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

BAE Systems plc (LON:BA) insider Charles Woodburn sold 877,344 shares of the company’s stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of GBX 1,565 ($20.23), for a total transaction of £13,730,433.60 ($17,751,045.38).

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

• On Friday, March 14th, Charles Woodburn bought 9 shares of BAE Systems stock. The stock was bought at an average price of GBX 1,127 ($14.57) per share, for a total transaction of £101.43 ($131.13).

BAE Systems Stock Performance

Shares of LON BA traded up GBX 26 ($0.34) during midday trading on Wednesday, reaching GBX 1,585.50 ($20.50). The company had a trading volume of 4,739,266 shares. 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 1 year low of GBX 1,012.50 ($13.09) and a 1 year high of GBX 1,415.25 ($18.30). The stock has a market cap of £49.09 billion, a P/E ratio of 27.20, a P/E/G ratio of 3.33 and a beta of 0.33. The business’s 50-day simple moving average is GBX 1,404.39 and its 200 day simple moving average is GBX 1,307.45.

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

BAE Systems Increases Dividend

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

Analysts Set New Price Targets

A number of analysts have recently weighed in on BA shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,510 ($19.52) price target on shares of BAE Systems in a report on Thursday, February 20th. JPMorgan Chase & Co. upped their price target on BAE Systems from GBX 1,630 ($21.07) to GBX 1,725 ($22.30) and gave the stock an “overweight” rating in a research report on Monday, March 3rd. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,440 ($18.62) price objective on shares of BAE Systems in a research report on Wednesday, February 19th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,528.75 ($19.76).

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.