Ibex Investors LLC increased its holdings in Babcock & Wilcox Enterprises Inc (NYSE:BW) by 78.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,302,076 shares of the technology company’s stock after acquiring an additional 573,081 shares during the period. Ibex Investors LLC owned about 0.77% of Babcock & Wilcox Enterprises worth $1,341,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sei Investments Co. raised its holdings in shares of Babcock & Wilcox Enterprises by 203.3% in the 2nd quarter. Sei Investments Co. now owns 48,212 shares of the technology company’s stock worth $115,000 after acquiring an additional 32,318 shares during the last quarter. HRT Financial LLC acquired a new stake in shares of Babcock & Wilcox Enterprises in the 2nd quarter worth about $116,000. Verition Fund Management LLC purchased a new stake in Babcock & Wilcox Enterprises in the 2nd quarter valued at about $132,000. Jane Street Group LLC increased its stake in Babcock & Wilcox Enterprises by 109.9% in the 2nd quarter. Jane Street Group LLC now owns 79,258 shares of the technology company’s stock valued at $189,000 after buying an additional 41,495 shares during the last quarter. Finally, NJ State Employees Deferred Compensation Plan purchased a new stake in Babcock & Wilcox Enterprises in the 2nd quarter valued at about $341,000. Institutional investors own 63.76% of the company’s stock.

Babcock & Wilcox Enterprises stock opened at $0.90 on Wednesday. Babcock & Wilcox Enterprises Inc has a twelve month low of $0.76 and a twelve month high of $7.66. The company has a quick ratio of 1.08, a current ratio of 1.20 and a debt-to-equity ratio of 3.53.

Babcock & Wilcox Enterprises (NYSE:BW) last released its earnings results on Thursday, November 8th. The technology company reported ($0.83) earnings per share for the quarter. Babcock & Wilcox Enterprises had a negative net margin of 45.90% and a negative return on equity of 457.13%. The company had revenue of $295.00 million for the quarter.

TRADEMARK VIOLATION WARNING: “Ibex Investors LLC Has $1.34 Million Position in Babcock & Wilcox Enterprises Inc (BW)” was originally published by Watch List News and is the property of of Watch List News. If you are reading this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/ibex-investors-llc-has-1-34-million-position-in-babcock-wilcox-enterprises-inc-bw/2662600.html.

Babcock & Wilcox Enterprises Company Profile

Babcock & Wilcox Enterprises, Inc provides fossil and renewable power generation and environmental equipment for the power and industrial markets worldwide. Its Power segment offers boiler cleaning and material handling equipment; and supercritical, subcritical, fluidized bed, chemical recovery, industrial power, package, and waste heat boilers, as well as heat recovery steam generators.

Featured Story: What are the risks of holding treasury bonds?

Want to see what other hedge funds are holding BW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Babcock & Wilcox Enterprises Inc (NYSE:BW).

Institutional Ownership by Quarter for Babcock & Wilcox Enterprises (NYSE:BW)

Receive News & Ratings for Babcock & Wilcox Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Babcock & Wilcox Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.