Harvest Fund Management Co. Ltd Has $105,000 Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Harvest Fund Management Co. Ltd lessened its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 86.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 645 shares of the business services provider's stock after selling 3,999 shares during the period. Harvest Fund Management Co. Ltd's holdings in Booz Allen Hamilton were worth $105,000 at the end of the most recent reporting period.

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

Booz Allen Hamilton Price Performance

BAH stock traded down $1.28 on Thursday, hitting $147.35. 1,026,573 shares of the company's stock traded hands, compared to its average volume of 828,687. 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 stock has a market cap of $18.83 billion, a price-to-earnings ratio of 23.13, a P/E/G ratio of 1.77 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 stock has a fifty day moving average of $164.23 and a 200-day moving average of $156.73.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed 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. This represents a $2.04 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend is Friday, November 15th. Booz Allen Hamilton's dividend payout ratio is presently 32.03%.

Insider Buying and Selling

In other Booz Allen Hamilton news, EVP Richard Crowe sold 4,243 shares of the firm's 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 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 14.27 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Matthew Calderone sold 3,865 shares of the business's stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $160.00, for a total transaction of $618,400.00. Following the sale, the chief financial officer now owns 33,683 shares in the company, valued at $5,389,280. This represents a 10.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,173 shares of company stock worth $1,989,220 in the last three months. 1.59% of the stock is currently owned by insiders.

Analysts Set New Price Targets

BAH has been the subject of several recent analyst reports. Jefferies Financial Group cut Booz Allen Hamilton from a "buy" rating to a "hold" rating and increased their price target for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. Wells Fargo & Company decreased their target price 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. StockNews.com downgraded shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Thursday, November 7th. 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 research note on Thursday, October 10th. Finally, JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and raised their price objective for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of "Hold" and a consensus target price of $173.25.

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.