Picton Mahoney Asset Management grew its holdings in BWX Technologies Inc (NYSE:BWXT) by 20.3% in the 4th quarter, HoldingsChannel reports. The fund owned 127,250 shares of the technology company’s stock after purchasing an additional 21,500 shares during the quarter. Picton Mahoney Asset Management’s holdings in BWX Technologies were worth $7,698,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. ZWJ Investment Counsel Inc. boosted its holdings in shares of BWX Technologies by 2.3% during the 4th quarter. ZWJ Investment Counsel Inc. now owns 231,270 shares of the technology company’s stock worth $13,990,000 after buying an additional 5,289 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of BWX Technologies by 39.3% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,272 shares of the technology company’s stock worth $319,000 after buying an additional 1,488 shares during the period. Jennison Associates LLC bought a new stake in shares of BWX Technologies during the 4th quarter worth $29,508,000. APG Asset Management N.V. bought a new stake in shares of BWX Technologies during the 4th quarter worth $3,012,000. Finally, Cerebellum GP LLC bought a new stake in shares of BWX Technologies during the 4th quarter worth $128,000. 95.42% of the stock is owned by institutional investors.

BWXT has been the subject of several recent analyst reports. Robert W. Baird initiated coverage on shares of BWX Technologies in a report on Tuesday, October 24th. They set an “outperform” rating and a $70.00 price objective for the company. BidaskClub raised shares of BWX Technologies from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 26th. Zacks Investment Research downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. ValuEngine downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Wells Fargo & Co initiated coverage on shares of BWX Technologies in a report on Monday, December 11th. They set a “market perform” rating and a $65.00 price objective for the company. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $65.88.

In related news, CFO David S. Black sold 1,000 shares of the company’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $61.88, for a total transaction of $61,880.00. Following the completion of the transaction, the chief financial officer now directly owns 62,979 shares in the company, valued at approximately $3,897,140.52. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman John A. Fees sold 21,453 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $60.21, for a total transaction of $1,291,685.13. Following the transaction, the chairman now owns 87,919 shares of the company’s stock, valued at $5,293,602.99. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 24,453 shares of company stock valued at $1,475,045. Corporate insiders own 0.76% of the company’s stock.

BWX Technologies Inc (BWXT) opened at $63.76 on Friday. The company has a market cap of $6,270.00, a price-to-earnings ratio of 32.04, a P/E/G ratio of 2.47 and a beta of 0.50. BWX Technologies Inc has a one year low of $41.38 and a one year high of $64.92. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.81 and a current ratio of 1.81.

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BWX Technologies Profile

BWX Technologies, Inc is a manufacturer of nuclear components and a service provider. The Company’s businesses focus on the design, engineering and manufacture of precision naval nuclear components, reactors and nuclear fuel for the United States Government. Its segments include Nuclear Operations, Technical Services, Nuclear Energy and Other.

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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