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

BAE Systems plc (LON:BA) insider Charles Woodburn purchased 9 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was bought at an average price of GBX 1,127 ($14.66) per share, for a total transaction of £101.43 ($131.95).

BAE Systems Trading Up 1.1 %

Shares of BA stock opened at GBX 1,655 ($21.53) on Thursday. The firm has a market capitalization of £51.24 billion, a PE ratio of 28.39, a P/E/G ratio of 3.33 and a beta of 0.33. BAE Systems plc has a 1-year low of GBX 1,012.50 ($13.17) and a 1-year high of GBX 1,415.25 ($18.41). The business’s fifty day moving average price is GBX 1,332.85 and its 200 day moving average price is GBX 1,289.70. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91.

BAE Systems (LON:BA) last announced its quarterly earnings data on Wednesday, February 19th. The company reported GBX 68.50 ($0.89) EPS for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. As a group, sell-side analysts forecast that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

BAE Systems Increases Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Thursday, April 17th. This is a boost from BAE Systems’s previous dividend of $12.40. This represents a yield of 1.24%. BAE Systems’s payout ratio is currently 53.18%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on BA. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,510 ($19.64) target price on shares of BAE Systems in a report on Thursday, February 20th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,440 ($18.73) price objective on shares of BAE Systems in a research note on Wednesday, February 19th. Finally, JPMorgan Chase & Co. raised their target price on shares of BAE Systems from GBX 1,630 ($21.20) to GBX 1,725 ($22.44) and gave the stock an “overweight” rating in a research note on Monday, March 3rd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 1,528.75 ($19.89).

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.