First Hawaiian Bank Boosts Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

First Hawaiian Bank lifted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 30.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,336 shares of the business services provider's stock after purchasing an additional 6,783 shares during the period. First Hawaiian Bank's holdings in Booz Allen Hamilton were worth $3,776,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. raised its position in shares of Booz Allen Hamilton by 3.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider's stock valued at $297,000 after buying an additional 59 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its position in Booz Allen Hamilton by 13.0% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider's stock valued at $111,000 after purchasing an additional 79 shares during the period. Apollon Wealth Management LLC lifted its stake in shares of Booz Allen Hamilton by 5.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider's stock valued at $271,000 after purchasing an additional 86 shares during the last quarter. AIA Group Ltd lifted its stake in shares of Booz Allen Hamilton by 0.9% in the 3rd quarter. AIA Group Ltd now owns 11,600 shares of the business services provider's stock valued at $1,888,000 after purchasing an additional 100 shares during the last quarter. Finally, Strategic Blueprint LLC grew its holdings in shares of Booz Allen Hamilton by 7.6% during the 3rd quarter. Strategic Blueprint LLC now owns 1,647 shares of the business services provider's stock worth $268,000 after purchasing an additional 116 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Up 0.4 %

BAH stock traded up $0.53 during mid-day trading on Wednesday, reaching $129.77. The company had a trading volume of 1,623,511 shares, compared to its average volume of 1,689,742. Booz Allen Hamilton Holding Co. has a fifty-two week low of $125.42 and a fifty-two week high of $190.59. The company has a market capitalization of $16.58 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 1.62 and a beta of 0.55. 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 firm has a fifty day simple moving average of $147.82 and a 200 day simple moving average of $153.23.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Friday, November 15th were paid a $0.51 dividend. The ex-dividend date was Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a yield of 1.57%. Booz Allen Hamilton's dividend payout ratio is currently 32.03%.

Analysts Set New Price Targets

A number of research analysts have commented on BAH shares. UBS Group started coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They issued a "neutral" rating and a $159.00 target price on the stock. Jefferies Financial Group cut shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating and increased their price objective for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. Barclays raised Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 target price on the stock in a research report on Monday. TD Cowen lowered their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a research report on Wednesday. Finally, JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and boosted their price objective for the company from $154.00 to $158.00 in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $161.78.

Insiders Place Their Bets

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 4,065 shares of Booz Allen Hamilton stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $670,725.00. Following the completion of the sale, the chief financial officer now directly owns 29,618 shares of the company's stock, valued at $4,886,970. The trade was a 12.07 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Richard Crowe sold 4,243 shares of the firm's stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $700,095.00. Following the sale, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. This trade represents a 14.27 % decrease in their position. The disclosure for this sale can be found here. 1.59% of the stock is currently owned by company insiders.

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.