3 days Ago By ABMN Staff
CIBC Private Wealth Group LLC reduced its position in shares of BWX Technologies, Inc. ( NYSE:BWXT – Free Report ) by 72.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 1,899 shares of the technology company’s stock after selling 4,911 shares during the period. CIBC Private Wealth Group LLC’s holdings in BWX Technologies were worth $217,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors have also added to or reduced their stakes in the company.
Vanguard Group Inc. lifted its holdings in shares of BWX Technologies by 2.3% during the fourth quarter.
Vanguard Group Inc. now owns 9,211,924 shares of the technology company’s stock worth $1,026,116,000 after buying an additional 202,917 shares in the last quarter. Geode Capital Management LLC raised its stake in BWX Technologies by 1.
6% in the 3rd quarter. Geode Capital Management LLC now owns 1,682,563 shares of the technology company’s stock worth $182,938,000 after purchasing an additional 26,130 shares in the last quarter. Van ECK Associates Corp raised its stake in BWX Technologies by 46.
7% in the 4th quarter. Van ECK Associates Corp now owns 1,408,736 shares of the technology company’s stock worth $156,919,000 after purchasing an additional 448,467 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in BWX Technologies by 19.
8% in the 4th quarter. Bank of New York Mellon Corp now owns 1,379,779 shares of the technology company’s stock valued at $153,694,000 after purchasing an additional 228,413 shares during the period. Finally, American Century Companies Inc.
grew its position in shares of BWX Technologies by 3.0% during the 4th quarter. American Century Companies Inc.
now owns 765,527 shares of the technology company’s stock worth $85,272,000 after purchasing an additional 22,064 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors.
BWX Technologies Stock Down 6.6 % BWXT stock opened at $89.14 on Monday.
The firm has a 50-day moving average price of $104.30 and a 200-day moving average price of $114.50.
The stock has a market capitalization of $8.15 billion, a P/E ratio of 29.52, a price-to-earnings-growth ratio of 3.
20 and a beta of 0.67. BWX Technologies, Inc.
has a 12 month low of $86.70 and a 12 month high of $136.31.
The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 1.
15. BWX Technologies Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 11th were paid a $0.
25 dividend. This is a positive change from BWX Technologies’s previous quarterly dividend of $0.24.
This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.12%.
The ex-dividend date was Tuesday, March 11th. BWX Technologies’s dividend payout ratio is currently 32.57%.
Insider Transactions at BWX Technologies In other news, CEO Rex D. Geveden sold 45,625 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $107.
40, for a total value of $4,900,125.00. Following the transaction, the chief executive officer now directly owns 218,218 shares of the company’s stock, valued at $23,436,613.
20. The trade was a 17.29 % decrease in their position.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . Also, SVP Ronald Owen Whitford, Jr. sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th.
The stock was sold at an average price of $104.92, for a total value of $209,840.00.
Following the sale, the senior vice president now directly owns 9,904 shares of the company’s stock, valued at $1,039,127.68. This represents a 16.
80 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 53,625 shares of company stock worth $5,734,145 over the last three months.
0.47% of the stock is owned by company insiders. Wall Street Analysts Forecast Growth BWXT has been the subject of several recent research reports.
Bank of America cut their price target on BWX Technologies from $160.00 to $135.00 and set a “buy” rating for the company in a research note on Wednesday, March 26th.
Maxim Group upped their target price on BWX Technologies from $138.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, January 10th.
Truist Financial raised their price target on BWX Technologies from $106.00 to $114.00 and gave the stock a “hold” rating in a research report on Tuesday, January 14th.
Seaport Res Ptn raised shares of BWX Technologies to a “strong-buy” rating in a research report on Tuesday, April 1st. Finally, Barclays raised their target price on shares of BWX Technologies from $90.00 to $105.
00 and gave the company an “underweight” rating in a report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.
com, BWX Technologies has an average rating of “Moderate Buy” and an average price target of $124.38. Get Our Latest Report on BWXT About BWX Technologies ( Free Report ) BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally.
It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers. Further Reading Want to see what other hedge funds are holding BWXT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for BWX Technologies, Inc. ( NYSE:BWXT – Free Report ). Receive News & Ratings for BWX Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BWX Technologies and related companies with MarketBeat.
com's FREE daily email newsletter ..
