Babcock & Wilcox Enterprises, Inc. (NYSE:BW) Shares Acquired by Barclays PLC

Barclays PLC increased its holdings in shares of Babcock & Wilcox Enterprises, Inc. (NYSE:BW) by 31,891.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,311 shares of the technology company’s stock after buying an additional 32,210 shares during the period. Barclays PLC’s holdings in Babcock & Wilcox Enterprises were worth $66,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Assenagon Asset Management S.A. lifted its stake in shares of Babcock & Wilcox Enterprises by 91.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,251,498 shares of the technology company’s stock valued at $4,593,000 after purchasing an additional 1,073,775 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in Babcock & Wilcox Enterprises by 2,372.3% in the third quarter. Jacobs Levy Equity Management Inc. now owns 727,262 shares of the technology company’s stock valued at $1,484,000 after buying an additional 697,845 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of Babcock & Wilcox Enterprises in the 2nd quarter valued at approximately $157,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Babcock & Wilcox Enterprises in the 2nd quarter valued at approximately $130,000. Finally, Renaissance Technologies LLC grew its holdings in shares of Babcock & Wilcox Enterprises by 8.3% in the 2nd quarter. Renaissance Technologies LLC now owns 1,075,138 shares of the technology company’s stock worth $1,559,000 after acquiring an additional 82,100 shares during the period. Institutional investors and hedge funds own 83.17% of the company’s stock.

Analyst Ratings Changes

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

Babcock & Wilcox Enterprises Price Performance

Babcock & Wilcox Enterprises stock opened at $1.63 on Friday. The firm’s fifty day moving average price is $1.91 and its 200 day moving average price is $1.76. Babcock & Wilcox Enterprises, Inc. has a 12-month low of $0.75 and a 12-month high of $2.99. The company has a market capitalization of $153.74 million, a price-to-earnings ratio of -1.96 and a beta of 1.73.

Babcock & Wilcox Enterprises 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.