Barclays PLC Raises Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Barclays PLC boosted its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 17.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,365 shares of the business services provider's stock after acquiring an additional 14,826 shares during the period. Barclays PLC owned 0.08% of Booz Allen Hamilton worth $16,497,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of BAH. AGF Management Ltd. raised its position in shares of Booz Allen Hamilton by 63.4% in the second quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider's stock worth $269,419,000 after buying an additional 679,280 shares in the last quarter. Westfield Capital Management Co. LP purchased a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at about $48,349,000. Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Booz Allen Hamilton by 28.5% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider's stock valued at $209,651,000 after acquiring an additional 285,621 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of Booz Allen Hamilton by 184.0% during the second quarter. Acadian Asset Management LLC now owns 335,463 shares of the business services provider's stock worth $51,613,000 after purchasing an additional 217,349 shares in the last quarter. Finally, Van ECK Associates Corp increased its position in shares of Booz Allen Hamilton by 75.3% in the second quarter. Van ECK Associates Corp now owns 465,363 shares of the business services provider's stock worth $71,619,000 after purchasing an additional 199,871 shares during the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BAH has been the subject of several research analyst reports. UBS Group started coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They set a "neutral" rating and a $159.00 target price for the company. JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and upped their target price for the stock from $154.00 to $158.00 in a research report on Wednesday, October 2nd. Truist Financial reduced their target price on Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating on the stock in a research note on Friday, November 22nd. StockNews.com lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Thursday, December 5th. Finally, The Goldman Sachs Group reduced their price objective on Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating on the stock in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $167.44.

Insider Transactions at Booz Allen Hamilton

In related news, CFO Matthew Calderone sold 3,865 shares of the firm's stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $160.00, for a total value of $618,400.00. Following the sale, the chief financial officer now directly owns 33,683 shares of the company's stock, valued at $5,389,280. This trade represents a 10.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Richard Crowe sold 4,243 shares of the business's stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $700,095.00. Following the transaction, the executive vice president now owns 25,496 shares in the company, valued at approximately $4,206,840. This represents a 14.27 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,173 shares of company stock worth $1,989,220. Insiders own 1.59% of the company's stock.

Booz Allen Hamilton Trading Down 0.8 %

Shares of BAH traded down $1.14 during trading hours on Friday, hitting $134.46. The company had a trading volume of 1,177,343 shares, compared to its average volume of 868,381. The firm has a market cap of $17.18 billion, a P/E ratio of 21.11, a P/E/G ratio of 1.62 and a beta of 0.52. Booz Allen Hamilton Holding Co. has a 52-week low of $123.17 and a 52-week high of $190.59. The stock's 50 day moving average price is $159.96 and its 200 day moving average price is $155.82. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th were paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend was Friday, November 15th. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 32.03%.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.