BAE Systems plc (LON:BA - Get Free Report) insider Brad Greve sold 363,705 shares of the company's stock in a transaction dated Monday, April 7th. The shares were sold at an average price of GBX 1,497 ($19.43), for a total transaction of £5,444,663.85 ($7,067,320.68).
Brad Greve also recently made the following trade(s):
- On Monday, February 17th, Brad Greve purchased 12 shares of BAE Systems stock. The stock was bought at an average price of GBX 1,241 ($16.11) per share, for a total transaction of £148.92 ($193.30).
- On Tuesday, January 14th, Brad Greve bought 13 shares of BAE Systems stock. The stock was bought at an average price of GBX 1,187 ($15.41) per share, for a total transaction of £154.31 ($200.30).
BAE Systems Stock Up 0.4 %
BA stock opened at GBX 1,572 ($20.40) on Friday. BAE Systems plc has a 52 week low of GBX 1,012.50 ($13.14) and a 52 week high of GBX 1,415.25 ($18.37). The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02. The company has a market cap of £48.67 billion, a P/E ratio of 26.97, a P/E/G ratio of 3.33 and a beta of 0.33. The company's 50-day moving average price is GBX 1,462.02 and its 200 day moving average price is GBX 1,323.64.
BAE Systems (LON:BA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.89) EPS for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. On average, research analysts expect that BAE Systems plc will post 73.537927 earnings per share for the current fiscal year.
BAE Systems Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, April 17th will be given a GBX 20.60 ($0.27) dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a dividend yield of 1.24%. This is a boost from BAE Systems's previous dividend of $12.40. BAE Systems's dividend payout ratio (DPR) is currently 53.18%.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on BA. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 1,510 ($19.60) target price on shares of BAE Systems in a research note on Thursday, February 20th. JPMorgan Chase & Co. lifted their price objective on BAE Systems from GBX 1,630 ($21.16) to GBX 1,725 ($22.39) and gave the company an "overweight" rating in a report on Monday, March 3rd. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 1,440 ($18.69) target price on shares of BAE Systems in a research note on Wednesday, February 19th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, BAE Systems currently has an average rating of "Moderate Buy" and an average target price of GBX 1,528.75 ($19.84).
Read Our Latest Stock Report on BAE Systems
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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