Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lessened its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 84.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 24,933 shares of the business services provider's stock after selling 138,175 shares during the period. Los Angeles Capital Management LLC's holdings in Booz Allen Hamilton were worth $4,058,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC bought a new position in Booz Allen Hamilton in the 1st quarter worth approximately $218,000. Sei Investments Co. boosted its holdings in shares of Booz Allen Hamilton by 47.4% in the first quarter. Sei Investments Co. now owns 168,377 shares of the business services provider's stock valued at $24,995,000 after acquiring an additional 54,180 shares during the period. Headlands Technologies LLC purchased a new position in Booz Allen Hamilton in the 1st quarter valued at approximately $89,000. QRG Capital Management Inc. boosted its stake in Booz Allen Hamilton by 29.8% in the 1st quarter. QRG Capital Management Inc. now owns 2,994 shares of the business services provider's stock worth $444,000 after buying an additional 688 shares during the last quarter. Finally, Qsemble Capital Management LP purchased a new stake in Booz Allen Hamilton during the 1st quarter worth $265,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Matthew Calderone sold 3,865 shares of the company's stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $160.00, for a total value of $618,400.00. Following the completion of the transaction, the chief financial officer now owns 33,683 shares of the company's stock, valued at approximately $5,389,280. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, EVP Richard Crowe sold 4,243 shares of the company'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 transaction 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. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Matthew Calderone sold 3,865 shares of the 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 owns 33,683 shares in the company, valued at $5,389,280. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,173 shares of company stock worth $1,989,220. Insiders own 1.59% of the company's stock.

Booz Allen Hamilton Trading Down 5.2 %

Booz Allen Hamilton stock traded down $9.39 during trading hours on Wednesday, reaching $172.06. 2,272,217 shares of the company's stock were exchanged, compared to its average volume of 726,956. Booz Allen Hamilton Holding Co. has a twelve month low of $123.17 and a twelve month high of $190.59. The firm has a market capitalization of $21.98 billion, a PE ratio of 27.01, a PEG ratio of 2.18 and a beta of 0.58. The firm's 50 day simple moving average is $165.72 and its 200 day simple moving average is $156.97. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be given a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.19%. Booz Allen Hamilton's dividend payout ratio (DPR) is 32.03%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on BAH shares. The Goldman Sachs Group increased their target price on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a "buy" rating in a report on Thursday, October 10th. StockNews.com cut Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Thursday, November 7th. Barclays lifted their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the company an "underweight" rating in a research report on Tuesday, October 29th. TD Cowen lowered their price objective on Booz Allen Hamilton from $185.00 to $165.00 and set a "buy" rating for the company in a research note on Monday, July 29th. Finally, Truist Financial lifted their price target on Booz Allen Hamilton from $165.00 to $185.00 and gave the company a "hold" rating in a research report on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $180.63.

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.