Booz Allen Hamilton Holding Co. (NYSE:BAH) is Wilson Asset Management International PTY Ltd.'s 6th Largest Position

Wilson Asset Management International PTY Ltd. raised its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 17.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 140,868 shares of the business services provider's stock after buying an additional 21,362 shares during the period. Booz Allen Hamilton comprises about 5.6% of Wilson Asset Management International PTY Ltd.'s holdings, making the stock its 6th largest position. Wilson Asset Management International PTY Ltd. owned approximately 0.11% of Booz Allen Hamilton worth $22,928,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Opal Wealth Advisors LLC purchased a new stake in Booz Allen Hamilton in the 2nd quarter valued at about $26,000. OFI Invest Asset Management bought a new position in shares of Booz Allen Hamilton during the 2nd quarter valued at approximately $29,000. Innealta Capital LLC bought a new stake in shares of Booz Allen Hamilton in the 2nd quarter worth approximately $34,000. Crewe Advisors LLC purchased a new position in Booz Allen Hamilton in the first quarter valued at approximately $35,000. Finally, Gilliland Jeter Wealth Management LLC purchased a new stake in Booz Allen Hamilton in the third quarter worth $45,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Trading Down 1.0 %

Shares of Booz Allen Hamilton stock traded down $1.77 during midday trading on Tuesday, reaching $184.23. 1,204,607 shares of the company's stock traded hands, compared to its average volume of 692,728. The stock has a 50 day moving average of $159.56 and a 200-day moving average of $153.85. The company has a market cap of $23.80 billion, a PE ratio of 40.04, a price-to-earnings-growth ratio of 2.33 and a beta of 0.59. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.55 and a current ratio of 1.55. Booz Allen Hamilton Holding Co. has a 12 month low of $116.60 and a 12 month high of $189.13.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings results on Friday, July 26th. The business services provider reported $1.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.52 by ($0.14). The business had revenue of $2.94 billion for the quarter, compared to analysts' expectations of $2.92 billion. Booz Allen Hamilton had a net margin of 5.57% and a return on equity of 65.80%. As a group, equities analysts expect that Booz Allen Hamilton Holding Co. will post 5.97 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.11%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton's dividend payout ratio (DPR) is 44.35%.

Analyst Ratings Changes

BAH has been the subject of several research reports. JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and increased their price target for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Truist Financial boosted their target price on Booz Allen Hamilton from $165.00 to $185.00 and gave the stock a "hold" rating in a research report on Monday. Wells Fargo & Company raised their price objective on shares of Booz Allen Hamilton from $185.00 to $206.00 and gave the company an "overweight" rating in a research report on Monday. Barclays boosted their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an "underweight" rating in a research report on Tuesday. Finally, The Goldman Sachs Group lifted their price objective on Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a "buy" rating in a report on Thursday, October 10th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $180.00.

Insider Buying and Selling

In related news, Director Melody C. Barnes sold 1,041 shares of the business's stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $143.31, for a total value of $149,185.71. Following the completion of the transaction, the director now directly owns 18,123 shares in the company, valued at $2,597,207.13. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP Richard Crowe sold 4,243 shares of the firm'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 transaction, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Melody C. Barnes sold 1,041 shares of the stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $143.31, for a total value of $149,185.71. Following the completion of the transaction, the director now directly owns 18,123 shares in the company, valued at approximately $2,597,207.13. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,214 shares of company stock worth $2,138,406 in the last quarter. Corporate 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.