Booz Allen Hamilton Holding Co. (NYSE:BAH) Stock Holdings Lessened by SG Americas Securities LLC

SG Americas Securities LLC cut its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 95.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 711 shares of the business services provider's stock after selling 16,122 shares during the period. SG Americas Securities LLC's holdings in Booz Allen Hamilton were worth $116,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of BAH. Wealth Enhancement Advisory Services LLC grew its stake in shares of Booz Allen Hamilton by 25.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 29,895 shares of the business services provider's stock valued at $4,438,000 after acquiring an additional 6,065 shares in the last quarter. MCF Advisors LLC increased its holdings in Booz Allen Hamilton by 103.6% in the first quarter. MCF Advisors LLC now owns 226 shares of the business services provider's stock valued at $34,000 after buying an additional 115 shares during the last quarter. Diversified Trust Co bought a new stake in Booz Allen Hamilton in the first quarter valued at about $425,000. Allspring Global Investments Holdings LLC increased its holdings in Booz Allen Hamilton by 1.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 110,191 shares of the business services provider's stock valued at $16,357,000 after buying an additional 1,507 shares during the last quarter. Finally, Hedeker Wealth LLC increased its holdings in Booz Allen Hamilton by 0.7% in the first quarter. Hedeker Wealth LLC now owns 33,975 shares of the business services provider's stock valued at $5,043,000 after buying an additional 220 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BAH has been the subject of several research analyst reports. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and boosted their price objective for the company from $154.00 to $158.00 in a report on Wednesday, October 2nd. Truist Financial boosted their price objective on Booz Allen Hamilton from $140.00 to $165.00 and gave the company a "hold" rating in a report on Thursday, September 5th. 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 report on Monday, July 29th. The Goldman Sachs Group boosted their price objective on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a "buy" rating in a report on Thursday, October 10th. Finally, StockNews.com downgraded Booz Allen Hamilton from a "hold" rating to a "sell" rating in a research note on Tuesday, October 22nd. Three analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $170.75.

Booz Allen Hamilton Stock Performance

Shares of NYSE BAH traded up $15.38 during midday trading on Friday, hitting $181.93. 2,387,460 shares of the company's stock were exchanged, compared to its average volume of 686,389. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.55 and a quick ratio of 1.55. The stock's 50 day moving average price is $158.82 and its 200-day moving average price is $153.55. The firm has a market cap of $23.53 billion, a P/E ratio of 39.55, a PEG ratio of 2.33 and a beta of 0.59. Booz Allen Hamilton Holding Co. has a twelve month low of $114.69 and a twelve month high of $189.13.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings data on Friday, October 25th. The business services provider reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.33. The business had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $2.96 billion. Booz Allen Hamilton had a return on equity of 65.80% and a net margin of 5.57%. Equities research analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.97 EPS for the current year.

Insider Transactions at Booz Allen Hamilton

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 stock was 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 in the company, valued at approximately $5,389,280. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Booz Allen Hamilton news, Director Melody C. Barnes sold 1,041 shares of the company's stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total value of $149,185.71. Following the completion of the sale, the director now directly owns 18,123 shares in the company, valued at $2,597,207.13. 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. Also, CFO Matthew Calderone sold 3,865 shares of the company's stock in a transaction that occurred on 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 sale, the chief financial officer now owns 33,683 shares of the company's stock, valued at $5,389,280. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.59% of the company's stock.

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.