Babcock & Wilcox Enterprises Inc (NYSE:BW) saw unusually large options trading activity on Tuesday. Traders bought 2,086 call options on the company. This represents an increase of 1,868% compared to the typical volume of 106 call options.

Shares of Babcock & Wilcox Enterprises (NYSE BW) opened at $6.88 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.17 and a debt-to-equity ratio of 0.67. The stock has a market cap of $303.06 and a PE ratio of -0.96. Babcock & Wilcox Enterprises has a fifty-two week low of $1.61 and a fifty-two week high of $17.31.

In other Babcock & Wilcox Enterprises news, major shareholder Steel Partners Holdings L.P. acquired 41,456 shares of Babcock & Wilcox Enterprises stock in a transaction dated Monday, February 12th. The stock was bought at an average cost of $5.90 per share, for a total transaction of $244,590.40. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 2.50% of the company’s stock.

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Babcock & Wilcox Enterprises by 8.0% in the 2nd quarter. Vanguard Group Inc. now owns 4,232,623 shares of the technology company’s stock valued at $49,776,000 after purchasing an additional 312,969 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Babcock & Wilcox Enterprises by 10.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,244,099 shares of the technology company’s stock valued at $26,391,000 after purchasing an additional 209,171 shares during the period. Steel Partners Holdings L.P. bought a new stake in shares of Babcock & Wilcox Enterprises in the 4th quarter valued at about $11,928,000. California Public Employees Retirement System raised its holdings in shares of Babcock & Wilcox Enterprises by 22.5% in the 4th quarter. California Public Employees Retirement System now owns 1,179,312 shares of the technology company’s stock valued at $6,698,000 after purchasing an additional 216,239 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its holdings in shares of Babcock & Wilcox Enterprises by 55.8% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,042,918 shares of the technology company’s stock valued at $5,924,000 after purchasing an additional 373,361 shares during the period. 65.17% of the stock is currently owned by institutional investors.

Separately, Zacks Investment Research upgraded shares of Babcock & Wilcox Enterprises from a “sell” rating to a “hold” rating in a research note on Tuesday, January 9th. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $7.18.

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Babcock & Wilcox Enterprises Company Profile

Babcock & Wilcox Enterprises, Inc is a technology-based provider of fossil and renewable power generation and environmental equipment that includes a suite of boiler products and environmental systems, and services for power and industrial uses. The Company operates in three segments: Power, Renewable and Industrial.

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