Published on 15 Apr 2024 on Insider Monkey via Yahoo Finance
Heartland Advisors Value Fund Sold BWX Technologies (BWXT) on Share Appreciation
Heartland Advisors, an investment management company, released its “Heartland Value Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. During the quarter the fund outperformed the Russell 2000 Value Index returning 6.7% versus 2.9% for the benchmark. Stock selection in the Financial, Industrials, and Consumer Discretionary sectors led the fund to outperform in the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.
Heartland Value Fund featured stocks like BWX Technologies, Inc. (NYSE:BWXT) in the Q1 2024 investor letter. Headquartered in Lynchburg, Virginia, BWX Technologies, Inc. (NYSE:BWXT) is a nuclear component manufacturing and distributing company. On April 12, 2024, BWX Technologies, Inc. (NYSE:BWXT) stock closed at $94.56 per share. One-month return of BWX Technologies, Inc. (NYSE:BWXT) was -5.19%, and its shares gained 47.74% of their value over the last 52 weeks. BWX Technologies, Inc. (NYSE:BWXT) has a market capitalization of $8.65 billion.