BAE Systems plc (LON:BA - Get Free Report) insider Charles Woodburn sold 877,344 shares of the company's stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of GBX 1,565 ($20.32), for a total value of £13,730,433.60 ($17,829,416.44).
Charles Woodburn also recently made the following trade(s):
- On Friday, March 14th, Charles Woodburn bought 9 shares of BAE Systems stock. The shares were bought at an average cost of GBX 1,127 ($14.63) per share, with a total value of £101.43 ($131.71).
BAE Systems Stock Up 1.7 %
Shares of BAE Systems stock opened at GBX 1,585.50 ($20.59) on Thursday. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. The stock has a market cap of £49.09 billion, a price-to-earnings ratio of 27.20, a PEG ratio of 3.33 and a beta of 0.33. The firm's 50-day moving average is GBX 1,411.13 and its two-hundred day moving average is GBX 1,309.40. BAE Systems plc has a 1 year low of GBX 1,012.50 ($13.15) and a 1 year high of GBX 1,415.25 ($18.38).
BAE Systems (LON:BA - Get Free Report) last released 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 net margin of 7.49% and a return on equity of 16.87%. As a group, research analysts expect that BAE Systems plc will post 73.537927 earnings per share for the current fiscal year.
BAE Systems Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, April 17th will be issued a GBX 20.60 ($0.27) dividend. The ex-dividend date is Thursday, April 17th. This is an increase from BAE Systems's previous dividend of $12.40. This represents a dividend yield of 1.24%. BAE Systems's dividend payout ratio (DPR) is currently 53.18%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on BA shares. Berenberg Bank reiterated a "buy" rating and set a GBX 1,440 ($18.70) price objective on shares of BAE Systems in a report on Wednesday, February 19th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 1,510 ($19.61) target price on shares of BAE Systems in a research report on Thursday, February 20th. Finally, JPMorgan Chase & Co. increased their price objective on BAE Systems from GBX 1,630 ($21.17) to GBX 1,725 ($22.40) and gave the stock an "overweight" rating in a research note on Monday, March 3rd. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, BAE Systems currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,528.75 ($19.85).
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About BAE Systems
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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.
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