Nisa Investment Advisors LLC Purchases New Position in BAE Systems plc (OTCMKTS:BAESY)

Nisa Investment Advisors LLC acquired a new stake in shares of BAE Systems plc (OTCMKTS:BAESY) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 450 shares of the aerospace company’s stock, valued at approximately $26,000.

Other large investors have also recently bought and sold shares of the company. Principal Street Partners LLC grew its position in shares of BAE Systems by 99.0% in the 3rd quarter. Principal Street Partners LLC now owns 17,628 shares of the aerospace company’s stock valued at $1,178,000 after purchasing an additional 8,769 shares during the period. Dorsey Wright & Associates raised its holdings in BAE Systems by 11.7% during the 3rd quarter. Dorsey Wright & Associates now owns 56,856 shares of the aerospace company’s stock worth $3,775,000 after buying an additional 5,936 shares during the period. Finally, Altrius Capital Management Inc lifted its stake in BAE Systems by 2.3% in the third quarter. Altrius Capital Management Inc now owns 109,506 shares of the aerospace company’s stock valued at $7,266,000 after buying an additional 2,470 shares in the last quarter. Institutional investors own 0.21% of the company’s stock.

Analyst Ratings Changes

Separately, Bank of America restated an “underperform” rating on shares of BAE Systems in a report on Friday, November 29th.

BAE Systems Price Performance

BAESY opened at $60.79 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 0.72. BAE Systems plc has a 12-month low of $56.19 and a 12-month high of $72.81. The business has a 50 day moving average of $60.34 and a 200-day moving average of $65.18.

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.