BAE Systems plc (LON:BA) Insider Charles Woodburn Buys 9 Shares

BAE Systems plc (LON:BA) insider Charles Woodburn bought 9 shares of the firm’s stock in a transaction dated Friday, March 14th. The stock was acquired at an average cost of GBX 1,127 ($14.64) per share, with a total value of £101.43 ($131.74).

BAE Systems Stock Down 1.2 %

Shares of LON:BA traded down GBX 20.50 ($0.27) during midday trading on Tuesday, hitting GBX 1,636.50 ($21.26). 8,159,135 shares of the stock were exchanged. The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03. BAE Systems plc has a 52-week low of GBX 1,012.50 ($13.15) and a 52-week high of GBX 1,415.25 ($18.38). The business’s fifty day simple moving average is GBX 1,313.01 and its two-hundred day simple moving average is GBX 1,285.27. The company has a market capitalization of £50.66 billion, a PE ratio of 28.08, a P/E/G ratio of 3.33 and a beta of 0.33.

BAE Systems (LON:BA) last announced its quarterly earnings data on Wednesday, February 19th. The company reported GBX 68.50 ($0.89) earnings per share (EPS) for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. As a group, research analysts predict that BAE Systems plc will post 73.537927 earnings per share for the current fiscal year.

BAE Systems Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, April 17th will be issued a dividend of GBX 20.60 ($0.27) per share. This is a positive change from BAE Systems’s previous dividend of $12.40. This represents a yield of 1.24%. The ex-dividend date of this dividend is Thursday, April 17th. BAE Systems’s dividend payout ratio (DPR) is 53.18%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. JPMorgan Chase & Co. raised their target price on BAE Systems from GBX 1,630 ($21.17) to GBX 1,725 ($22.41) and gave the stock an “overweight” rating in a research report on Monday, March 3rd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,440 ($18.70) target price on shares of BAE Systems in a research report on Wednesday, February 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 1,510 ($19.61) price objective on shares of BAE Systems in a report on Thursday, February 20th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,528.75 ($19.86).

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.