Tom Arseneault Sells 165,890 Shares of BAE Systems plc (LON:BA) Stock

BAE Systems plc (LON:BA) insider Tom Arseneault sold 165,890 shares of the company’s stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of GBX 1,568 ($20.30), for a total transaction of £2,601,155.20 ($3,366,755.37).

Tom Arseneault also recently made the following trade(s):

• On Wednesday, March 12th, Tom Arseneault sold 155,717 shares of BAE Systems stock. The shares were sold at an average price of GBX 1,557 ($20.15), for a total transaction of £2,424,513.69 ($3,138,122.82).

BAE Systems Stock Down 1.3 %

Shares of BAE Systems stock opened at GBX 1,564.50 ($20.25) on Friday. BAE Systems plc has a 1 year low of GBX 1,012.50 ($13.11) and a 1 year high of GBX 1,415.25 ($18.32). The firm has a market cap of £48.44 billion, a price-to-earnings ratio of 26.84, a PEG ratio of 3.33 and a beta of 0.33. The company has a 50-day moving average of GBX 1,390.85 and a 200 day moving average of GBX 1,303.87. 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 earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.89) earnings per share 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 anticipate that BAE Systems plc will post 73.537927 earnings per share for the current fiscal year.

BAE Systems Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, April 17th will be issued a GBX 20.60 ($0.27) dividend. This represents a yield of 1.24%. This is an increase from BAE Systems’s previous dividend of $12.40. The ex-dividend date of this dividend is Thursday, April 17th. BAE Systems’s payout ratio is 53.18%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on BA shares. JPMorgan Chase & Co. raised their price objective on BAE Systems from GBX 1,630 ($21.10) to GBX 1,725 ($22.33) and gave the company an “overweight” rating in a report on Monday, March 3rd. Berenberg Bank restated a “buy” rating and set a GBX 1,440 ($18.64) target price on shares of BAE Systems in a report on Wednesday, February 19th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,510 ($19.54) price objective on shares of BAE Systems in a research report on Thursday, February 20th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 1,528.75 ($19.79).

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.