Golden State Wealth Management LLC Purchases Shares of 3,575 BWX Technologies, Inc. (NYSE:BWXT)

Golden State Wealth Management LLC acquired a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,575 shares of the technology company’s stock, valued at approximately $398,000.

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

BWX Technologies Stock Performance

NYSE:BWXT opened at $114.62 on Friday. BWX Technologies, Inc. has a twelve month low of $83.26 and a twelve month high of $136.31. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15. The stock’s 50-day simple moving average is $118.02 and its 200 day simple moving average is $113.21. The firm has a market capitalization of $10.48 billion, a PE ratio of 37.95, a price-to-earnings-growth ratio of 3.45 and a beta of 0.73.

Analyst Ratings Changes

BWXT has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft increased 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. Alembic Global Advisors raised BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price target on the stock in a research report on Tuesday, November 12th. Bank of America lifted 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. Maxim Group increased their target price on BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, StockNews.com downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $127.50.

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.