Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Naya Capital Management UK Ltd.

Naya Capital Management UK Ltd. lessened its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 23.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 978,002 shares of the business services provider's stock after selling 307,546 shares during the period. Booz Allen Hamilton comprises 13.3% of Naya Capital Management UK Ltd.'s portfolio, making the stock its 4th largest position. Naya Capital Management UK Ltd. owned 0.77% of Booz Allen Hamilton worth $159,180,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Cetera Investment Advisers lifted its holdings in Booz Allen Hamilton by 142.5% during the 1st quarter. Cetera Investment Advisers now owns 28,615 shares of the business services provider's stock worth $4,248,000 after buying an additional 16,815 shares during the last quarter. Cumberland Partners Ltd lifted its holdings in shares of Booz Allen Hamilton by 39.5% in the 3rd quarter. Cumberland Partners Ltd now owns 51,675 shares of the business services provider's stock worth $8,411,000 after purchasing an additional 14,620 shares during the last quarter. Eagle Asset Management Inc. lifted its holdings in shares of Booz Allen Hamilton by 3.6% in the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider's stock worth $155,810,000 after purchasing an additional 32,897 shares during the last quarter. BDF Gestion bought a new stake in shares of Booz Allen Hamilton in the 2nd quarter worth approximately $2,641,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Booz Allen Hamilton in the 3rd quarter worth approximately $224,110,000. Institutional investors own 91.82% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BAH. Wells Fargo & Company cut their price target on Booz Allen Hamilton from $206.00 to $177.00 and set an "overweight" rating on the stock in a report on Tuesday, November 26th. StockNews.com downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report 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 note on Tuesday, October 29th. UBS Group began coverage on Booz Allen Hamilton in a research note on Monday. They set a "neutral" rating and a $159.00 target price on the stock. Finally, The Goldman Sachs Group lifted their target price on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a "buy" rating in a research note on Thursday, October 10th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $171.67.

Insider Buying and Selling

In other news, CFO Matthew Calderone sold 3,865 shares of Booz Allen Hamilton stock in a transaction 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 transaction, the chief financial officer now owns 33,683 shares in the company, valued at approximately $5,389,280. The trade was a 10.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton 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 transaction, the executive vice president now owns 25,496 shares in the company, valued at $4,206,840. This represents a 14.27 % 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.

Booz Allen Hamilton Price Performance

Shares of BAH stock traded down $1.30 during mid-day trading on Wednesday, hitting $144.74. 982,607 shares of the stock traded hands, compared to its average volume of 835,622. 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 cap of $18.49 billion, a price-to-earnings ratio of 22.93, a price-to-earnings-growth ratio of 1.79 and a beta of 0.52. The company's 50-day simple moving average is $163.36 and its 200-day simple moving average is $156.67. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton's payout ratio is 32.03%.

About Booz Allen Hamilton

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.