Since its 52-week low, Babcock & Wilcox Enterprises, Inc. (BW) has marched up 183.85%

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) enjoyed a 183.85% run-up in share price since hitting record low of $1.61. The stock managed -5.77% fall and now stands at $4.57 as of 11/28/2017. At recent session, the prices were hovering between $4.455 and $4.88. This company shares are 12.47% off its target price of $5.14 and the current market capitalization stands at $211.13M. The recent change has given its price a 13.48% lead over SMA 50 and -74.21% deficit over its 52-week high. The stock witnessed 12.01% gains, 116.59% gains and -57.09% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BW’s volatility during a week at 7.16% and during a month it has been found around 7.65%.

Babcock & Wilcox Enterprises, Inc. (BW) Top Holders

Institutional investors currently hold around $139 million or 81.6% in BW stock. Look at its top three institutional owners. Blackrock Inc. owns $17.66 million in Babcock & Wilcox Enterprises, Inc., which represents roughly 8.36% of the company’s market cap and approximately 12.7% of the institutional ownership. Similar statistics are true for the second largest owner, Lonestar Capital Management Llc, which owns 3,264,000 shares of the stock are valued at $15.83 million. The third largest holder is Vanguard Group Inc, which currently holds $15.41 million worth of this stock and that ownership represents nearly 7.3% of its market capitalization.

Babcock & Wilcox Enterprises, Inc. 13F Filings

At the end of 09/30/2017 reporting period, 69 institutional holders increased their position in Babcock & Wilcox Enterprises, Inc. (NYSE:BW) by some 11,048,444 shares, 73 decreased positions by 29,132,465 and 16 held positions by -11,542,454. That puts total institutional holdings at 28,638,455 shares, according to SEC filings. The stock grabbed 29 new institutional investments totaling 7,036,242 shares while 39 institutional investors sold out their entire positions totaling 17,673,021 shares.

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) Insider Trades

Multiple company employees have indulged in significant insider trading. Babcock & Wilcox Enterprises, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Vintage Capital Management Llc has acquired 1,686,945 shares of Babcock & Wilcox Enterprises, Inc. (BW) in trading session dated Sep. 14, 2017. These shares are worth $5,229,530 and were traded at $3.1 each. The SEC filing shows that Ferland E James Jr performed a purchase of 20,000 shares. The Chairman and CEO added these shares by way of transaction on Mar. 09, 2017. The company’s shares were assimilated at $9.62 per share worth to an investment of some $192,400 on account of Ferland E James Jr.

Chairman and CEO, Ferland E James Jr, purchased 20,000 common shares of Babcock & Wilcox Enterprises, Inc. (BW) in the open market. In a transaction dated Mar. 09, 2017, the shares were bought at an average price of $9.62, giving away a sum of $192,400. After this purchase, 240,545 common shares of BW are directly owned by the insider, with total stake valued at $1,099,291.

In the transaction dated Nov. 07, 2016, the great number of shares acquired came courtesy the Chairman and CEO; Ferland E James Jr added a total of 15,000 shares at an average price of $13.81, amounting to approximately $207,150. The insider now directly owns 188,664 shares worth $862,194.

Babcock & Wilcox Enterprises, Inc. (BW) Analyst Guide

Several analysts have released their opinion on Babcock & Wilcox Enterprises, Inc. (NYSE:BW), with 0 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 3 average brokerage recommendation.

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