Insider Buying: BAE Systems plc (LON:BA) Insider Buys 11 Shares of 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 shares were acquired at an average cost 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 LON BA traded down GBX 16 ($0.20) during mid-day trading on Wednesday, hitting GBX 1,321.50 ($16.45). 5,037,796 shares of the company’s stock traded hands. The company’s 50-day moving average is GBX 1,281.51 and its two-hundred day moving average is GBX 1,159. The company has a debt-to-equity ratio of 62.47, a current ratio of 1.08 and a quick ratio of 0.91. The company has a market capitalization of £39.91 billion, a P/E ratio of 2,229.17, a PEG ratio of 3.64 and a beta of 0.35. BAE Systems plc has a 1 year low of GBX 883.40 ($11.00) and a 1 year high of GBX 1,378 ($17.15).

BAE Systems Increases Dividend

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

Analyst Ratings Changes

BA has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft upped their target price 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. Citigroup initiated 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 for the company. Barclays upped their target price 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. upped their target price 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. Finally, Shore Capital reiterated a “buy” rating on shares of BAE Systems in a research note on Wednesday, February 21st. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock 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.