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

BAE Systems plc (LON:BA) insider Charles Woodburn acquired 11 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was purchased at an average price of GBX 1,347 ($16.77) per share, with a total value 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 stock was 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 Price Performance

Shares of BAE Systems stock opened at GBX 1,287 ($16.02) on Friday. The firm has a market capitalization of £38.87 billion, a PE ratio of 2,200.00, a price-to-earnings-growth ratio of 3.64 and a beta of 0.35. 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 plc has a 12 month low of GBX 883.40 ($11.00) and a 12 month high of GBX 1,378 ($17.15). The business’s 50-day moving average price is GBX 1,286.26 and its 200-day moving average price is GBX 1,161.25.

BAE Systems Increases Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their price target 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. Shore Capital reaffirmed a “buy” rating on shares of BAE Systems in a report on Wednesday, February 21st. Citigroup initiated coverage on BAE Systems in a research report on Friday, March 8th. They set a “neutral” rating and a GBX 1,400 ($17.43) price target for the company. Barclays upped 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 research report on Tuesday, March 12th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,220 ($15.19) price target on shares of BAE Systems in a research note on Wednesday, February 21st. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average 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.