Bae Systems PLC (OTCMKTS:BAESY) Stock Short Interest Report for October

Bae Systems PLC (OTCMKTS:BAESY) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 14,846 shares, a decline of 71.5% from the October 15th total of 52,004 shares. Based on an average daily volume of 317,585 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of Bae Systems

Several institutional investors and hedge funds have recently made changes to their positions in BAESY. First Command Advisory Services Inc. grew its holdings in shares of Bae Systems by 480.5% in the third quarter. First Command Advisory Services Inc. now owns 952 shares of the aerospace company’s stock worth $99,000 after purchasing an additional 788 shares during the last quarter. Sterling Capital Management LLC increased its stake in Bae Systems by 1.5% in the 3rd quarter. Sterling Capital Management LLC now owns 9,230 shares of the aerospace company’s stock worth $960,000 after buying an additional 134 shares during the period. Henry James International Management Inc. lifted its holdings in Bae Systems by 15.8% during the 3rd quarter. Henry James International Management Inc. now owns 30,099 shares of the aerospace company’s stock valued at $3,131,000 after buying an additional 4,102 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Bae Systems by 11.6% during the 3rd quarter. GAMMA Investing LLC now owns 4,428 shares of the aerospace company’s stock valued at $459,000 after buying an additional 459 shares in the last quarter. Finally, Confluence Investment Management LLC boosted its position in Bae Systems by 0.9% in the 3rd quarter. Confluence Investment Management LLC now owns 13,537 shares of the aerospace company’s stock valued at $1,403,000 after buying an additional 117 shares during the period. 0.21% of the stock is currently owned by institutional investors.

Bae Systems Trading Down 0.0%

Shares of Bae Systems stock opened at $99.64 on Friday. The stock’s fifty day moving average is $104.11 and its two-hundred day moving average is $108.94. The company has a quick ratio of 0.91, a current ratio of 1.02 and a debt-to-equity ratio of 0.53. Bae Systems has a 52 week low of $84.50 and a 52 week high of $126.00.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on BAESY shares. Deutsche Bank reissued a “hold” rating on shares of Bae Systems in a research report on Tuesday, August 11th. BNP Paribas Exane assumed coverage on Bae Systems in a research report on Thursday, September 10th. They set a “neutral” rating and a $113.00 target price for the company. Finally, Royal Bank Of Canada began coverage on Bae Systems in a research report on Tuesday, August 11th. They set a “sector perform” rating for the company. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $113.00.

Bae Systems Company Profile

BAE Systems plc is a global defense, aerospace and security company headquartered in the United Kingdom. It develops and supports products and services for governments and military customers, including combat aircraft, naval ships and submarines, armored vehicles, munitions, sensors and electronic warfare systems. The company also provides cybersecurity, intelligence and other technology services. Its operations span the United Kingdom, the United States, Australia, Saudi Arabia and other markets.