Booz Allen Hamilton Holding Co. (NYSE:BAH) Stock Holdings Raised by Cumberland Partners Ltd

Cumberland Partners Ltd grew its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 39.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,675 shares of the business services provider's stock after buying an additional 14,620 shares during the period. Cumberland Partners Ltd's holdings in Booz Allen Hamilton were worth $8,411,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of BAH. Forsta AP Fonden increased its holdings in shares of Booz Allen Hamilton by 9.7% in the 1st quarter. Forsta AP Fonden now owns 28,300 shares of the business services provider's stock worth $4,201,000 after acquiring an additional 2,500 shares during the period. Concurrent Investment Advisors LLC acquired a new stake in shares of Booz Allen Hamilton in the first quarter valued at approximately $218,000. Sei Investments Co. boosted its position in Booz Allen Hamilton by 47.4% during the first quarter. Sei Investments Co. now owns 168,377 shares of the business services provider's stock worth $24,995,000 after purchasing an additional 54,180 shares during the period. Headlands Technologies LLC acquired a new position in Booz Allen Hamilton during the first quarter worth about $89,000. Finally, QRG Capital Management Inc. boosted its holdings in Booz Allen Hamilton by 29.8% in the first quarter. QRG Capital Management Inc. now owns 2,994 shares of the business services provider's stock valued at $444,000 after acquiring an additional 688 shares during the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Down 1.1 %

Shares of BAH stock traded down $1.95 during midday trading on Tuesday, reaching $181.45. 1,146,606 shares of the stock were exchanged, compared to its average volume of 719,901. The firm has a market cap of $23.18 billion, a PE ratio of 28.66, a price-to-earnings-growth ratio of 2.52 and a beta of 0.58. 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 current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The company's 50 day moving average is $164.92 and its two-hundred day moving average is $156.61.

Booz Allen Hamilton Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be given a $0.51 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.12%. Booz Allen Hamilton's dividend payout ratio is currently 32.03%.

Analyst Ratings Changes

Several brokerages have recently commented on BAH. The Goldman Sachs Group boosted their price objective on Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a "buy" rating in a report on Thursday, October 10th. Wells Fargo & Company increased their target price on Booz Allen Hamilton from $185.00 to $206.00 and gave the company an "overweight" rating in a report on Monday, October 28th. Jefferies Financial Group cut Booz Allen Hamilton from a "buy" rating to a "hold" rating and raised their price target for the company from $180.00 to $190.00 in a research note on Monday, November 4th. StockNews.com cut shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Thursday, November 7th. Finally, TD Cowen decreased their price objective on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a "buy" rating for the company in a report on Monday, July 29th. 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. Based on data from MarketBeat.com, Booz Allen Hamilton currently has an average rating of "Hold" and a consensus target price of $180.63.

Insider Activity

In other news, EVP Richard Crowe sold 4,243 shares of the 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 $700,095.00. Following the completion of the sale, the executive vice president now owns 25,496 shares of the company's stock, valued at $4,206,840. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, EVP Richard Crowe sold 4,243 shares of the company'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 directly owns 25,496 shares in the company, valued at approximately $4,206,840. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Matthew Calderone sold 3,865 shares of Booz Allen Hamilton stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total transaction of $618,400.00. Following the completion of the transaction, the chief financial officer now directly owns 33,683 shares in the company, valued at $5,389,280. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,173 shares of company stock valued at $1,989,220. Corporate insiders own 1.59% of the company's stock.

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.