Rep. Rick Larsen Sells Off Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Representative Rick Larsen (D-Washington) recently sold shares of Booz Allen Hamilton Holding Co. NYSE: BAH. In a filing disclosed on January 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Booz Allen Hamilton stock on January 7th.

Representative Rick Larsen also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Cintas NASDAQ: CTAS on 1/7/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 1/7/2025.
• Sold $1,001 - $15,000 in shares of Comcast NASDAQ: CMCSA on 1/7/2025.
• Purchased $1,001 - $15,000 in shares of Broadridge Financial Solutions NYSE: BR on 1/7/2025.
• Purchased $1,001 - $15,000 in shares of Verisk Analytics NASDAQ: VRSK on 1/7/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 1/7/2025.
• Sold $1,001 - $15,000 in shares of General Dynamics NYSE: GD on 1/7/2025.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock traded up $0.34 on Thursday, reaching $136.41. 1,456,672 shares of the stock were exchanged, compared to its average volume of 1,631,467. The firm's 50 day moving average is $141.15 and its 200-day moving average is $152.18. The firm has a market cap of $17.43 billion, a PE ratio of 21.41, a P/E/G ratio of 1.59 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. Booz Allen Hamilton Holding Co. has a one year low of $125.88 and a one year high of $190.59.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.50%. The ex-dividend date was Friday, November 15th. Booz Allen Hamilton's payout ratio is presently 32.03%.

Insiders Place Their Bets

In other news, CFO Matthew Calderone sold 4,065 shares of the business'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 $670,725.00. Following the transaction, 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 document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Richard Crowe sold 4,243 shares of the firm'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 value of $700,095.00. Following the sale, the executive vice president now directly owns 25,496 shares of the company's stock, valued at $4,206,840. This represents a 14.27 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.59% of the company's stock.

Institutional Trading of Booz Allen Hamilton

Several institutional investors have recently modified their holdings of the business. Peterson Financial Group Inc. acquired a new position in Booz Allen Hamilton during the 3rd quarter worth about $31,000. Gilliland Jeter Wealth Management LLC bought a new position in shares of Booz Allen Hamilton during the third quarter worth about $45,000. Kennebec Savings Bank acquired a new position in shares of Booz Allen Hamilton in the third quarter worth approximately $60,000. Matrix Trust Co boosted its holdings in Booz Allen Hamilton by 734.8% in the fourth quarter. Matrix Trust Co now owns 743 shares of the business services provider's stock valued at $96,000 after acquiring an additional 654 shares during the last quarter. Finally, Covestor Ltd increased its position in Booz Allen Hamilton by 87.2% during the 3rd quarter. Covestor Ltd now owns 629 shares of the business services provider's stock valued at $103,000 after purchasing an additional 293 shares during the period. Institutional investors own 91.82% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Jefferies Financial Group lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating and raised their price objective for the company from $180.00 to $190.00 in a research note on Monday, November 4th. JPMorgan Chase & Co. downgraded shares of Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and raised their price target for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. StockNews.com cut shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Thursday, December 5th. UBS Group assumed 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. Finally, The Goldman Sachs Group lowered their price target on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating for the company in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $161.78.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington's 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2025. Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington's 2nd Congressional District. He declared candidacy for the primary scheduled on August 6, 2024. Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure. Larsen's first position as an elected official was in 1998 as a member of the Snohomish County Council. Larsen earned his bachelor's degree from Pacific Lutheran University. After earning his master's degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

About Booz Allen Hamilton

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.