Townsquare Capital LLC Has $5.69 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Townsquare Capital LLC grew its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 42.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 34,962 shares of the business services provider's stock after acquiring an additional 10,381 shares during the quarter. Townsquare Capital LLC's holdings in Booz Allen Hamilton were worth $5,690,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Opal Wealth Advisors LLC acquired a new stake in Booz Allen Hamilton in the second quarter worth about $26,000. OFI Invest Asset Management acquired a new position in Booz Allen Hamilton during the 2nd quarter valued at about $29,000. 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 acquired a new stake in shares of Booz Allen Hamilton in the 2nd quarter worth approximately $34,000. Finally, Gilliland Jeter Wealth Management LLC bought a new position in shares of Booz Allen Hamilton in the third quarter valued at approximately $45,000. Institutional investors own 91.82% of the company's stock.

Insider Buying and Selling at Booz Allen Hamilton

In other news, 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 transaction of $700,095.00. Following the completion of the sale, the executive vice president now directly owns 25,496 shares of the company's stock, valued at $4,206,840. This trade represents a 14.27 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Matthew Calderone sold 4,065 shares of the stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $670,725.00. Following the completion of the transaction, the chief financial officer now owns 29,618 shares in the company, valued at $4,886,970. This represents a 12.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,173 shares of company stock valued at $1,989,220 in the last 90 days. 1.59% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BAH shares. StockNews.com downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Thursday, November 7th. Barclays raised their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the company an "underweight" rating in a research note on Tuesday, October 29th. The Goldman Sachs Group boosted their price target on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a "buy" rating in a research report on Thursday, October 10th. Wells Fargo & Company reduced their price objective on shares of Booz Allen Hamilton from $206.00 to $177.00 and set an "overweight" rating for the company in a research report on Tuesday. Finally, JPMorgan Chase & Co. downgraded shares of Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and boosted their target price for the stock from $154.00 to $158.00 in a report on Wednesday, October 2nd. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $173.25.

Booz Allen Hamilton Stock Up 0.6 %

Shares of BAH traded up $0.83 during mid-day trading on Friday, reaching $148.18. The company's stock had a trading volume of 540,918 shares, compared to its average volume of 827,443. The company has a market cap of $18.93 billion, a price-to-earnings ratio of 23.13, a price-to-earnings-growth ratio of 1.77 and a beta of 0.58. The business has a fifty day moving average of $164.05 and a 200 day moving average of $156.67. 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 Holding Co. has a 1 year low of $123.17 and a 1 year high of $190.59.

Booz Allen Hamilton Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be given a dividend of $0.51 per share. The ex-dividend date is Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a yield of 1.38%. Booz Allen Hamilton's payout ratio is presently 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.