Insider Buying: BAE Systems plc (LON:BA) Insider Acquires £101.43 in Stock

BAE Systems plc (LON:BA) insider Charles Woodburn acquired 9 shares of the stock in a transaction that occurred on Friday, March 14th. The stock was purchased at an average price of GBX 1,127 ($14.61) per share, for a total transaction of £101.43 ($131.52).

BAE Systems Trading Down 1.8 %

Shares of BA opened at GBX 1,643.50 ($21.31) on Friday. The business’s 50-day moving average price is GBX 1,342.51 and its 200-day moving average price is GBX 1,292.36. BAE Systems plc has a twelve month low of GBX 1,012.50 ($13.13) and a twelve month high of GBX 1,415.25 ($18.35). The stock has a market cap of £50.88 billion, a PE ratio of 28.20, 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 (LON:BA) last issued its quarterly earnings data on Wednesday, February 19th. The company reported GBX 68.50 ($0.89) EPS for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. On average, equities analysts forecast that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

BAE Systems Increases Dividend

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

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on BA shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,510 ($19.58) price objective on shares of BAE Systems in a research note on Thursday, February 20th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,440 ($18.67) price target on shares of BAE Systems in a research report on Wednesday, February 19th. Finally, JPMorgan Chase & Co. upped their price target on BAE Systems from GBX 1,630 ($21.14) to GBX 1,725 ($22.37) and gave the company an “overweight” rating in a research report on Monday, March 3rd. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,528.75 ($19.82).

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.