Cardinal Capital Management Ct buys $83,300,004 stake in BWX Technologies Inc (BWXT)

BWX Technologies Inc (BWXT) : Cardinal Capital Management Ct scooped up 74,409 additional shares in BWX Technologies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 2,170,967 shares of BWX Technologies Inc which is valued at $83,300,004.BWX Technologies Inc makes up approximately 4.00% of Cardinal Capital Management Ct’s portfolio.

Other Hedge Funds, Including , Point72 Asia (hong Kong) Ltd added BWXT to its portfolio by purchasing 200 company shares during the most recent quarter which is valued at $7,674. BWX Technologies Inc makes up approx 0.01% of Point72 Asia (hong Kong) Ltd’s portfolio.Ancora Advisors reduced its stake in BWXT by selling 364 shares or 0.31% in the most recent quarter. The Hedge Fund company now holds 117,359 shares of BWXT which is valued at $4,503,065. BWX Technologies Inc makes up approx 0.51% of Ancora Advisors’s portfolio.Fil Ltd boosted its stake in BWXT in the latest quarter, The investment management firm added 110,173 additional shares and now holds a total of 506,212 shares of BWX Technologies Inc which is valued at $19,423,354. BWX Technologies Inc makes up approx 0.06% of Fil Ltd’s portfolio.New York State Common Retirement Fund reduced its stake in BWXT by selling 7,000 shares or 2.88% in the most recent quarter. The Hedge Fund company now holds 236,200 shares of BWXT which is valued at $9,062,994. BWX Technologies Inc makes up approx 0.01% of New York State Common Retirement Fund’s portfolio. Twin Capital Management Inc added BWXT to its portfolio by purchasing 49,820 company shares during the most recent quarter which is valued at $1,907,608. BWX Technologies Inc makes up approx 0.14% of Twin Capital Management Inc’s portfolio.

BWX Technologies Inc opened for trading at $38.87 and hit $39.18 on the upside on Thursday, eventually ending the session at $39.12, with a gain of 0.80% or 0.31 points. The heightened volatility saw the trading volume jump to 6,77,975 shares. Company has a market cap of $4,046 M.

On the company’s financial health, BWX Technologies Inc reported $0.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 8, 2016. Analyst had a consensus of $0.38. The company had revenue of $402.38 million for the quarter, compared to analysts expectations of $367.06 million. The company’s revenue was up 12.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.

BWX Technologies Inc. formerly The Babcock & Wilcox Company is a technology innovator in power generation systems a constructor of nuclear components and a service provider in its segments. The Company operates in five business segments: Power Generation Nuclear Operations Technical Services Nuclear Energy and mPower. The Power Generation segment supplies boilers fired with fossil fuels oil and natural gas or renewable fuels. The Nuclear Operations segment engineers design and manufacture precision naval nuclear components and reactors. The Technical Services segment provides uranium processing environmental site restoration services and management services. The mPower segment is developing the B&W mPower reactor and the associated mPower Plant.

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