Insider Buying: BAE Systems plc (LON:BA) Insider Acquires 11 Shares of Stock

BAE Systems plc (LON:BA - Get Free Report) insider Charles Woodburn bought 11 shares of the company's stock in a transaction on Monday, April 15th. The shares were acquired at an average price of GBX 1,347 ($16.77) per share, with a total value of £148.17 ($184.45).

Charles Woodburn also recently made the following trade(s):

• On Friday, March 8th, Charles Woodburn sold 331,716 shares of BAE Systems stock. The shares were sold at an average price of GBX 1,255 ($15.62), for a total value of £4,163,035.80 ($5,182,417.28).

BAE Systems Stock Performance

Shares of BA traded down GBX 16 ($0.20) during trading hours on Wednesday, reaching GBX 1,321.50 ($16.45). 5,037,796 shares of the company traded hands. The stock has a market capitalization of £39.91 billion, a P/E ratio of 2,202.50, a P/E/G ratio of 3.64 and a beta of 0.35. The company has a quick ratio of 0.91, a current ratio of 1.08 and a debt-to-equity ratio of 62.47. BAE Systems plc has a 12-month low of GBX 883.40 ($11.00) and a 12-month high of GBX 1,378 ($17.15). The business has a fifty day moving average price of GBX 1,283.83 and a 200-day moving average price of GBX 1,160.14.

BAE Systems Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 3rd. Shareholders of record on Thursday, April 18th will be issued a GBX 18.50 ($0.23) dividend. This represents a yield of 1.48%. This is a positive change from BAE Systems's previous dividend of $11.50. The ex-dividend date of this dividend is Thursday, April 18th. BAE Systems's dividend payout ratio is presently 5,000.00%.

Analyst Ratings Changes

A number of brokerages recently issued reports on BA. Citigroup began coverage on BAE Systems in a report on Friday, March 8th. They issued a "neutral" rating and a GBX 1,400 ($17.43) price target for the company. Shore Capital reiterated a "buy" rating on shares of BAE Systems in a report on Wednesday, February 21st. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,220 ($15.19) price target on shares of BAE Systems in a report on Wednesday, February 21st. JPMorgan Chase & Co. boosted their price target on BAE Systems from GBX 1,300 ($16.18) to GBX 1,400 ($17.43) and gave the company an "overweight" rating in a report on Thursday, February 22nd. Finally, Barclays boosted their price target on BAE Systems from GBX 1,250 ($15.56) to GBX 1,450 ($18.05) and gave the company an "overweight" rating in a report on Tuesday, March 12th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of GBX 1,335 ($16.62).

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.