Janus Henderson Group PLC Purchases 146,420 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Janus Henderson Group PLC grew its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 30.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 631,703 shares of the business services provider's stock after acquiring an additional 146,420 shares during the period. Janus Henderson Group PLC owned about 0.49% of Booz Allen Hamilton worth $102,809,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Oppenheimer & Co. Inc. grew its position in shares of Booz Allen Hamilton by 3.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider's stock valued at $297,000 after acquiring an additional 59 shares during the period. First Horizon Advisors Inc. boosted its holdings in Booz Allen Hamilton by 4.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,596 shares of the business services provider's stock valued at $246,000 after purchasing an additional 69 shares during the period. X Square Capital LLC boosted its holdings in Booz Allen Hamilton by 0.7% in the 2nd quarter. X Square Capital LLC now owns 10,509 shares of the business services provider's stock valued at $1,617,000 after purchasing an additional 72 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Booz Allen Hamilton by 13.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider's stock valued at $111,000 after purchasing an additional 79 shares during the period. Finally, CIBC Asset Management Inc boosted its holdings in Booz Allen Hamilton by 1.9% in the 2nd quarter. CIBC Asset Management Inc now owns 4,448 shares of the business services provider's stock valued at $685,000 after purchasing an additional 82 shares during the period. 91.82% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, 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 completion of the transaction, the chief financial officer now directly owns 33,683 shares of the company's stock, valued at $5,389,280. The trade was a 10.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Richard Crowe sold 4,243 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 transaction of $700,095.00. Following the sale, the executive vice president now directly owns 25,496 shares of the company's stock, valued at approximately $4,206,840. This represents a 14.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,173 shares of company stock valued at $1,989,220. Insiders own 1.59% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on BAH shares. StockNews.com cut shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Thursday, November 7th. Jefferies Financial Group cut shares of 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 report on Monday, November 4th. The Goldman Sachs Group raised their price objective on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the company a "buy" rating in a research report on Thursday, October 10th. Truist Financial lowered their price objective on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating on the stock in a research report on Friday, November 22nd. Finally, Barclays lifted their target price on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an "underweight" rating in a research report on Tuesday, October 29th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $171.67.

Booz Allen Hamilton Stock Down 1.2 %

NYSE:BAH traded down $1.77 during mid-day trading on Thursday, hitting $142.70. 1,664,146 shares of the company's stock were exchanged, compared to its average volume of 843,213. Booz Allen Hamilton Holding Co. has a one year low of $123.17 and a one year high of $190.59. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. The business has a fifty day moving average price of $163.05 and a 200 day moving average price of $156.58. The company has a market cap of $18.23 billion, a PE ratio of 22.68, a P/E/G ratio of 1.75 and a beta of 0.52.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th were issued a $0.51 dividend. The ex-dividend date was Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.43%. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 32.03%.

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.