Charles Woodburn Purchases 9 Shares of BAE Systems plc (LON:BA) Stock

BAE Systems plc (LON:BA) insider Charles Woodburn acquired 9 shares of the stock in a transaction dated Monday, April 14th. The stock was acquired at an average price of GBX 1,693 ($22.41) per share, for a total transaction of £152.37 ($201.65).

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

• On Friday, March 28th, Charles Woodburn sold 877,344 shares of BAE Systems stock. The shares were sold at an average price of GBX 1,565 ($20.71), for a total transaction of £13,730,433.60 ($18,171,563.79).
• On Friday, March 14th, Charles Woodburn acquired 9 shares of BAE Systems stock. The shares were bought at an average cost of GBX 1,127 ($14.92) per share, for a total transaction of £101.43 ($134.24).

BAE Systems Price Performance

BAE Systems stock traded up GBX 50.50 ($0.67) during mid-day trading on Wednesday, reaching GBX 1,743.50 ($23.07). 9,161,369 shares of the company’s stock traded hands. BAE Systems plc has a 12-month low of GBX 1,012.50 ($13.40) and a 12-month high of GBX 1,415.25 ($18.73). The company has a market cap of £53.98 billion, a price-to-earnings ratio of 29.91, a PEG ratio of 3.33 and a beta of 0.33. The stock has a 50 day moving average of GBX 1,488.48 and a two-hundred day moving average of GBX 1,331.89. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02.

BAE Systems (LON:BA) last released its quarterly earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.91) EPS for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. Equities analysts forecast that BAE Systems plc will post 73.537927 earnings per share for the current year.

BAE Systems Increases Dividend

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

Analysts Set New Price Targets

A number of research firms have weighed in on BA. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,510 ($19.98) price target on shares of BAE Systems in a research report on Thursday, February 20th. JPMorgan Chase & Co. increased their price target on BAE Systems from GBX 1,630 ($21.57) to GBX 1,725 ($22.83) and gave the stock an “overweight” rating in a research note on Monday, March 3rd. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,440 ($19.06) price objective on shares of BAE Systems in a research note on Wednesday, February 19th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,528.75 ($20.23).

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.