BAE Systems (OTCMKTS:BAESY) Stock Crosses Above 200-Day Moving Average - Should You Sell?

Shares of BAE Systems plc (OTCMKTS:BAESY - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $71.89 and traded as high as $88.82. BAE Systems shares last traded at $88.71, with a volume of 228,372 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Berenberg Bank cut shares of BAE Systems from a "strong-buy" rating to a "hold" rating in a report on Monday, March 10th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of BAE Systems in a research report on Monday, April 28th.

BAE Systems Trading Up 0.6%

The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 0.72. The stock's 50 day moving average is $88.11 and its 200 day moving average is $72.34.

BAE Systems Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, June 9th. Stockholders of record on Tuesday, April 22nd will be given a $1.0442 dividend. This is an increase from BAE Systems's previous dividend of $0.63. The ex-dividend date of this dividend is Tuesday, April 22nd.

Institutional Trading of BAE Systems

Hedge funds and other institutional investors have recently bought and sold shares of the business. Corient IA LLC bought a new position in BAE Systems in the first quarter valued at approximately $805,000. Atlas Capital Advisors Inc. grew its holdings in BAE Systems by 116.9% during 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 during the last quarter. L & S Advisors Inc bought a new position in BAE Systems during the 1st quarter worth $1,078,000. HighPoint Advisor Group LLC bought a new stake in BAE Systems in the first quarter valued at approximately $185,000. Finally, First Horizon Advisors Inc. increased its position in shares of BAE Systems by 49.4% during the first quarter. First Horizon Advisors Inc. now owns 620 shares of the aerospace company's stock worth $51,000 after buying an additional 205 shares during the period. Institutional investors and hedge funds own 0.21% of the company's stock.

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.