Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lessened its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 89.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,586 shares of the business services provider's stock after selling 122,410 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Booz Allen Hamilton were worth $2,374,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Opal Wealth Advisors LLC purchased a new position in shares of Booz Allen Hamilton during the second quarter valued at approximately $26,000. OFI Invest Asset Management purchased a new position in Booz Allen Hamilton during the 2nd quarter valued at $29,000. Innealta Capital LLC bought a new position in Booz Allen Hamilton in the 2nd quarter valued at $34,000. Crewe Advisors LLC purchased a new stake in Booz Allen Hamilton in the first quarter worth $35,000. Finally, Gilliland Jeter Wealth Management LLC bought a new stake in shares of Booz Allen Hamilton during the third quarter worth $45,000. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Up 4.4 %

Shares of Booz Allen Hamilton stock traded up $7.70 during trading on Friday, reaching $183.50. The company's stock had a trading volume of 1,537,693 shares, compared to its average volume of 1,077,347. The company has a 50-day simple moving average of $164.43 and a two-hundred day simple moving average of $156.34. Booz Allen Hamilton Holding Co. has a 1-year low of $123.17 and a 1-year high of $190.59. The company has a market cap of $23.45 billion, a price-to-earnings ratio of 28.81, a P/E/G ratio of 2.47 and a beta of 0.58. 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th will be paid 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 dividend yield of 1.11%. Booz Allen Hamilton's payout ratio is 32.03%.

Insider Activity

In other Booz Allen Hamilton news, EVP Richard Crowe sold 4,243 shares of the firm's stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $700,095.00. Following the completion of the transaction, the executive vice president now owns 25,496 shares of the company's stock, valued at approximately $4,206,840. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 value of $700,095.00. Following the completion of the transaction, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Matthew Calderone sold 4,065 shares of the company's stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $670,725.00. Following the completion of the sale, the chief financial officer now owns 29,618 shares in the company, valued at approximately $4,886,970. This represents a 0.00 % 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 worth $1,989,220 over the last 90 days. 1.59% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BAH. The Goldman Sachs Group upped their price target on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a "buy" rating in a report on Thursday, October 10th. Jefferies Financial Group lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating and raised their target price for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. StockNews.com lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday. Truist Financial upped their target price on Booz Allen Hamilton from $165.00 to $185.00 and gave the stock a "hold" rating in a report on Monday, October 28th. Finally, Wells Fargo & Company boosted their price target on shares of Booz Allen Hamilton from $185.00 to $206.00 and gave the company an "overweight" rating in a report on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $180.63.

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.