Shares of BAE Systems plc (OTCMKTS:BAESY - Get Free Report) reached a new 52-week high on Monday . The company traded as high as $106.52 and last traded at $105.30, with a volume of 570686 shares changing hands. The stock had previously closed at $102.80.
Analysts Set New Price Targets
Several research analysts have recently commented on BAESY shares. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of BAE Systems in a report on Monday, April 28th. Berenberg Bank lowered BAE Systems from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 10th.
Read Our Latest Research Report on BAE Systems
BAE Systems Stock Up 0.7%
The company has a debt-to-equity ratio of 0.72, a current ratio of 1.03 and a quick ratio of 0.91. The company has a 50 day simple moving average of $92.81 and a 200-day simple moving average of $75.60.
Institutional Trading of BAE Systems
Hedge funds and other institutional investors have recently bought and sold shares of the stock. First Horizon Advisors Inc. lifted its position in BAE Systems by 49.4% in the first quarter. First Horizon Advisors Inc. now owns 620 shares of the aerospace company's stock valued at $51,000 after purchasing an additional 205 shares during the last quarter. Atlas Capital Advisors Inc. lifted its position in BAE Systems by 116.9% in the first quarter. Atlas Capital Advisors Inc. now owns 1,900 shares of the aerospace company's stock valued at $156,000 after purchasing an additional 1,024 shares during the last quarter. HighPoint Advisor Group LLC bought a new stake in BAE Systems in the first quarter valued at approximately $185,000. GAMMA Investing LLC lifted its position in BAE Systems by 26.0% in the first quarter. GAMMA Investing LLC now owns 2,260 shares of the aerospace company's stock valued at $186,000 after purchasing an additional 466 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in BAE Systems by 19.6% in the first quarter. Rhumbline Advisers now owns 5,485 shares of the aerospace company's stock valued at $451,000 after purchasing an additional 897 shares during the last quarter. Institutional investors own 0.21% of the company's stock.
BAE Systems Company Profile
(
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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.
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