Stephens Inc. AR Has $1.84 Million Holdings in BWX Technologies, Inc. (NYSE:BWXT)

Stephens Inc. AR boosted its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 14.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,530 shares of the technology company’s stock after purchasing an additional 2,097 shares during the period. Stephens Inc. AR’s holdings in BWX Technologies were worth $1,841,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC boosted its position in shares of BWX Technologies by 92.5% during the third quarter. CWM LLC now owns 2,605 shares of the technology company’s stock worth $283,000 after buying an additional 1,252 shares during the period. UMB Bank n.a. lifted its stake in BWX Technologies by 729.0% in the 3rd quarter. UMB Bank n.a. now owns 257 shares of the technology company’s stock valued at $28,000 after acquiring an additional 226 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in BWX Technologies by 39.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 12,928 shares of the technology company’s stock worth $1,405,000 after acquiring an additional 3,630 shares during the last quarter. Compass Wealth Management LLC bought a new position in shares of BWX Technologies during the 3rd quarter worth approximately $3,456,000. Finally, V Square Quantitative Management LLC acquired a new stake in shares of BWX Technologies in the third quarter valued at approximately $31,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. StockNews.com cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th. Bank of America raised their price objective on BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, November 14th. Alembic Global Advisors upgraded BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 target price on the stock in a report on Tuesday, November 12th. Maxim Group increased their price target on BWX Technologies from $138.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Finally, Barclays boosted their price target on BWX Technologies from $90.00 to $105.00 and gave the stock an “underweight” rating in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $127.50.

BWX Technologies Stock Performance

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. BWX Technologies, Inc. has a 12-month low of $83.71 and a 12-month high of $136.31. The business has a 50 day moving average of $116.63 and a 200-day moving average of $113.60. The stock has a market cap of $10.01 billion, a price-to-earnings ratio of 36.25, a PEG ratio of 3.44 and a beta of 0.73.

About BWX Technologies

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.