Hawkins (NASDAQ:HWKN) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.

Shares of Hawkins (NASDAQ HWKN) opened at $35.80 on Tuesday. Hawkins has a 12-month low of $32.70 and a 12-month high of $53.50. The stock has a market cap of $375.40, a PE ratio of 11.74 and a beta of 0.72. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.45 and a current ratio of 2.74.

A number of institutional investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its position in Hawkins by 1.7% during the second quarter. Wells Fargo & Company MN now owns 6,843 shares of the specialty chemicals company’s stock worth $318,000 after purchasing an additional 117 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Hawkins by 1.6% during the second quarter. The Manufacturers Life Insurance Company now owns 7,883 shares of the specialty chemicals company’s stock worth $366,000 after purchasing an additional 122 shares during the last quarter. TIAA CREF Investment Management LLC increased its position in Hawkins by 0.7% during the second quarter. TIAA CREF Investment Management LLC now owns 30,014 shares of the specialty chemicals company’s stock worth $1,391,000 after purchasing an additional 209 shares during the last quarter. Thrivent Financial For Lutherans increased its position in Hawkins by 6.4% during the second quarter. Thrivent Financial For Lutherans now owns 5,810 shares of the specialty chemicals company’s stock worth $269,000 after purchasing an additional 350 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position in Hawkins by 1.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 48,647 shares of the specialty chemicals company’s stock worth $2,255,000 after purchasing an additional 541 shares during the last quarter. Hedge funds and other institutional investors own 58.62% of the company’s stock.

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About Hawkins

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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