According to Zacks, “BAE Systems is a global company engaged in the development, delivery and support of advanced defence and aerospace systems in the air, on land and at sea. BAE Systems Inc. is the US subsidiary of BAE Systems plc. Headquartered in Rockville,Maryland, BAE Systems Inc. consists of three Operating Groups that provide support and service solutions for current and future defense, intelligence, and civilian systems; design, develop and manufacture a wide range of electronic systems and subsystems for both military and commercial applications; and design, develop, produce,and provide service support of armored combat vehicles, artillery systems and intelligent munitions. “
OTCMKTS:BAESY remained flat at $$24.74 on Monday. 64,503 shares of the company’s stock were exchanged, compared to its average volume of 316,340. The company has a market capitalization of $19.73 billion, a PE ratio of 11.35, a P/E/G ratio of 2.67 and a beta of 1.01. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.95 and a current ratio of 1.03. The firm’s 50-day simple moving average is $24.18. BAE SYS PLC/S has a 52 week low of $22.36 and a 52 week high of $36.41.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Logan Capital Management Inc. increased its stake in shares of BAE SYS PLC/S by 6.1% during the 4th quarter. Logan Capital Management Inc. now owns 39,093 shares of the aerospace company’s stock valued at $914,000 after acquiring an additional 2,257 shares during the last quarter. Quadrant Capital Group LLC increased its stake in shares of BAE SYS PLC/S by 52.8% during the 1st quarter. Quadrant Capital Group LLC now owns 9,680 shares of the aerospace company’s stock valued at $244,000 after acquiring an additional 3,346 shares during the last quarter. Finally, Parametric Portfolio Associates LLC increased its stake in shares of BAE SYS PLC/S by 20.1% during the 1st quarter. Parametric Portfolio Associates LLC now owns 681,655 shares of the aerospace company’s stock valued at $17,420,000 after acquiring an additional 114,108 shares during the last quarter. 0.32% of the stock is owned by institutional investors.
BAE SYS PLC/S Company Profile
BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, and Maritime. The 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.
Featured Article: What is the QQQ ETF?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for BAE SYS PLC/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BAE SYS PLC/S and related companies with MarketBeat.com's FREE daily email newsletter.