Toronto Dominion Bank Purchases 3,863 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Toronto Dominion Bank grew its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 29.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,909 shares of the business services provider's stock after purchasing an additional 3,863 shares during the quarter. Toronto Dominion Bank's holdings in Booz Allen Hamilton were worth $2,752,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Peterson Financial Group Inc. bought a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth about $31,000. Innealta Capital LLC bought a new position in shares of Booz Allen Hamilton in the second quarter valued at approximately $34,000. Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Booz Allen Hamilton in the third quarter worth $45,000. MCF Advisors LLC boosted its holdings in shares of Booz Allen Hamilton by 56.2% during the 2nd quarter. MCF Advisors LLC now owns 353 shares of the business services provider's stock worth $54,000 after buying an additional 127 shares during the period. Finally, Kennebec Savings Bank bought a new position in Booz Allen Hamilton in the 3rd quarter worth $60,000. 91.82% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Matthew Calderone sold 3,865 shares of the firm's stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total value of $618,400.00. Following the completion of the sale, the chief financial officer now directly owns 33,683 shares in the company, valued at approximately $5,389,280. This trade represents a 10.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Richard Crowe sold 4,243 shares of the company's stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction 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 trade represents a 14.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,173 shares of company stock worth $1,989,220 over the last three months. 1.59% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on BAH shares. Wells Fargo & Company decreased their price target on shares of Booz Allen Hamilton from $206.00 to $177.00 and set an "overweight" rating for the company in a report on Tuesday, November 26th. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and raised their target price for the company from $154.00 to $158.00 in a report on Wednesday, October 2nd. Barclays upped their price target on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an "underweight" rating in a report on Tuesday, October 29th. The Goldman Sachs Group lowered their price objective on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating on the stock in a research note on Thursday. Finally, StockNews.com cut shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Thursday, December 5th. Two equities research analysts have rated the stock with a sell rating, four have given 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.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock traded up $1.08 during trading on Monday, hitting $135.55. 1,262,807 shares of the company's stock traded hands, compared to its average volume of 870,012. The company has a market cap of $17.32 billion, a PE ratio of 21.11, a PEG ratio of 1.62 and a beta of 0.52. The firm's fifty day moving average price is $159.96 and its 200 day moving average price is $155.82. Booz Allen Hamilton Holding Co. has a twelve month low of $123.17 and a twelve month high of $190.59. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56.

Booz Allen Hamilton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th were given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend was Friday, November 15th. Booz Allen Hamilton's dividend payout ratio (DPR) is 32.03%.

Booz Allen Hamilton 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.