Balboa Wealth Partners Has $35,000 Stock Holdings in Babcock & Wilcox Enterprises, Inc. (NYSE:BW)

Balboa Wealth Partners decreased its position in Babcock & Wilcox Enterprises, Inc. (NYSE:BW) by 28.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 16,960 shares of the technology company’s stock after selling 6,750 shares during the period. Balboa Wealth Partners’ holdings in Babcock & Wilcox Enterprises were worth $35,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Delta Financial Group Inc. lifted its position in Babcock & Wilcox Enterprises by 90.9% during the 3rd quarter. Delta Financial Group Inc. now owns 21,000 shares of the technology company’s stock worth $43,000 after buying an additional 10,000 shares in the last quarter. GSA Capital Partners LLP raised its holdings in Babcock & Wilcox Enterprises by 1.5% during the third quarter. GSA Capital Partners LLP now owns 1,469,620 shares of the technology company’s stock worth $2,998,000 after acquiring an additional 21,694 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in Babcock & Wilcox Enterprises during the first quarter valued at approximately $26,000. Point72 DIFC Ltd bought a new position in Babcock & Wilcox Enterprises in the second quarter valued at approximately $42,000. Finally, Verus Capital Partners LLC acquired a new position in shares of Babcock & Wilcox Enterprises during the 3rd quarter worth approximately $73,000. 83.17% of the stock is currently owned by institutional investors.

Babcock & Wilcox Enterprises Stock Performance

NYSE:BW opened at $1.77 on Friday. Babcock & Wilcox Enterprises, Inc. has a 52 week low of $0.75 and a 52 week high of $2.99. The firm’s 50-day simple moving average is $2.07 and its 200 day simple moving average is $1.60. The firm has a market cap of $166.95 million, a price-to-earnings ratio of -2.13 and a beta of 1.73.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Babcock & Wilcox Enterprises from a “sell” rating to a “hold” rating in a research note on Thursday, August 15th.

Babcock & Wilcox Enterprises Profile

Babcock & Wilcox Enterprises, Inc, together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers worldwide. The company operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal.