AlphaStar Capital Management LLC Trims Stock Holdings in BWX Technologies, Inc. (NYSE:BWXT)

AlphaStar Capital Management LLC lowered its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 11.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,912 shares of the technology company’s stock after selling 241 shares during the period. AlphaStar Capital Management LLC’s holdings in BWX Technologies were worth $213,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Stone House Investment Management LLC lifted its holdings in shares of BWX Technologies by 76.2% during the 3rd quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock valued at $25,000 after acquiring an additional 99 shares in the last quarter. UMB Bank n.a. grew its stake in BWX Technologies by 729.0% in the third quarter. UMB Bank n.a. now owns 257 shares of the technology company’s stock worth $28,000 after purchasing an additional 226 shares in the last quarter. Quarry LP grew its position in shares of BWX Technologies by 93.6% in the 3rd quarter. Quarry LP now owns 271 shares of the technology company’s stock worth $29,000 after acquiring an additional 131 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new stake in BWX Technologies in the fourth quarter worth about $30,000. Finally, V Square Quantitative Management LLC acquired a new stake in shares of BWX Technologies during the third quarter worth $31,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on BWXT. Barclays lifted their target price on shares of BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a research note on Monday, December 16th. Truist Financial raised their target price on BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a report on Tuesday, January 14th. Bank of America lifted their price target on shares of BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Alembic Global Advisors raised 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. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, BWX Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $127.50.

BWX Technologies Stock Up 1.6 %

NYSE BWXT opened at $114.62 on Monday. BWX Technologies, Inc. has a twelve month low of $83.26 and a twelve month high of $136.31. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25. The stock has a market cap of $10.48 billion, a PE ratio of 37.95, a PEG ratio of 3.44 and a beta of 0.73. The firm has a 50-day simple moving average of $117.70 and a 200 day simple moving average of $113.43.

BWX Technologies Company 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.