ETRADE Capital Management LLC cut its stake in BWX Technologies, Inc. (NYSE:BWXT) by 3.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,306 shares of the company’s stock after selling 1,210 shares during the period. ETRADE Capital Management LLC’s holdings in BWX Technologies were worth $1,316,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of BWXT. ZWJ Investment Counsel Inc. raised its stake in shares of BWX Technologies by 4.7% in the second quarter. ZWJ Investment Counsel Inc. now owns 120,442 shares of the company’s stock valued at $4,309,000 after buying an additional 5,432 shares during the period. Burgundy Asset Management Ltd. raised its stake in shares of BWX Technologies by 6.3% in the second quarter. Burgundy Asset Management Ltd. now owns 4,006,001 shares of the company’s stock valued at $143,295,000 after buying an additional 236,228 shares during the period. Carlson Capital L P raised its stake in shares of BWX Technologies by 7.1% in the second quarter. Carlson Capital L P now owns 781,764 shares of the company’s stock valued at $27,964,000 after buying an additional 51,729 shares during the period. Numeric Investors LLC raised its stake in shares of BWX Technologies by 119.3% in the second quarter. Numeric Investors LLC now owns 604,600 shares of the company’s stock valued at $21,627,000 after buying an additional 328,900 shares during the period. Finally, Metropolitan Life Insurance Co. NY raised its stake in shares of BWX Technologies by 71.4% in the second quarter. Metropolitan Life Insurance Co. NY now owns 7,014 shares of the company’s stock valued at $251,000 after buying an additional 2,921 shares during the period. Institutional investors and hedge funds own 98.19% of the company’s stock.

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

Shares of BWX Technologies, Inc. (NYSE:BWXT) opened at 42.43 on Friday. BWX Technologies, Inc. has a one year low of $29.14 and a one year high of $42.79. The stock has a market capitalization of $4.21 billion, a price-to-earnings ratio of 30.48 and a beta of 0.36. The firm has a 50-day moving average of $41.17 and a 200 day moving average of $39.34.

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BWXT has been the subject of several research analyst reports. TheStreet lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, November 1st. Drexel Hamilton upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a report on Wednesday, November 9th. Bank of America Corporation lowered shares of BWX Technologies from a “buy” rating to a “neutral” rating in a report on Friday, November 18th. Zacks Investment Research upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a report on Monday, December 19th. Finally, SunTrust Banks, Inc. initiated coverage on shares of BWX Technologies in a report on Thursday, January 19th. They issued a “buy” rating and a $46.00 price objective for the company. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. BWX Technologies presently has a consensus rating of “Buy” and a consensus price target of $44.75.

In other news, SVP James D. Canafax sold 4,500 shares of the business’s stock in a transaction dated Tuesday, January 17th. The shares were sold at an average price of $40.85, for a total value of $183,825.00. Following the sale, the senior vice president now directly owns 49,600 shares in the company, valued at approximately $2,026,160. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.86% of the company’s stock.

BWX Technologies Company Profile

BWX Technologies, Inc, formerly The Babcock & Wilcox Company, 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.

5 Day Chart for NYSE:BWXT

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