Parametric Portfolio Associates LLC raised its position in Bae Systems PLC (OTCMKTS:BAESY) by 7.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 543,682 shares of the aerospace company’s stock after purchasing an additional 39,716 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.07% of Bae Systems worth $18,757,000 as of its most recent filing with the SEC.
A number of other large investors have also recently modified their holdings of the business. Ranger International Management LP bought a new stake in shares of Bae Systems during the second quarter worth $500,000. Logan Capital Management Inc. increased its position in shares of Bae Systems by 1.7% during the second quarter. Logan Capital Management Inc. now owns 30,395 shares of the aerospace company’s stock worth $1,001,000 after acquiring an additional 503 shares in the last quarter. Finally, Schafer Cullen Capital Management Inc. increased its position in shares of Bae Systems by 4.3% during the second quarter. Schafer Cullen Capital Management Inc. now owns 2,400,486 shares of the aerospace company’s stock worth $80,512,000 after acquiring an additional 98,655 shares in the last quarter. 0.44% of the stock is owned by hedge funds and other institutional investors.
Shares of Bae Systems PLC (BAESY) opened at $30.66 on Thursday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.98 and a quick ratio of 0.87. Bae Systems PLC has a 12 month low of $28.51 and a 12 month high of $35.23.
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Bae Systems Profile
BAE Systems plc is a defense, aerospace and security company. The Company operates through five segments. The Electronic Systems segment consists of the Company’s United States and United Kingdom-based electronics activities. The Cyber & Intelligence segment consists of its United States-based Intelligence & Security business and United Kingdom-based Applied Intelligence business, and covers the Company’s cyber, secure government, and commercial and financial security activities.
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