National Pension Service raised its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 3.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 204,866 shares of the business services provider's stock after buying an additional 7,222 shares during the quarter. National Pension Service owned approximately 0.16% of Booz Allen Hamilton worth $33,344,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of BAH. AGF Management Ltd. grew its position in Booz Allen Hamilton by 63.4% during the second quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider's stock valued at $269,419,000 after acquiring an additional 679,280 shares during the period. Captrust Financial Advisors increased its position in Booz Allen Hamilton by 29.4% during the 1st quarter. Captrust Financial Advisors now owns 1,076,130 shares of the business services provider's stock worth $159,741,000 after purchasing an additional 244,391 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Booz Allen Hamilton by 2.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 10,406,880 shares of the business services provider's stock valued at $1,544,798,000 after buying an additional 222,884 shares during the period. Acadian Asset Management LLC lifted its position in Booz Allen Hamilton by 184.0% during the second quarter. Acadian Asset Management LLC now owns 335,463 shares of the business services provider's stock valued at $51,613,000 after buying an additional 217,349 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in Booz Allen Hamilton by 75.3% during the second quarter. Van ECK Associates Corp now owns 465,363 shares of the business services provider's stock worth $71,619,000 after buying an additional 199,871 shares during the period. Institutional investors and hedge funds own 91.82% of the company's stock.
Insider Activity at Booz Allen Hamilton
In other Booz Allen Hamilton 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 value of $700,095.00. Following the completion of the sale, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, EVP Richard Crowe sold 4,243 shares of the business's stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $700,095.00. Following the sale, the executive vice president now owns 25,496 shares of the company's stock, valued at approximately $4,206,840. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Matthew Calderone sold 4,065 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 transaction of $670,725.00. Following the transaction, the chief financial officer now owns 29,618 shares of the company's stock, valued at approximately $4,886,970. This trade represents a 0.00 % 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 over the last quarter. 1.59% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the company. TD Cowen decreased their target price on Booz Allen Hamilton from $185.00 to $165.00 and set a "buy" rating for the company in a research report on Monday, July 29th. JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and lifted their price target for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. StockNews.com downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday. Barclays boosted their price target on Booz Allen Hamilton from $142.00 to $175.00 and gave the company an "underweight" rating in a report on Tuesday, October 29th. Finally, Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating and lifted their price objective for the stock from $180.00 to $190.00 in a report on Monday. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $180.63.
Get Our Latest Analysis on BAH
Booz Allen Hamilton Stock Performance
Shares of BAH traded down $4.20 during trading hours on Thursday, reaching $175.76. 2,339,661 shares of the company's stock traded hands, compared to its average volume of 713,102. The firm has a market capitalization of $22.46 billion, a price-to-earnings ratio of 28.25, a P/E/G ratio of 2.48 and a beta of 0.58. The business's fifty day simple moving average is $163.57 and its two-hundred day simple moving average is $155.76. Booz Allen Hamilton Holding Co. has a twelve month low of $123.06 and a twelve month 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.
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 issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.16%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 32.03%.
About Booz Allen Hamilton
(
Free Report)
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.
Further Reading
Before you consider Booz Allen Hamilton, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Booz Allen Hamilton wasn't on the list.
While Booz Allen Hamilton currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report