BAE Systems plc (LON:BA) Insider Charles Woodburn Buys 9 Shares

BAE Systems plc (LON:BA) insider Charles Woodburn acquired 9 shares of the business’s stock in a transaction that occurred on Monday, April 14th. The shares were purchased at an average cost of GBX 1,693 ($22.46) per share, for a total transaction of £152.37 ($202.16).

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

• On Friday, March 28th, Charles Woodburn sold 877,344 shares of BAE Systems stock. The shares were sold at an average price of GBX 1,565 ($20.76), for a total value of £13,730,433.60 ($18,217,372.43).
• On Friday, March 14th, Charles Woodburn acquired 9 shares of BAE Systems stock. The stock was purchased at an average cost of GBX 1,127 ($14.95) per share, with a total value of £101.43 ($134.58).

BAE Systems Price Performance

Shares of LON BA opened at GBX 1,742 ($23.11) on Friday. The company has a market capitalization of £53.93 billion, a PE ratio of 29.89, a P/E/G ratio of 3.33 and a beta of 0.33. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02. BAE Systems plc has a twelve month low of GBX 1,012.50 ($13.43) and a twelve month high of GBX 1,415.25 ($18.78). The firm has a fifty day simple moving average of GBX 1,510.55 and a 200 day simple moving average of GBX 1,338.19.

BAE Systems (LON:BA) last posted its quarterly earnings data on Wednesday, February 19th. The company reported GBX 68.50 ($0.91) earnings per share for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. On average, sell-side analysts forecast that BAE Systems plc will post 73.537927 EPS for the current year.

BAE Systems Increases Dividend

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

Analysts Set New Price Targets

BA has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,510 ($20.03) target price on shares of BAE Systems in a report on Thursday, February 20th. Berenberg Bank restated a “buy” rating and issued a GBX 1,440 ($19.11) price objective on shares of BAE Systems in a report on Wednesday, February 19th. Finally, JPMorgan Chase & Co. lifted their target price on BAE Systems from GBX 1,630 ($21.63) to GBX 1,725 ($22.89) and gave the stock an “overweight” rating in a report on Monday, March 3rd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, BAE Systems has a consensus rating of “Moderate Buy” and an average target price of GBX 1,528.75 ($20.28).

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.