Quantbot Technologies LP Boosts Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Quantbot Technologies LP grew its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 936.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,218 shares of the business services provider's stock after buying an additional 9,232 shares during the quarter. Quantbot Technologies LP's holdings in Booz Allen Hamilton were worth $1,663,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of BAH. Opal Wealth Advisors LLC purchased a new position in Booz Allen Hamilton in the second quarter worth about $26,000. OFI Invest Asset Management purchased a new position in shares of Booz Allen Hamilton in the second quarter worth approximately $29,000. Peterson Financial Group Inc. bought a new stake in Booz Allen Hamilton during the third quarter valued at approximately $31,000. Innealta Capital LLC purchased a new stake in Booz Allen Hamilton during the second quarter valued at approximately $34,000. Finally, Gilliland Jeter Wealth Management LLC bought a new position in Booz Allen Hamilton in the third quarter worth approximately $45,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Price Performance

NYSE BAH traded up $0.83 on Friday, reaching $148.18. The company had a trading volume of 540,927 shares, compared to its average volume of 827,443. The stock has a market capitalization of $18.93 billion, a PE ratio of 23.26, a price-to-earnings-growth ratio of 1.77 and a beta of 0.58. Booz Allen Hamilton Holding Co. has a 12 month low of $123.17 and a 12 month high of $190.59. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. The firm's 50 day moving average price is $163.86 and its 200 day moving average price is $156.64.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend is Friday, November 15th. Booz Allen Hamilton's payout ratio is presently 32.03%.

Insider Buying and Selling at Booz Allen Hamilton

In other news, EVP Richard Crowe sold 4,243 shares of the business's stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $700,095.00. Following the sale, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. The trade was a 14.27 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Matthew Calderone sold 4,065 shares of the 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 completion of the transaction, the chief financial officer now directly owns 29,618 shares of the company's stock, valued at approximately $4,886,970. The trade was a 12.07 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,173 shares of company stock worth $1,989,220 in the last quarter. 1.59% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Barclays raised their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an "underweight" rating in a report on Tuesday, October 29th. Jefferies Financial Group cut Booz Allen Hamilton from a "buy" rating to a "hold" rating and lifted their price objective for the company from $180.00 to $190.00 in a research report on Monday, November 4th. StockNews.com lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday, November 7th. Wells Fargo & Company lowered their price target on shares of Booz Allen Hamilton from $206.00 to $177.00 and set an "overweight" rating on the stock in a report on Tuesday. Finally, The Goldman Sachs Group increased their price objective on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a "buy" rating in a research note on Thursday, October 10th. Two investment 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, Booz Allen Hamilton has an average rating of "Hold" and an average target price of $173.25.

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.