BAE Systems plc (LON:BA) Insider Charles Woodburn Sells 877,344 Shares of Stock

BAE Systems plc (LON:BA) insider Charles Woodburn sold 877,344 shares of the business’s stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of GBX 1,565 ($20.32), for a total transaction of £13,730,433.60 ($17,829,416.44).

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

• On Friday, March 14th, Charles Woodburn acquired 9 shares of BAE Systems stock. The stock was bought at an average price of GBX 1,127 ($14.63) per share, with a total value of £101.43 ($131.71).

BAE Systems Stock Up 1.7 %

LON BA opened at GBX 1,585.50 ($20.59) on Thursday. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02. BAE Systems plc has a 12 month low of GBX 1,012.50 ($13.15) and a 12 month high of GBX 1,415.25 ($18.38). The stock’s 50 day moving average is GBX 1,411.13 and its 200 day moving average is GBX 1,309.40. The stock has a market cap of £49.09 billion, a PE ratio of 27.20, a P/E/G ratio of 3.33 and a beta of 0.33.

BAE Systems (LON:BA) last released its earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.89) EPS for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. Research analysts predict that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

BAE Systems Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, April 17th will be given a dividend of GBX 20.60 ($0.27) per share. This is a positive change from BAE Systems’s previous dividend of $12.40. The ex-dividend date of this dividend is Thursday, April 17th. This represents a dividend yield of 1.24%. BAE Systems’s dividend payout ratio (DPR) is presently 53.18%.

Analyst Ratings Changes

A number of analysts have commented on BA shares. JPMorgan Chase & Co. upped their price target on BAE Systems from GBX 1,630 ($21.17) to GBX 1,725 ($22.40) and gave the stock an “overweight” rating in a research report on Monday, March 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,510 ($19.61) price target on shares of BAE Systems in a research report on Thursday, February 20th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,440 ($18.70) price objective on shares of BAE Systems in a research report on Wednesday, February 19th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,528.75 ($19.85).

BAE Systems Company Profile

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.