Barclays PLC Grows Stake in Babcock & Wilcox Enterprises, Inc. (NYSE:BW)

Barclays PLC boosted its stake in shares of Babcock & Wilcox Enterprises, Inc. (NYSE:BW) by 31,891.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,311 shares of the technology company’s stock after acquiring an additional 32,210 shares during the quarter. Barclays PLC’s holdings in Babcock & Wilcox Enterprises were worth $66,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of BW. Renaissance Technologies LLC lifted 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 last quarter. Marshall Wace LLP purchased a new position in shares of Babcock & Wilcox Enterprises during the second quarter valued at approximately $157,000. Point72 DIFC Ltd bought a new position in shares of Babcock & Wilcox Enterprises during the second quarter valued at approximately $42,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Babcock & Wilcox Enterprises in the second quarter worth approximately $130,000. Finally, Millennium Management LLC lifted its stake in shares of Babcock & Wilcox Enterprises by 3.8% during the 2nd quarter. Millennium Management LLC now owns 1,852,307 shares of the technology company’s stock worth $2,686,000 after acquiring an additional 67,617 shares during the last quarter. 83.17% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Babcock & Wilcox Enterprises Stock Performance

Shares of Babcock & Wilcox Enterprises stock opened at $1.63 on Friday. Babcock & Wilcox Enterprises, Inc. has a one year low of $0.75 and a one year high of $2.99. The company has a market capitalization of $153.74 million, a PE ratio of -1.96 and a beta of 1.73. The company has a 50-day simple moving average of $1.91 and a two-hundred day simple moving average of $1.76.

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.