BAE Systems plc (LON:BA) Insider Charles Woodburn Acquires 11 Shares

BAE Systems plc (LON:BA) insider Charles Woodburn bought 11 shares of BAE Systems stock in a transaction that occurred on Monday, April 15th. The stock was purchased at an average cost of GBX 1,347 ($16.77) per share, for a total transaction of £148.17 ($184.45).

Charles Woodburn also recently made the following trade(s):

• On Friday, March 8th, Charles Woodburn sold 331,716 shares of BAE Systems stock. The shares were sold at an average price of GBX 1,255 ($15.62), for a total transaction of £4,163,035.80 ($5,182,417.28).

BAE Systems Stock Down 0.1 %

BA stock opened at GBX 1,320 ($16.43) on Thursday. The company’s 50 day moving average is GBX 1,283.83 and its two-hundred day moving average is GBX 1,160.14. The stock has a market cap of £39.86 billion, a P/E ratio of 2,202.50, a PEG ratio of 3.64 and a beta of 0.35. BAE Systems plc has a twelve month low of GBX 883.40 ($11.00) and a twelve month high of GBX 1,378 ($17.15). The company has a current ratio of 1.08, a quick ratio of 0.91 and a debt-to-equity ratio of 62.47.

BAE Systems Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, April 18th will be given a GBX 18.50 ($0.23) dividend. This is an increase from BAE Systems’s previous dividend of $11.50. The ex-dividend date of this dividend is Thursday, April 18th. This represents a yield of 1.48%. BAE Systems’s dividend payout ratio is 5,000.00%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Citigroup assumed coverage on shares of BAE Systems in a report on Friday, March 8th. They issued a “neutral” rating and a GBX 1,400 ($17.43) target price on the stock. Barclays raised their price objective on shares of BAE Systems from GBX 1,250 ($15.56) to GBX 1,450 ($18.05) and gave the stock an “overweight” rating in a report on Tuesday, March 12th. JPMorgan Chase & Co. raised their price objective on shares of BAE Systems from GBX 1,300 ($16.18) to GBX 1,400 ($17.43) and gave the stock an “overweight” rating in a report on Thursday, February 22nd. Shore Capital reissued a “buy” rating on shares of BAE Systems in a report on Wednesday, February 21st. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of BAE Systems from GBX 1,290 ($16.06) to GBX 1,440 ($17.93) and gave the stock a “buy” rating in a report on Friday, April 12th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,335 ($16.62).

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.