OLD National Bancorp IN Grows Holdings in BWX Technologies Inc (BWXT)
OLD National Bancorp IN raised its position in BWX Technologies Inc (NYSE:BWXT) by 65.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,299 shares of the technology company’s stock after acquiring an additional 4,468 shares during the quarter. OLD National Bancorp IN’s holdings in BWX Technologies were worth $683,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BWXT. Cerebellum GP LLC acquired a new position in shares of BWX Technologies during the fourth quarter worth about $128,000. First Manhattan Co. acquired a new position in shares of BWX Technologies during the fourth quarter worth about $184,000. CIBC Asset Management Inc acquired a new position in shares of BWX Technologies during the fourth quarter worth about $204,000. Quantbot Technologies LP grew its position in shares of BWX Technologies by 37.9% during the third quarter. Quantbot Technologies LP now owns 3,382 shares of the technology company’s stock worth $189,000 after buying an additional 929 shares in the last quarter. Finally, Oakbrook Investments LLC acquired a new position in shares of BWX Technologies during the fourth quarter worth about $209,000. 94.54% of the stock is owned by institutional investors.
BWX Technologies Inc (NYSE BWXT) opened at $61.91 on Wednesday. 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 $6,152.09, a P/E ratio of 30.49, a P/E/G ratio of 2.37 and a beta of 0.50. BWX Technologies Inc has a fifty-two week low of $41.90 and a fifty-two week high of $64.92.
A number of equities analysts have recently commented on the company. Zacks Investment Research raised BWX Technologies from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a research report on Friday, January 26th. SunTrust Banks reissued a “buy” rating and set a $70.00 price objective on shares of BWX Technologies in a research report on Friday, January 19th. Wells Fargo & Co assumed coverage on BWX Technologies in a research report on Monday, December 11th. They set a “market perform” rating and a $65.00 price objective for the company. ValuEngine downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Seaport Global Securities began coverage on BWX Technologies in a report on Wednesday, January 10th. They issued a “buy” rating and a $72.00 price target for the company. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $65.88.
COPYRIGHT VIOLATION NOTICE: This piece of content was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2018/02/14/old-national-bancorp-in-grows-holdings-in-bwx-technologies-inc-bwxt.html.
BWX Technologies Company 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.
Want to see what other hedge funds are holding BWXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BWX Technologies Inc (NYSE:BWXT).
Receive News & Ratings for BWX Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BWX Technologies and related companies with MarketBeat.com's FREE daily email newsletter.