GSA Capital Partners LLP Has $3 Million Stock Holdings in Babcock & Wilcox Enterprises, Inc. (NYSE:BW)

GSA Capital Partners LLP boosted its stake in Babcock & Wilcox Enterprises, Inc. (NYSE:BW) by 1.5% in the third quarter, HoldingsChannel reports. The firm owned 1,469,620 shares of the technology company’s stock after acquiring an additional 21,694 shares during the period. GSA Capital Partners LLP’s holdings in Babcock & Wilcox Enterprises were worth $2,998,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BW. Assenagon Asset Management S.A. increased its holdings in Babcock & Wilcox Enterprises by 91.2% in the third 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. Vanguard Group Inc. increased its holdings in shares of Babcock & Wilcox Enterprises by 11.6% in the first quarter. Vanguard Group Inc. now owns 3,379,556 shares of the technology company’s stock worth $3,819,000 after acquiring an additional 352,607 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Babcock & Wilcox Enterprises by 29.3% in the first quarter. Russell Investments Group Ltd. now owns 867,520 shares of the technology company’s stock worth $980,000 after acquiring an additional 196,408 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of Babcock & Wilcox Enterprises in the second quarter worth about $157,000. Finally, Tidal Investments LLC bought a new stake in shares of Babcock & Wilcox Enterprises in the first quarter worth about $122,000. Institutional investors own 83.17% of the company’s stock.

Babcock & Wilcox Enterprises Price Performance

Shares of Babcock & Wilcox Enterprises stock opened at $2.63 on Tuesday. Babcock & Wilcox Enterprises, Inc. has a 1 year low of $0.75 and a 1 year high of $2.99. The business has a 50-day moving average of $2.00 and a two-hundred day moving average of $1.58. The company has a market capitalization of $242.03 million, a P/E ratio of -1.26 and a beta of 1.73.

Analyst Ratings Changes

Separately, StockNews.com upgraded Babcock & Wilcox Enterprises from a “sell” rating to a “hold” rating in a report 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.