BWX Technologies, Inc. Common S (NYSE:BWXT) has been the object of insider selling activity recently. Harbour Group, L.p. Blue, Director reported the sale of 3,295,098 shares. The shares were sold on June 7th for an average price of $47.43. Blue now owns $94,519,879 of the stock according to the SEC filing. Sr VP Joseph G. Henry disclosed the sale of 32,895 shares of BWXT stock. The shares were purchased at an average price of $50.10. The Sr VP now owns $1,284,514 of the stock per the Form 4 SEC filing.
James D. Canafax, Sr VP disclosed the sale of 4,500 shares of (BWXT). The shares were sold on March 15th for an average price of $46.49. The Sr VP now owns $2,538,354 of the stock according to the SEC filing.
BWX Technologies, Inc., launched on March 8, 2010, is a specialty manufacturer of nuclear components and a service provider. The Business’s businesses focus on the design, engineering and manufacture of precision naval nuclear components, reactors and nuclear fuel for the United States Government. Its segments include Nuclear Operations, Technical Services, Nuclear Energy and Other. It provides uranium processing and environmental site restoration services, as well as a range of products and services to customers in the nuclear power industry. Its Nuclear Operations segment engineers, designs and manufactures precision naval nuclear components and reactors for the United States Department of Energy (DOE)/National Nuclear Security Administration’s (NNSA) Naval Nuclear Propulsion Program. The Technical Services segment provides various services to the United States Government. Its Nuclear Energy segment designs, licenses, manufactures and delivers commercial nuclear steam generators, pressure vessels, reactor components, heat exchangers and other auxiliary equipment. The Business’s Other segment includes the mPower program..
These firms have also modified their investment in BWXT. Proficio Capital Partners LLC grew its holdings by buying 115 shares an increase of 138.6% in the quarter. Proficio Capital Partners LLC controls 198 shares worth $10,000. The total value of its holdings increased 233.3%. As of quarter end Morgan Stanley had disposed of 218 shares trimming its holdings by 3.2%. The value in dollars went from $271,000 to $314,000 a change of $43,000 quarter over quarter.
As of the end of the quarter Tower Research Capital LLC (trc) had bought a total of 580 shares growing its position 67.0%. The value of the investment in BWX Technologies, Inc. Common S increased from $34,000 to $69,000 increasing 102.9% for the reporting period. Goldman Sachs Group Inc divested its ownership by shedding 374 shares a decrease of 0.6% from 12/31/2016 to 03/31/2017. Goldman Sachs Group Inc owns 67,140 shares valued at $3,196,000. The value of the position overall is up by 19.3%.
Equity analyst Credit Suisse starting coverage on BWXT giving it an initial rating of “Neutral”. On November 18 the company was downgraded to “Neutral” from “” in a report from Bank of America.
On November 9 the stock rating was upgraded from “Hold” to “Buy” in an announcement from Drexel Hamilton. On April 1, 2016 Drexel Hamilton began coverage of the stock by announcing an initial rating of “Hold”.
On March 18 analysts at Sidoti & Co. started covering BWXT with a rating of “Buy”.
The company is now down since yesterday’s close of $48.09. Additionally BWX Technologies, Inc. Common S declared a dividend for shareholders which was paid on Tuesday the 6th of June 2017. The dividend payment was $0.095 per share for the quarter or $0.38 annualized. The dividend yield was $0.79. The ex-dividend date was Friday the 12th of May 2017.
Shares last traded at $47.92 slightly below $49.09, the 50 day moving average and marginally over the 200 day moving average of $44.53. The 50 day moving average went down by -2.39% and the 200 day average moved up $3.39.
BWX Technologies, Inc. Common S’s P/E ratio is 26.09 and the market cap is 4.75B. As of the latest earnings report the EPS was $1.84 and is expected to be $1.99 for the current year with 99,046,000 shares presently outstanding. Next quarter’s EPS is forecasted at $0.46 and the next full year EPS is projected to be $2.20.