of 2.68, a quick ratio of 1.40 and a debt-to-equity ratio of 0.37. Hawkins has a 52-week low of $30.55 and a 52-week high of $44.03. The company has a market capitalization of $413.72 million, a PE ratio of 19.08 and a beta of 0.84.
Several institutional investors have recently modified their holdings of HWKN. LS Investment Advisors LLC grew its position in shares of Hawkins by 779.4% in the 4th quarter. LS Investment Advisors LLC now owns 2,260 shares of the specialty chemicals company’s stock worth $93,000 after buying an additional 2,003 shares during the last quarter. Oregon Public Employees Retirement Fund purchased a new position in shares of Hawkins in the 4th quarter worth approximately $150,000. Virginia Retirement Systems ET AL purchased a new position in shares of Hawkins in the 3rd quarter worth approximately $203,000. Ramsey Quantitative Systems grew its position in shares of Hawkins by 265.5% in the 4th quarter. Ramsey Quantitative Systems now owns 5,453 shares of the specialty chemicals company’s stock worth $223,000 after buying an additional 3,961 shares during the last quarter. Finally, Crossmark Global Holdings Inc. purchased a new position in shares of Hawkins in the 3rd quarter worth approximately $224,000. 59.25% of the stock is currently owned by hedge funds and other institutional investors.
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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