Nisa Investment Advisors LLC Makes New Investment in BAE Systems plc (OTCMKTS:BAESY)

Nisa Investment Advisors LLC purchased a new position in shares of BAE Systems plc (OTCMKTS:BAESY) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 450 shares of the aerospace company’s stock, valued at approximately $26,000.

Several other large investors have also made changes to their positions in BAESY. Principal Street Partners LLC lifted its stake in BAE Systems by 99.0% in the 3rd quarter. Principal Street Partners LLC now owns 17,628 shares of the aerospace company’s stock valued at $1,178,000 after purchasing an additional 8,769 shares during the last quarter. Dorsey Wright & Associates increased its holdings in shares of BAE Systems by 11.7% during the third quarter. Dorsey Wright & Associates now owns 56,856 shares of the aerospace company’s stock worth $3,775,000 after buying an additional 5,936 shares in the last quarter. Finally, Altrius Capital Management Inc boosted its holdings in shares of BAE Systems by 2.3% during the 3rd quarter. Altrius Capital Management Inc now owns 109,506 shares of the aerospace company’s stock valued at $7,266,000 after acquiring an additional 2,470 shares in the last quarter. Institutional investors and hedge funds own 0.21% of the company’s stock.

BAE Systems Stock Up 0.9 %

BAESY opened at $60.79 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.03 and a quick ratio of 0.91. BAE Systems plc has a fifty-two week low of $56.19 and a fifty-two week high of $72.81. The company’s 50 day moving average price is $60.34 and its two-hundred day moving average price is $65.18.

Wall Street Analysts Forecast Growth

Separately, Bank of America reaffirmed an “underperform” rating on shares of BAE Systems in a report on Friday, November 29th.

BAE Systems Profile

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.