BAE Systems plc (OTCMKTS:BAESY - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $104.52 and last traded at $104.46, with a volume of 353340 shares trading hands. The stock had previously closed at $100.07.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on BAESY shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of BAE Systems in a research note on Monday, April 28th. Berenberg Bank cut BAE Systems from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 10th.
Check Out Our Latest Stock Report on BAESY
BAE Systems Stock Up 0.0%
The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.91 and a current ratio of 1.03. The firm's fifty day moving average price is $91.36 and its two-hundred day moving average price is $74.81.
BAE Systems Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, June 9th. Shareholders of record on Tuesday, April 22nd will be issued a $1.0442 dividend. This is a boost from BAE Systems's previous dividend of $0.63. The ex-dividend date of this dividend is Tuesday, April 22nd.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC purchased a new position in shares of BAE Systems in the 4th quarter valued at about $26,000. First Horizon Advisors Inc. increased its position in shares of 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 buying an additional 205 shares in the last quarter. Atlas Capital Advisors Inc. increased its holdings in BAE Systems by 116.9% in the 1st quarter. Atlas Capital Advisors Inc. now owns 1,900 shares of the aerospace company's stock worth $156,000 after acquiring an additional 1,024 shares in the last quarter. HighPoint Advisor Group LLC purchased a new stake in BAE Systems in the 1st quarter worth $185,000. Finally, GAMMA Investing LLC increased its holdings in BAE Systems by 26.0% in the 1st quarter. GAMMA Investing LLC now owns 2,260 shares of the aerospace company's stock worth $186,000 after acquiring an additional 466 shares in the last quarter. Hedge funds and other institutional investors own 0.21% of the company's stock.
About BAE Systems
(
Get Free Report)
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.
See Also
Before you consider BAE Systems, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BAE Systems wasn't on the list.
While BAE Systems currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
