Hawkins, Inc. (HWKN) Director Mary J. Schumacher Buys 1,400 Shares of Stock
Hawkins, Inc. (NASDAQ:HWKN) Director Mary J. Schumacher acquired 1,400 shares of the business’s stock in a transaction dated Monday, August 28th. The shares were bought at an average price of $35.80 per share, for a total transaction of $50,120.00. Following the completion of the acquisition, the director now owns 6,616 shares in the company, valued at $236,852.80. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Hawkins, Inc. (HWKN) traded up 0.99% on Thursday, reaching $35.70. 26,345 shares of the company traded hands. The stock has a market capitalization of $380.67 million, a price-to-earnings ratio of 18.20 and a beta of 0.73. Hawkins, Inc. has a 52-week low of $35.50 and a 52-week high of $54.80. The firm has a 50 day moving average price of $42.99 and a 200 day moving average price of $47.22.
Hawkins (NASDAQ:HWKN) last announced its quarterly earnings results on Tuesday, August 8th. The specialty chemicals company reported $0.55 earnings per share (EPS) for the quarter. The business had revenue of $133.73 million during the quarter. Hawkins had a return on equity of 9.53% and a net margin of 4.28%. Equities research analysts predict that Hawkins, Inc. will post $2.52 EPS for the current year.
The company also recently declared a semiannual dividend, which will be paid on Friday, October 6th. Stockholders of record on Friday, September 22nd will be issued a dividend of $0.44 per share. This represents a dividend yield of 2.16%. This is a positive change from Hawkins’s previous semiannual dividend of $0.42. The ex-dividend date is Thursday, September 21st. Hawkins’s payout ratio is currently 42.64%.
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A number of large investors have recently bought and sold shares of HWKN. Acrospire Investment Management LLC bought a new stake in Hawkins during the second quarter valued at $107,000. BNP Paribas Arbitrage SA raised its stake in Hawkins by 61.0% in the second quarter. BNP Paribas Arbitrage SA now owns 2,789 shares of the specialty chemicals company’s stock valued at $129,000 after buying an additional 1,057 shares during the period. Municipal Employees Retirement System of Michigan raised its stake in Hawkins by 2.0% in the second quarter. Municipal Employees Retirement System of Michigan now owns 3,990 shares of the specialty chemicals company’s stock valued at $185,000 after buying an additional 80 shares during the period. Citadel Advisors LLC bought a new stake in Hawkins during the second quarter valued at $202,000. Finally, PDT Partners LLC raised its stake in Hawkins by 2.0% in the second quarter. PDT Partners LLC now owns 4,385 shares of the specialty chemicals company’s stock valued at $203,000 after buying an additional 85 shares during the period. Hedge funds and other institutional investors own 59.46% of the company’s stock.
HWKN has been the topic of several recent analyst reports. TheStreet lowered shares of Hawkins from a “b” rating to a “c+” rating in a report on Tuesday, August 15th. BidaskClub lowered shares of Hawkins from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th.
Hawkins, Inc distributes, blends and manufactures chemicals and specialty ingredients for its customers in a range of industries. The Company conducts its business in three segments: Industrial, Water Treatment, and Health and Nutrition. Its Industrial segment is engaged in providing industrial chemicals, products and services to various industries, such as agriculture, chemical processing, electronics and energy.
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