2 weeks Ago By Defense World Staff
Rhumbline Advisers reduced its position in shares of Babcock & Wilcox Enterprises, Inc. ( NYSE:BW – Free Report ) by 61.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The fund owned 37,299 shares of the technology company’s stock after selling 60,127 shares during the period. Rhumbline Advisers’ holdings in Babcock & Wilcox Enterprises were worth $54,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also modified their holdings of BW.
Mirae Asset Global Investments Co. Ltd. acquired a new stake in Babcock & Wilcox Enterprises during the first quarter worth approximately $26,000.
Boston Partners lifted its stake in shares of Babcock & Wilcox Enterprises by 16.0% during the 1st quarter. Boston Partners now owns 318,870 shares of the technology company’s stock worth $360,000 after purchasing an additional 43,880 shares during the period.
Acadian Asset Management LLC boosted its holdings in shares of Babcock & Wilcox Enterprises by 13.0% during the first quarter. Acadian Asset Management LLC now owns 744,428 shares of the technology company’s stock worth $840,000 after purchasing an additional 85,489 shares during the last quarter.
Tidal Investments LLC purchased a new stake in shares of Babcock & Wilcox Enterprises in the first quarter valued at $122,000. Finally, Aristides Capital LLC purchased a new stake in shares of Babcock & Wilcox Enterprises in the fourth quarter valued at $164,000. 83.
17% of the stock is currently owned by hedge funds and other institutional investors. Babcock & Wilcox Enterprises Stock Up 7.4 % BW stock opened at $2.
04 on Tuesday. The company has a market cap of $185.66 million, a price-to-earnings ratio of -0.
84 and a beta of 1.72. The business has a fifty day simple moving average of $1.
30 and a 200-day simple moving average of $1.30. Babcock & Wilcox Enterprises, Inc.
has a 52 week low of $0.75 and a 52 week high of $4.17.
Wall Street Analysts Forecast Growth A number of analysts have issued reports on the company. StockNews.com raised Babcock & Wilcox Enterprises from a “sell” rating to a “hold” rating in a research note on Thursday, August 15th.
Craig Hallum increased their price objective on shares of Babcock & Wilcox Enterprises from $1.50 to $2.00 and gave the stock a “hold” rating in a report on Monday, July 8th.
Read Our Latest Report on BW Babcock & Wilcox Enterprises Profile ( Free Report ) Babcock & Wilcox Enterprises, Inc, together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers worldwide. The company operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal. Further Reading Five stocks we like better than Babcock & Wilcox Enterprises Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time TJX Stock: A Buying Opportunity Before the Holiday Rush Should You Add These Warren Buffett Stocks to Your Portfolio? Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge 3 Home Improvement Stocks that Can Upgrade Your Portfolio Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Want to see what other hedge funds are holding BW? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Babcock & Wilcox Enterprises, Inc. ( NYSE:BW – Free Report ). Receive News & Ratings for Babcock & Wilcox Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Babcock & Wilcox Enterprises and related companies with MarketBeat.
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