14,517 Shares in BWX Technologies, Inc. (NYSE:BWXT) Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has acquired 14,517 shares of BWX Technologies, Inc., valued at approximately $1.43 million, during the first quarter.
• BWX Technologies reported a 13% increase in revenue year-over-year, with EPS of $0.91, surpassing analyst expectations.
• Wall Street analysts have given BWX Technologies an average rating of "Moderate Buy", with a current consensus price target of $137.94.

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 14,517 shares of the technology company's stock, valued at approximately $1,432,000.

A number of other institutional investors also recently bought and sold shares of BWXT. LPL Financial LLC raised its holdings in BWX Technologies by 69.4% in the 4th quarter. LPL Financial LLC now owns 54,552 shares of the technology company's stock worth $6,077,000 after purchasing an additional 22,340 shares during the period. JPMorgan Chase & Co. raised its holdings in BWX Technologies by 6.8% in the 4th quarter. JPMorgan Chase & Co. now owns 290,653 shares of the technology company's stock worth $32,376,000 after purchasing an additional 18,382 shares during the period. Pictet Asset Management Holding SA raised its holdings in BWX Technologies by 12.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 13,532 shares of the technology company's stock worth $1,507,000 after purchasing an additional 1,478 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in BWX Technologies by 14.5% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 4,437 shares of the technology company's stock worth $494,000 after purchasing an additional 561 shares during the period. Finally, Trexquant Investment LP raised its holdings in BWX Technologies by 172.8% in the 4th quarter. Trexquant Investment LP now owns 75,624 shares of the technology company's stock worth $8,424,000 after purchasing an additional 47,900 shares during the period. 94.39% of the stock is owned by institutional investors.

BWX Technologies Price Performance

Shares of BWXT stock traded down $2.34 during trading hours on Friday, hitting $149.59. The stock had a trading volume of 1,375,786 shares, compared to its average volume of 944,505. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $153.53. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.02 and a quick ratio of 1.91. The stock's 50-day moving average price is $138.70 and its two-hundred day moving average price is $117.72. The stock has a market capitalization of $13.67 billion, a price-to-earnings ratio of 47.64, a PEG ratio of 3.84 and a beta of 0.73.

BWX Technologies (NYSE:BWXT - Get Free Report) last issued its earnings results on Monday, May 5th. The technology company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.18. BWX Technologies had a return on equity of 30.26% and a net margin of 10.39%. The firm had revenue of $682.26 million for the quarter, compared to analysts' expectations of $644.15 million. During the same period in the previous year, the firm posted $0.76 earnings per share. The business's revenue was up 13.0% compared to the same quarter last year. Equities analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, May 19th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, May 19th. BWX Technologies's payout ratio is 31.85%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Maxim Group cut their price target on BWX Technologies from $140.00 to $136.00 and set a "buy" rating for the company in a research note on Thursday, May 8th. CLSA reiterated an "outperform" rating and issued a $177.60 price target (up previously from $153.00) on shares of BWX Technologies in a research note on Tuesday, May 27th. William Blair reiterated an "outperform" rating on shares of BWX Technologies in a research note on Wednesday, June 18th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $150.00 price target (up previously from $119.00) on shares of BWX Technologies in a research note on Tuesday, July 8th. Finally, Wall Street Zen upgraded BWX Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, July 12th. One analyst has rated the stock with a sell rating, two have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $137.94.

About BWX Technologies

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.