BAE Systems plc (LON:BA) Insider Sells £2,601,155.20 in Stock

BAE Systems plc (LON:BA) insider Tom Arseneault sold 165,890 shares of the company’s stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of GBX 1,568 ($20.27), for a total value of £2,601,155.20 ($3,363,272.82).

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 ($20.13), for a total transaction of £2,424,513.69 ($3,134,876.76).

BAE Systems Trading Down 1.3 %

LON:BA opened at GBX 1,564.50 ($20.23) on Monday. The stock has a fifty day simple moving average of GBX 1,390.85 and a 200 day simple moving average of GBX 1,303.94. The firm has a market capitalization of £48.44 billion, a price-to-earnings ratio of 26.84, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. BAE Systems plc has a 1-year low of GBX 1,012.50 ($13.09) and a 1-year high of GBX 1,415.25 ($18.30). 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 earnings results 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%. Sell-side analysts forecast that BAE Systems plc will post 73.537927 earnings per share for the current year.

BAE Systems Increases Dividend

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

Analyst Ratings Changes

Several brokerages have weighed in on BA. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,510 ($19.52) target price on shares of BAE Systems in a research report on Thursday, February 20th. JPMorgan Chase & Co. raised their price target on shares of BAE Systems from GBX 1,630 ($21.08) to GBX 1,725 ($22.30) and gave the company an “overweight” rating in a research note on Monday, March 3rd. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,440 ($18.62) price objective on shares of BAE Systems in a report on Wednesday, February 19th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,528.75 ($19.77).

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.