Paradoxiom Capital L.P. Invests $9.47 Million in BWX Technologies, Inc. (NYSE:BWXT)

Paradoxiom Capital L.P. acquired a new stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 84,999 shares of the technology company's stock, valued at approximately $9,468,000. BWX Technologies makes up 3.9% of Paradoxiom Capital L.P.'s holdings, making the stock its 7th largest holding. Paradoxiom Capital L.P. owned approximately 0.09% of BWX Technologies as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Demars Financial Group LLC increased its stake in shares of BWX Technologies by 9,309.0% during the fourth quarter. Demars Financial Group LLC now owns 4,482,439 shares of the technology company's stock valued at $499,299,000 after buying an additional 4,434,799 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of BWX Technologies during the fourth quarter worth about $69,730,000. Balyasny Asset Management L.P. boosted its stake in BWX Technologies by 204.8% during the fourth quarter. Balyasny Asset Management L.P. now owns 916,323 shares of the technology company's stock valued at $102,069,000 after buying an additional 615,693 shares during the last quarter. Stephens Investment Management Group LLC bought a new position in BWX Technologies during the fourth quarter valued at approximately $50,054,000. Finally, Van ECK Associates Corp boosted its stake in BWX Technologies by 46.7% during the fourth quarter. Van ECK Associates Corp now owns 1,408,736 shares of the technology company's stock valued at $156,919,000 after buying an additional 448,467 shares during the last quarter. Institutional investors own 94.39% of the company's stock.

Insider Buying and Selling at BWX Technologies

In other BWX Technologies news, SVP Robert L. Duffy sold 6,000 shares of the company's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $104.03, for a total value of $624,180.00. Following the transaction, the senior vice president now directly owns 3,206 shares of the company's stock, valued at $333,520.18. This represents a 65.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Ronald Owen Whitford, Jr. sold 2,000 shares of BWX Technologies stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $104.92, for a total transaction of $209,840.00. Following the completion of the sale, the senior vice president now directly owns 9,904 shares of the company's stock, valued at approximately $1,039,127.68. The trade was a 16.80% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 53,625 shares of company stock valued at $5,734,145 in the last ninety days. Insiders own 0.47% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Bank of America dropped their target price on BWX Technologies from $160.00 to $135.00 and set a "buy" rating for the company in a report on Wednesday, March 26th. Maxim Group dropped their target price on BWX Technologies from $140.00 to $136.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Finally, Seaport Res Ptn upgraded BWX Technologies to a "strong-buy" rating in a report on Tuesday, April 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $123.88.

BWX Technologies Stock Performance

Shares of NYSE BWXT traded up $0.35 during midday trading on Monday, reaching $109.79. 147,841 shares of the company were exchanged, compared to its average volume of 800,476. BWX Technologies, Inc. has a 1 year low of $84.21 and a 1 year high of $136.31. The stock has a fifty day simple moving average of $103.21 and a 200 day simple moving average of $111.96. The stock has a market cap of $10.03 billion, a P/E ratio of 36.36, a PEG ratio of 3.20 and a beta of 0.66. 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 (NYSE:BWXT - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The technology company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.18. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. The company had revenue of $682.26 million during the quarter, compared to the consensus estimate of $644.15 million. During the same period in the previous year, the firm posted $0.76 EPS. BWX Technologies's revenue was up 13.0% on a year-over-year basis. On average, research analysts forecast that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Monday, May 19th will be given a $0.25 dividend. The ex-dividend date is Monday, May 19th. This represents a $1.00 dividend on an annualized basis and a yield of 0.91%. BWX Technologies's payout ratio is currently 31.85%.

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.