AlphaStar Capital Management LLC Sells 241 Shares of BWX Technologies, Inc. (NYSE:BWXT)

AlphaStar Capital Management LLC decreased its stake in BWX Technologies, Inc. (NYSE:BWXT) by 11.2% during the 4th quarter, HoldingsChannel reports. The institutional investor 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 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CIBC Asset Management Inc increased its position in shares of BWX Technologies by 3.4% in the 3rd quarter. CIBC Asset Management Inc now owns 2,667 shares of the technology company’s stock valued at $290,000 after buying an additional 87 shares in the last quarter. HHM Wealth Advisors LLC increased its holdings in shares of BWX Technologies by 45.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company’s stock worth $32,000 after acquiring an additional 90 shares in the last quarter. Stone House Investment Management LLC raised its position in shares of BWX Technologies by 76.2% during the third quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock worth $25,000 after purchasing an additional 99 shares during the period. AdvisorNet Financial Inc lifted its holdings in shares of BWX Technologies by 15.4% during the 4th quarter. AdvisorNet Financial Inc now owns 779 shares of the technology company’s stock valued at $87,000 after purchasing an additional 104 shares in the last quarter. Finally, Fulcrum Equity Management grew its position in shares of BWX Technologies by 4.0% in the 3rd quarter. Fulcrum Equity Management now owns 3,337 shares of the technology company’s stock valued at $363,000 after purchasing an additional 127 shares during the period. Institutional investors own 94.39% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Barclays increased their price objective on shares of BWX Technologies from $90.00 to $105.00 and gave the stock an “underweight” rating in a research report on Monday, December 16th. Maxim Group lifted their price target on BWX Technologies from $138.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, January 10th. StockNews.com cut BWX Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th. Truist Financial lifted their target price on BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a research report on Tuesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $127.50.

BWX Technologies Stock Up 1.6 %

BWXT opened at $114.62 on Monday. The stock’s fifty day simple moving average is $117.70 and its 200 day simple moving average is $113.43. BWX Technologies, Inc. has a 1-year low of $83.26 and a 1-year high of $136.31. The stock has a market cap of $10.48 billion, a PE ratio of 37.95, a price-to-earnings-growth ratio of 3.44 and a beta of 0.73. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 1.15.

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.