BWX Technologies, Inc. (BWXT) Shares Bought by Parametric Portfolio Associates LLC
Parametric Portfolio Associates LLC lifted its position in BWX Technologies, Inc. (NYSE:BWXT) by 8.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 425,919 shares of the technology company’s stock after acquiring an additional 32,854 shares during the period. Parametric Portfolio Associates LLC owned 0.43% of BWX Technologies worth $23,860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently modified their holdings of the company. Quantbot Technologies LP boosted its stake in BWX Technologies by 11.2% during the second quarter. Quantbot Technologies LP now owns 2,453 shares of the technology company’s stock worth $119,000 after buying an additional 248 shares during the last quarter. Federated Investors Inc. PA acquired a new position in BWX Technologies during the second quarter worth $151,000. Crossmark Global Holdings Inc. acquired a new position in BWX Technologies during the third quarter worth $208,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in BWX Technologies by 23.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,784 shares of the technology company’s stock worth $184,000 after buying an additional 721 shares during the last quarter. Finally, Globeflex Capital L P acquired a new position in BWX Technologies during the second quarter worth $193,000. 95.49% of the stock is currently owned by hedge funds and other institutional investors.
A number of research firms have commented on BWXT. Wells Fargo & Co began coverage on BWX Technologies in a research report on Monday, December 11th. They issued a “market perform” rating and a $65.00 target price on the stock. ValuEngine downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub upgraded BWX Technologies from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 26th. Zacks Investment Research downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Finally, Robert W. Baird began coverage on BWX Technologies in a research report on Tuesday, October 24th. They issued an “outperform” rating and a $70.00 target price on the stock. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $62.14.
Shares of BWX Technologies, Inc. (NYSE:BWXT) opened at $60.83 on Tuesday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 1.59. The stock has a market capitalization of $6,050.00, a price-to-earnings ratio of 30.57, a P/E/G ratio of 2.62 and a beta of 0.47. BWX Technologies, Inc. has a 1-year low of $39.03 and a 1-year high of $62.85.
BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, November 6th. The technology company reported $0.46 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.46. The firm had revenue of $419.36 million for the quarter, compared to the consensus estimate of $420.39 million. BWX Technologies had a return on equity of 88.05% and a net margin of 11.89%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.39 EPS. research analysts forecast that BWX Technologies, Inc. will post 2.07 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 13th. Shareholders of record on Monday, November 20th were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Friday, November 17th. This represents a $0.44 annualized dividend and a yield of 0.72%. BWX Technologies’s dividend payout ratio (DPR) is 22.11%.
BWX Technologies Profile
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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