Arrowstreet Capital Limited Partnership raised its holdings in shares of BWX Technologies Inc (NYSE:BWXT) by 0.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,009,996 shares of the technology company’s stock after purchasing an additional 8,573 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in BWX Technologies were worth $61,095,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of BWXT. Cerebellum GP LLC purchased a new position in BWX Technologies during the 4th quarter valued at about $128,000. First Manhattan Co. purchased a new position in BWX Technologies during the 4th quarter valued at about $184,000. Quantbot Technologies LP increased its position in BWX Technologies by 37.9% during the 3rd quarter. Quantbot Technologies LP now owns 3,382 shares of the technology company’s stock valued at $189,000 after purchasing an additional 929 shares during the period. CIBC Asset Management Inc purchased a new position in BWX Technologies during the 4th quarter valued at about $204,000. Finally, Crossmark Global Holdings Inc. purchased a new position in BWX Technologies during the 3rd quarter valued at about $208,000. 93.79% of the stock is currently owned by institutional investors and hedge funds.
BWX Technologies Inc (NYSE:BWXT) opened at $63.64 on Wednesday. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.81 and a quick ratio of 1.81. BWX Technologies Inc has a 12-month low of $41.90 and a 12-month high of $65.06. The stock has a market cap of $6,330.00, a P/E ratio of 31.98, a PEG ratio of 2.46 and a beta of 0.50.
BWXT has been the topic of a number of research reports. Zacks Investment Research raised shares of BWX Technologies from a “sell” rating to a “hold” rating and set a $69.00 target price on the stock in a research report on Tuesday, January 9th. SunTrust Banks reissued a “buy” rating and set a $70.00 target price on shares of BWX Technologies in a research report on Friday, January 19th. ValuEngine downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub raised shares of BWX Technologies from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 26th. Finally, Seaport Global Securities initiated coverage on shares of BWX Technologies in a research report on Wednesday, January 10th. They set a “buy” rating and a $72.00 target price on the stock. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. BWX Technologies has a consensus rating of “Buy” and an average price target of $65.88.
About BWX Technologies
BWX Technologies, Inc is a manufacturer of nuclear components and a service provider. The Company’s businesses focus on the design, engineering and manufacture of precision naval nuclear components, reactors and nuclear fuel for the United States Government. Its segments include Nuclear Operations, Technical Services, Nuclear Energy and Other.
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