BAE Systems plc (LON:BA) Insider Charles Woodburn Acquires 11 Shares

BAE Systems plc (LON:BA) insider Charles Woodburn bought 11 shares of the company’s stock in a transaction on Monday, April 15th. The shares were bought at an average cost of GBX 1,347 ($16.77) per share, for a total transaction 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 transaction of £4,163,035.80 ($5,182,417.28).

BAE Systems Stock Performance

Shares of LON BA opened at GBX 1,320 ($16.43) on Thursday. The company’s fifty day moving average price is GBX 1,283.83 and its 200 day moving average price is GBX 1,160.14. BAE Systems plc has a 1 year low of GBX 883.40 ($11.00) and a 1 year high of GBX 1,378 ($17.15). The company has a market capitalization of £39.86 billion, a PE ratio of 2,202.50, a price-to-earnings-growth ratio of 3.64 and a beta of 0.35. The company has a debt-to-equity ratio of 62.47, a quick ratio of 0.91 and a current ratio of 1.08.

BAE Systems Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, April 18th will be issued a dividend of GBX 18.50 ($0.23) per share. The ex-dividend date is Thursday, April 18th. This is an increase from BAE Systems’s previous dividend of $11.50. This represents a yield of 1.48%. BAE Systems’s dividend payout ratio is 5,000.00%.

Analysts Set New Price Targets

Several research firms have recently commented on BA. Citigroup began coverage on shares of BAE Systems in a report on Friday, March 8th. They issued a “neutral” rating and a GBX 1,400 ($17.43) price objective on the stock. Barclays upped their price objective on shares of 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. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,220 ($15.19) price objective on shares of BAE Systems in a report on Wednesday, February 21st. Deutsche Bank Aktiengesellschaft upped their price objective on shares of BAE Systems from GBX 1,290 ($16.06) to GBX 1,440 ($17.93) and gave the company a “buy” rating in a report on Friday, April 12th. Finally, Shore Capital reaffirmed a “buy” rating on shares of BAE Systems in a report on Wednesday, February 21st. One 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, BAE Systems currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,335 ($16.62).

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.