Insider Selling: BAE Systems plc (LON:BA) Insider Sells 155,717 Shares of Stock

BAE Systems plc (LON:BA - Get Free Report) insider Tom Arseneault sold 155,717 shares of the firm's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of GBX 1,557 ($20.24), for a total value of £2,424,513.69 ($3,151,993.88).

BAE Systems Stock Down 1.2 %

BA traded down GBX 20.50 ($0.27) on Tuesday, hitting GBX 1,636.50 ($21.28). The company had a trading volume of 8,159,135 shares. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. BAE Systems plc has a 52-week low of GBX 1,012.50 ($13.16) and a 52-week high of GBX 1,415.25 ($18.40). The stock has a fifty day simple moving average of GBX 1,322.83 and a 200-day simple moving average of GBX 1,287.12. The firm has a market capitalization of £50.66 billion, a P/E ratio of 28.08, a P/E/G ratio of 3.33 and a beta of 0.33.

BAE Systems (LON:BA - Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.89) earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. As a group, equities analysts expect that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

BAE Systems Increases Dividend

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

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Wall Street Analyst Weigh In

Several analysts recently issued reports on BA shares. JPMorgan Chase & Co. raised their target price on BAE Systems from GBX 1,630 ($21.19) to GBX 1,725 ($22.43) and gave the stock an "overweight" rating in a research note on Monday, March 3rd. Berenberg Bank restated a "buy" rating and issued a GBX 1,440 ($18.72) price objective on shares of BAE Systems in a report on Wednesday, February 19th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 1,510 ($19.63) price objective on shares of BAE Systems in a report on Thursday, February 20th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, BAE Systems has a consensus rating of "Moderate Buy" and an average price target of GBX 1,528.75 ($19.87).

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.