Thompson Davis & CO. Inc. Purchases 10,000 Shares of Babcock & Wilcox Enterprises, Inc. (NYSE:BW)

Thompson Davis & CO. Inc. increased its position in Babcock & Wilcox Enterprises, Inc. (NYSE:BW) by 50.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,000 shares of the technology company’s stock after buying an additional 10,000 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in Babcock & Wilcox Enterprises were worth $49,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Hilltop Holdings Inc. purchased a new position in Babcock & Wilcox Enterprises in the 3rd quarter worth approximately $49,000. Barclays PLC increased its stake in Babcock & Wilcox Enterprises by 31,891.1% in the 3rd quarter. Barclays PLC now owns 32,311 shares of the technology company’s stock worth $66,000 after purchasing an additional 32,210 shares during the period. Verus Capital Partners LLC purchased a new position in Babcock & Wilcox Enterprises in the 3rd quarter worth approximately $73,000. Walleye Capital LLC purchased a new position in Babcock & Wilcox Enterprises in the 3rd quarter worth approximately $117,000. Finally, Equitec Proprietary Markets LLC increased its stake in Babcock & Wilcox Enterprises by 1,449.3% in the 4th quarter. Equitec Proprietary Markets LLC now owns 255,100 shares of the technology company’s stock worth $418,000 after purchasing an additional 238,635 shares during the period. Institutional investors own 83.17% of the company’s stock.

Babcock & Wilcox Enterprises Trading Down 4.6 %

BW opened at $1.15 on Friday. The stock has a fifty day simple moving average of $1.51 and a two-hundred day simple moving average of $1.70. The company has a market cap of $108.00 million, a price-to-earnings ratio of -1.38 and a beta of 1.73. Babcock & Wilcox Enterprises, Inc. has a 12-month low of $0.75 and a 12-month high of $2.99.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Babcock & Wilcox Enterprises from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd.

Babcock & Wilcox Enterprises Company Profile

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.