Wilmington Savings Fund Society FSB Sells 319 Shares of BWX Technologies, Inc. (NYSE:BWXT)

Wilmington Savings Fund Society FSB lowered its stake in BWX Technologies, Inc. (NYSE:BWXT) by 15.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,800 shares of the technology company’s stock after selling 319 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in BWX Technologies were worth $201,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of BWXT. CIBC Asset Management Inc raised its position in BWX Technologies by 3.4% during the third quarter. CIBC Asset Management Inc now owns 2,667 shares of the technology company’s stock worth $290,000 after acquiring an additional 87 shares in the last quarter. HHM Wealth Advisors LLC increased its holdings in shares of BWX Technologies by 45.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company’s stock valued at $32,000 after purchasing an additional 90 shares during the last quarter. Stone House Investment Management LLC increased its holdings in shares of BWX Technologies by 76.2% in the third quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock valued at $25,000 after purchasing an additional 99 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of BWX Technologies by 15.4% in the fourth quarter. AdvisorNet Financial Inc now owns 779 shares of the technology company’s stock valued at $87,000 after acquiring an additional 104 shares in the last quarter. Finally, Fulcrum Equity Management grew its stake in shares of BWX Technologies by 4.0% in the third quarter. Fulcrum Equity Management now owns 3,337 shares of the technology company’s stock valued at $363,000 after acquiring an additional 127 shares in the last quarter. Institutional investors own 94.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BWXT. Bank of America upped their price target on shares of BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. StockNews.com downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft increased their target price on shares of BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Barclays increased their target price on shares of BWX Technologies from $90.00 to $105.00 and gave the stock an “underweight” rating in a report on Monday, December 16th. Finally, Alembic Global Advisors upgraded shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price objective for the company in a report on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, BWX Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $127.50.

BWX Technologies Trading Down 2.2 %

Shares of BWXT opened at $109.48 on Thursday. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15. The business’s 50-day moving average price is $116.63 and its 200-day moving average price is $113.60. The stock has a market cap of $10.01 billion, a PE ratio of 36.25, a P/E/G ratio of 3.44 and a beta of 0.73. BWX Technologies, Inc. has a twelve month low of $83.71 and a twelve month high of $136.31.

BWX Technologies Profile

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.