Altrius Capital Management Inc Acquires 3,662 Shares of BAE Systems plc (OTCMKTS:BAESY)

Altrius Capital Management Inc grew its holdings in shares of BAE Systems plc (OTCMKTS:BAESY - Free Report) by 3.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 113,168 shares of the aerospace company's stock after acquiring an additional 3,662 shares during the quarter. BAE Systems accounts for approximately 1.7% of Altrius Capital Management Inc's investment portfolio, making the stock its 21st largest position. Altrius Capital Management Inc's holdings in BAE Systems were worth $6,469,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BAESY. Nisa Investment Advisors LLC acquired a new stake in shares of BAE Systems during the 4th quarter valued at $26,000. Principal Street Partners LLC boosted its stake in shares of BAE Systems by 99.0% during the third 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 in the last quarter. Finally, Dorsey Wright & Associates grew its holdings in shares of BAE Systems by 11.7% during the third quarter. Dorsey Wright & Associates now owns 56,856 shares of the aerospace company's stock worth $3,775,000 after purchasing an additional 5,936 shares during the last quarter. Institutional investors own 0.21% of the company's stock.

Wall Street Analysts Forecast Growth

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

BAE Systems Stock Performance

Shares of BAESY stock traded up $13.62 on Monday, hitting $86.76. The company had a trading volume of 1,866,909 shares, compared to its average volume of 555,245. BAE Systems plc has a twelve month low of $56.19 and a twelve month high of $87.00. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 0.72. The stock's 50-day moving average is $61.66 and its two-hundred day moving average is $64.98.

BAE Systems 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.