4 hours Ago By Defense World Staff
Renaissance Technologies LLC cut its holdings in shares of Babcock & Wilcox Enterprises, Inc. ( NYSE:BW – Free Report ) by 22.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The fund owned 582,734 shares of the technology company’s stock after selling 166,004 shares during the quarter. Renaissance Technologies LLC owned about 0.62% of Babcock & Wilcox Enterprises worth $956,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of BW. Raymond James Financial Inc. acquired a new position in Babcock & Wilcox Enterprises during the fourth quarter worth about $46,000.
Thompson Davis & CO. Inc. boosted its position in Babcock & Wilcox Enterprises by 50.
0% during the fourth quarter. Thompson Davis & CO. Inc.
now owns 30,000 shares of the technology company’s stock worth $49,000 after acquiring an additional 10,000 shares during the last quarter. Barclays PLC boosted its position in Babcock & Wilcox Enterprises by 31,891.1% during the third quarter.
Barclays PLC now owns 32,311 shares of the technology company’s stock worth $66,000 after acquiring an additional 32,210 shares during the last quarter. Charles Schwab Investment Management Inc. acquired a new position in Babcock & Wilcox Enterprises during the fourth quarter worth about $84,000.
Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Babcock & Wilcox Enterprises during the fourth quarter worth about $136,000.
83.17% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analyst Weigh In BW has been the topic of a number of analyst reports.
Lake Street Capital reduced their target price on shares of Babcock & Wilcox Enterprises from $8.00 to $5.00 and set a “buy” rating on the stock in a research note on Tuesday, April 1st.
StockNews.com initiated coverage on shares of Babcock & Wilcox Enterprises in a research note on Saturday, April 26th. They set a “sell” rating on the stock.
Finally, DA Davidson downgraded shares of Babcock & Wilcox Enterprises from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 7th. Babcock & Wilcox Enterprises Stock Performance Babcock & Wilcox Enterprises stock opened at $0.45 on Thursday.
The company’s 50 day simple moving average is $0.67 and its 200-day simple moving average is $1.43.
The company has a market capitalization of $44.16 million, a price-to-earnings ratio of -0.54 and a beta of 1.
46. Babcock & Wilcox Enterprises, Inc. has a 1 year low of $0.
22 and a 1 year high of $2.99. Babcock & Wilcox Enterprises ( NYSE:BW – Get Free Report ) last released its quarterly earnings results on Monday, March 31st.
The technology company reported ($0.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.
42). The firm had revenue of $200.80 million for the quarter, compared to analyst estimates of $213.
07 million. Babcock & Wilcox Enterprises Company Profile ( Free Report ) Babcock & Wilcox Enterprises, Inc engages in the provision of fossil and renewable power generation and environmental equipment. It operates through the following segments: B&W Renewable, B&W Environmental, and B&W Thermal.
The B&W Renewable segment supports a circular economy, diverting waste from landfills to use for power generation and replacing fossil fuels, while recovering metals and reducing emissions. Recommended Stories Five stocks we like better than Babcock & Wilcox Enterprises Investing in Travel Stocks Benefits Why D-Wave’s Project With Davidson Is a Game-Changer For Quantum How to Invest in Blue Chip Stocks Hims & Hers Stock Soars on Novo Nordisk Collaboration What is the Nasdaq? Complete Overview with History Amazon’s Earnings Will Make or Break the Stock’s Comeback Want to see what other hedge funds are holding BW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Babcock & Wilcox Enterprises, Inc.
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