Worldquant Millennium Advisors LLC Has $10.80 Million Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Worldquant Millennium Advisors LLC grew its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 35.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 66,373 shares of the business services provider's stock after purchasing an additional 17,291 shares during the period. Worldquant Millennium Advisors LLC owned approximately 0.05% of Booz Allen Hamilton worth $10,803,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. AGF Management Ltd. grew its stake in shares of Booz Allen Hamilton by 63.4% during 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 during the last quarter. American Century Companies Inc. grew its position in Booz Allen Hamilton by 6.1% during the 2nd quarter. American Century Companies Inc. now owns 1,672,961 shares of the business services provider's stock worth $257,469,000 after acquiring an additional 96,553 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec increased its holdings in Booz Allen Hamilton by 28.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider's stock worth $209,651,000 after purchasing an additional 285,621 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Booz Allen Hamilton by 10.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,021,239 shares of the business services provider's stock valued at $157,184,000 after purchasing an additional 93,544 shares during the last quarter. Finally, Eagle Asset Management Inc. boosted its stake in shares of Booz Allen Hamilton by 3.6% during the third quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider's stock valued at $155,810,000 after purchasing an additional 32,897 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

Insider Transactions at Booz Allen Hamilton

In related news, EVP Richard Crowe sold 4,243 shares of the company's stock in a transaction that occurred on 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 directly owns 25,496 shares of the company's stock, valued at approximately $4,206,840. This represents a 14.27 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Matthew Calderone sold 3,865 shares of the firm's stock in a transaction that occurred on Monday, September 23rd. The shares were 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 of the company's stock, valued at $5,389,280. This trade represents a 10.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,173 shares of company stock valued at $1,989,220 in the last quarter. 1.59% of the stock is currently owned by company insiders.

Booz Allen Hamilton Trading Up 2.1 %

Shares of BAH stock traded up $3.04 during mid-day trading on Friday, hitting $145.74. The company's stock had a trading volume of 1,898,208 shares, compared to its average volume of 2,240,056. The company has a market cap of $18.62 billion, a PE ratio of 22.88, a P/E/G ratio of 1.73 and a beta of 0.52. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. The company's fifty day simple moving average is $162.39 and its 200-day simple moving average is $156.44. Booz Allen Hamilton Holding Co. has a 52 week low of $123.17 and a 52 week high of $190.59.

Booz Allen Hamilton Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date was Friday, November 15th. Booz Allen Hamilton's payout ratio is 32.03%.

Analyst Ratings Changes

Several research firms have recently issued reports on BAH. JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and upped their price objective for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Barclays upped their price target on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the company an "underweight" rating in a research report on Tuesday, October 29th. Truist Financial cut their price target on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating on the stock in a report on Friday, November 22nd. Jefferies Financial Group downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating and increased their price objective for the company from $180.00 to $190.00 in a report on Monday, November 4th. Finally, Wells Fargo & Company cut their target price on Booz Allen Hamilton from $206.00 to $177.00 and set an "overweight" rating on the stock in a report on Tuesday, November 26th. 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 a consensus rating of "Hold" and a consensus target price of $171.67.

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.