Charles Woodburn Buys 11 Shares of BAE Systems plc (LON:BA) Stock

BAE Systems plc (LON:BA) insider Charles Woodburn acquired 11 shares of BAE Systems stock in a transaction on Monday, April 15th. The shares were bought at an average cost of GBX 1,347 ($16.77) per share, for a total transaction 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 value of £4,163,035.80 ($5,182,417.28).

BAE Systems Trading Down 1.1 %

BA stock opened at GBX 1,287 ($16.02) on Friday. The company has a market capitalization of £38.87 billion, a PE ratio of 2,200.00, a P/E/G ratio of 3.64 and a beta of 0.35. The company has a debt-to-equity ratio of 62.47, a current ratio of 1.08 and a quick ratio of 0.91. BAE Systems plc has a 12 month low of GBX 883.40 ($11.00) and a 12 month high of GBX 1,378 ($17.15). The firm’s 50-day moving average is GBX 1,286.26 and its 200 day moving average is GBX 1,161.25.

BAE Systems Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on BA. Barclays raised their price target on BAE Systems from GBX 1,250 ($15.56) to GBX 1,450 ($18.05) and gave the stock an “overweight” rating in a research report on Tuesday, March 12th. Shore Capital reaffirmed a “buy” rating on shares of BAE Systems in a research note on Wednesday, February 21st. Citigroup started coverage on shares of BAE Systems in a research report on Friday, March 8th. They issued a “neutral” rating and a GBX 1,400 ($17.43) price objective on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on BAE Systems from GBX 1,290 ($16.06) to GBX 1,440 ($17.93) and gave the company a “buy” rating in a research report on Friday, April 12th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,220 ($15.19) target price 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 issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 1,335 ($16.62).

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.