BWX Technologies Inc (BWXT) : Investment Management Of Virginia reduced its stake in BWX Technologies Inc by 15.08% during the most recent quarter end. The investment management company now holds a total of 216,202 shares of BWX Technologies Inc which is valued at $8,189,732 after selling 38,398 shares in BWX Technologies Inc , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.BWX Technologies Inc makes up approximately 2.07% of Investment Management Of Virginia’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc sold out all of its stake in BWXT during the most recent quarter. The investment firm sold 803 shares of BWXT which is valued $30,418.Creative Planning boosted its stake in BWXT in the latest quarter, The investment management firm added 612 additional shares and now holds a total of 1,627 shares of BWX Technologies Inc which is valued at $61,484. Cutler Group Lp added BWXT to its portfolio by purchasing 2 company shares during the most recent quarter which is valued at $77.
BWX Technologies Inc closed down -0.8 points or -2.07% at $37.79 with 5,10,918 shares getting traded on Tuesday. Post opening the session at $38.52, the shares hit an intraday low of $37.57 and an intraday high of $38.62 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
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.