Cantor Fitzgerald Investment Advisors L.P. Reduces Stock Holdings in BWX Technologies, Inc. (NYSE:BWXT)

Cantor Fitzgerald Investment Advisors L.P. lowered its stake in BWX Technologies, Inc. (NYSE:BWXT) by 72.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,510 shares of the technology company’s stock after selling 9,162 shares during the quarter. Cantor Fitzgerald Investment Advisors L.P.’s holdings in BWX Technologies were worth $391,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Stone House Investment Management LLC lifted its position in shares of BWX Technologies by 76.2% during the third quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock worth $25,000 after purchasing an additional 99 shares in the last quarter. UMB Bank n.a. raised its holdings in 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 in the last quarter. Quarry LP raised its holdings in 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 acquired a new stake in BWX Technologies in the fourth quarter valued at approximately $30,000. Finally, V Square Quantitative Management LLC acquired a new stake in BWX Technologies in the third quarter valued at approximately $31,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Trading Up 1.6 %

NYSE:BWXT opened at $114.62 on Friday. The company has a market capitalization of $10.48 billion, a PE ratio of 37.95, a price-to-earnings-growth ratio of 3.44 and a beta of 0.73. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15. BWX Technologies, Inc. has a 52-week low of $83.26 and a 52-week high of $136.31. The stock has a fifty day simple moving average of $117.70 and a 200-day simple moving average of $113.28.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on BWXT. Deutsche Bank Aktiengesellschaft raised their target price on shares of BWX Technologies from $129.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Bank of America raised their target price on shares of BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, November 14th. StockNews.com lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Maxim Group increased their price target on shares of BWX Technologies from $138.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Finally, Alembic Global Advisors upgraded shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price target on the stock in a research note on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, BWX Technologies has an average rating of “Moderate Buy” and a consensus 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.