Captrust Financial Advisors Purchases 9,480 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Captrust Financial Advisors lifted its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 1.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 856,437 shares of the business services provider's stock after purchasing an additional 9,480 shares during the quarter. Captrust Financial Advisors owned about 0.67% of Booz Allen Hamilton worth $139,394,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Opal Wealth Advisors LLC bought a new stake in shares of Booz Allen Hamilton in the 2nd quarter worth $26,000. Peterson Financial Group Inc. acquired a new position in Booz Allen Hamilton during the third quarter worth about $31,000. OFI Invest Asset Management bought a new stake in Booz Allen Hamilton in the second quarter worth about $29,000. Innealta Capital LLC acquired a new stake in Booz Allen Hamilton in the 2nd quarter valued at about $34,000. Finally, Gilliland Jeter Wealth Management LLC bought a new position in shares of Booz Allen Hamilton during the 3rd quarter valued at about $45,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Analyst Upgrades and Downgrades

BAH has been the topic of a number of research reports. Wells Fargo & Company dropped their target price on shares of Booz Allen Hamilton from $206.00 to $177.00 and set an "overweight" rating on the stock in a report on Tuesday. JPMorgan Chase & Co. cut Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and upped their price target for the company from $154.00 to $158.00 in a report on Wednesday, October 2nd. Barclays raised their price objective on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an "underweight" rating in a research note on Tuesday, October 29th. StockNews.com lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Thursday, November 7th. Finally, Truist Financial reduced their target price on Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating for the company in a report on Friday, November 22nd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $173.25.

Booz Allen Hamilton Stock Up 0.6 %

Shares of NYSE BAH traded up $0.83 during mid-day trading on Friday, reaching $148.18. The company had a trading volume of 540,888 shares, compared to its average volume of 827,442. The stock has a fifty day moving average of $164.05 and a two-hundred day moving average of $156.67. Booz Allen Hamilton Holding Co. has a 12-month low of $123.17 and a 12-month high of $190.59. The company has a market capitalization of $18.93 billion, a price-to-earnings ratio of 23.13, a PEG ratio of 1.77 and a beta of 0.58. 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton's dividend payout ratio is currently 32.03%.

Insider Transactions at Booz Allen Hamilton

In other Booz Allen Hamilton 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 completion of the sale, the chief financial officer now owns 29,618 shares of the company's stock, valued at $4,886,970. The trade was a 12.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of the stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $700,095.00. Following the transaction, the executive vice president now directly owns 25,496 shares in the company, valued at approximately $4,206,840. This represents a 14.27 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,173 shares of company stock valued at $1,989,220. 1.59% of the stock is owned by 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.