BAE Systems plc (LON:BA) Insider Purchases £148.83 in Stock

BAE Systems plc (LON:BA) insider Charles Woodburn purchased 11 shares of the company’s stock in a transaction on Wednesday, August 14th. The stock was bought at an average cost of GBX 1,353 ($17.28) per share, for a total transaction of £148.83 ($190.03).

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

• On Friday, June 14th, Charles Woodburn bought 12 shares of BAE Systems stock. The stock was bought at an average price of GBX 1,334 ($17.03) per share, for a total transaction of £160.08 ($204.39).
• On Tuesday, June 4th, Charles Woodburn sold 485,694 shares of BAE Systems stock. The shares were sold at an average price of GBX 1,389 ($17.73), for a total value of £6,746,289.66 ($8,613,750.84).

BAE Systems Trading Down 0.8 %

LON BA opened at GBX 1,350 ($17.24) on Monday. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.37. BAE Systems plc has a 1-year low of GBX 953.60 ($12.18) and a 1-year high of GBX 1,415.25 ($18.07). The firm’s fifty day simple moving average is GBX 1,305.24 and its 200-day simple moving average is GBX 1,307.85. The company has a market capitalization of £40.91 billion, a PE ratio of 2,250.00, a price-to-earnings-growth ratio of 3.69 and a beta of 0.33.

BAE Systems Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, October 24th will be given a GBX 12.40 ($0.16) dividend. This represents a yield of 0.96%. The ex-dividend date is Thursday, October 24th. BAE Systems’s payout ratio is currently 5,166.67%.

Analyst Upgrades and Downgrades

BA has been the topic of a number of analyst reports. Shore Capital reissued a “hold” rating on shares of BAE Systems in a research note on Thursday, August 1st. Citigroup raised shares of BAE Systems to a “buy” rating and set a GBX 1,440 ($18.39) target price on the stock in a research report on Monday, July 29th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,500 ($19.15) price target on shares of BAE Systems in a report on Thursday, July 25th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,410 ($18.00).

About BAE Systems

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.