Insider Buying: BAE Systems plc (BA) Insider Purchases 32 Shares of Stock

BAE Systems plc (LON:BA) insider Charles Woodburn acquired 32 shares of BAE Systems stock in a transaction dated Tuesday, May 14th. The shares were bought at an average cost of GBX 465 ($6.08) per share, with a total value of £148.80 ($194.43).

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

  • On Monday, April 15th, Charles Woodburn acquired 30 shares of BAE Systems stock. The shares were bought at an average cost of GBX 506 ($6.61) per share, with a total value of £151.80 ($198.35).
  • On Thursday, March 14th, Charles Woodburn acquired 32 shares of BAE Systems stock. The shares were bought at an average cost of GBX 469 ($6.13) per share, with a total value of £150.08 ($196.11).

LON BA opened at GBX 464.50 ($6.07) on Friday. BAE Systems plc has a 12-month low of GBX 441.50 ($5.77) and a 12-month high of GBX 680.20 ($8.89). The company has a debt-to-equity ratio of 76.88, a current ratio of 1.03 and a quick ratio of 0.81. The firm has a market capitalization of $14.86 billion and a P/E ratio of 14.89.

The firm also recently declared a dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, April 18th will be given a GBX 13.20 ($0.17) dividend. The ex-dividend date is Thursday, April 18th. This represents a yield of 2.62%. This is an increase from BAE Systems’s previous dividend of $9.00. BAE Systems’s dividend payout ratio (DPR) is presently 0.83%.

Several analysts have recently commented on BA shares. Barclays reaffirmed an “equal weight” rating on shares of BAE Systems in a research report on Friday, March 22nd. Deutsche Bank reaffirmed a “buy” rating on shares of BAE Systems in a research report on Monday, March 4th. JPMorgan Chase & Co. reduced their price objective on shares of BAE Systems from GBX 545 ($7.12) to GBX 530 ($6.93) and set a “neutral” rating for the company in a research report on Friday, February 22nd. Berenberg Bank raised their price objective on shares of BAE Systems from GBX 560 ($7.32) to GBX 590 ($7.71) and gave the stock a “buy” rating in a research report on Monday, March 11th. Finally, Credit Suisse Group reduced their price objective on shares of BAE Systems from GBX 635 ($8.30) to GBX 600 ($7.84) and set an “outperform” rating for the company in a research report on Friday, February 22nd. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 608.58 ($7.95).

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About BAE Systems

BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.

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