Bae Systems PLC (BAESY) Holdings Raised by Parametric Portfolio Associates LLC

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.

Several equities research analysts have recently issued reports on BAESY shares. Zacks Investment Research raised shares of Bae Systems from a “hold” rating to a “buy” rating and set a $36.00 price objective for the company in a research report on Wednesday, September 13th. Berenberg Bank downgraded shares of Bae Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $38.00.

COPYRIGHT VIOLATION WARNING: “Bae Systems PLC (BAESY) Holdings Raised by Parametric Portfolio Associates LLC” was originally published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this news story can be read at https://www.com-unik.info/2017/12/28/bae-systems-plc-baesy-holdings-raised-by-parametric-portfolio-associates-llc.html.

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.

Want to see what other hedge funds are holding BAESY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bae Systems PLC (OTCMKTS:BAESY).

Institutional Ownership by Quarter for Bae Systems (OTCMKTS:BAESY)

Receive News & Ratings for Bae Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bae Systems and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit