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

BAE Systems plc (LON:BA - Get Free Report) insider Charles Woodburn sold 877,344 shares of BAE Systems stock in a transaction dated Friday, March 28th. The shares were sold at an average price of GBX 1,565 ($20.17), for a total value of £13,730,433.60 ($17,698,419.18).

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 cost of GBX 1,127 ($14.53) per share, for a total transaction of £101.43 ($130.74).

BAE Systems Trading Down 6.4 %

BAE Systems stock traded down GBX 103 ($1.33) during trading hours on Monday, hitting GBX 1,517.50 ($19.56). The stock had a trading volume of 10,217,034 shares. The business's 50 day simple moving average is GBX 1,424.88 and its 200-day simple moving average is GBX 1,313.30. The stock has a market cap of £46.98 billion, a price-to-earnings ratio of 26.03, a P/E/G ratio of 3.33 and a beta of 0.33. BAE Systems plc has a one year low of GBX 1,012.50 ($13.05) and a one year high of GBX 1,415.25 ($18.24). The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02.

BAE Systems (LON:BA - Get Free Report) last issued its earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.88) earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. On average, equities analysts predict that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

BAE Systems Increases Dividend

The company also recently declared 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. The ex-dividend date is Thursday, April 17th. This is a boost from BAE Systems's previous dividend of $12.40. This represents a yield of 1.24%. BAE Systems's payout ratio is 53.18%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on BA shares. JPMorgan Chase & Co. lifted their price target on BAE Systems from GBX 1,630 ($21.01) to GBX 1,725 ($22.24) and gave the company an "overweight" rating in a research note on Monday, March 3rd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 1,510 ($19.46) price objective on shares of BAE Systems in a research report on Thursday, February 20th. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 1,440 ($18.56) price target on shares of BAE Systems in a research report on Wednesday, February 19th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, BAE Systems currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,528.75 ($19.71).

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.