Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of BWX Technologies Inc (NYSE:BWXT) by 7.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,568 shares of the technology company’s stock after purchasing an additional 452 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in BWX Technologies were worth $251,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Oakbrook Investments LLC purchased a new stake in BWX Technologies during the third quarter worth about $383,000. Scout Investments Inc. lifted its holdings in shares of BWX Technologies by 22.7% during the fourth quarter. Scout Investments Inc. now owns 613,385 shares of the technology company’s stock valued at $23,450,000 after acquiring an additional 113,649 shares during the period. Ancora Advisors LLC lifted its holdings in shares of BWX Technologies by 3.4% during the third quarter. Ancora Advisors LLC now owns 242,199 shares of the technology company’s stock valued at $15,147,000 after acquiring an additional 7,861 shares during the period. Vident Investment Advisory LLC bought a new position in shares of BWX Technologies during the third quarter valued at $623,000. Finally, Northern Trust Corp lifted its holdings in shares of BWX Technologies by 6.6% during the second quarter. Northern Trust Corp now owns 511,543 shares of the technology company’s stock valued at $31,879,000 after acquiring an additional 31,894 shares during the period. Hedge funds and other institutional investors own 95.69% of the company’s stock.

Shares of BWX Technologies stock traded up $0.10 during trading on Monday, reaching $48.52. 838 shares of the stock traded hands, compared to its average volume of 634,211. The firm has a market cap of $4.78 billion, a price-to-earnings ratio of 23.62, a PEG ratio of 1.81 and a beta of 0.91. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.93. BWX Technologies Inc has a 52-week low of $35.91 and a 52-week high of $72.18.

In related news, CEO Rex D. Geveden purchased 2,500 shares of the firm’s stock in a transaction dated Tuesday, November 20th. The stock was purchased at an average price of $41.49 per share, with a total value of $103,725.00. Following the completion of the purchase, the chief executive officer now owns 28,595 shares of the company’s stock, valued at approximately $1,186,406.55. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.52% of the company’s stock.

A number of research analysts have issued reports on BWXT shares. SunTrust Banks cut BWX Technologies from a “buy” rating to a “hold” rating and cut their price objective for the company from $79.00 to $48.00 in a report on Wednesday, November 7th. ValuEngine cut BWX Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, November 7th. Zacks Investment Research raised BWX Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, January 15th. Bank of America reduced their price objective on BWX Technologies from $70.00 to $58.00 and set a “neutral” rating for the company in a research note on Thursday, November 8th. Finally, TheStreet cut BWX Technologies from a “b” rating to a “c+” rating in a research note on Tuesday, November 13th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $58.00.

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BWX Technologies Profile

BWX Technologies, Inc manufactures and sells nuclear components to the United States government. The company operates in three segments: Nuclear Operations, Technical Services, and Nuclear Energy. The Nuclear Operations segment offers precision naval nuclear components and reactors; close-tolerance and equipment for nuclear applications; and components for defense applications, as well as critical nuclear components, fuels, and assemblies for government and other uses.

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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