Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by WCM Investment Management LLC

WCM Investment Management LLC trimmed its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 2.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,110,162 shares of the business services provider's stock after selling 115,540 shares during the quarter. Booz Allen Hamilton makes up approximately 1.5% of WCM Investment Management LLC's investment portfolio, making the stock its 24th largest position. WCM Investment Management LLC owned approximately 3.22% of Booz Allen Hamilton worth $666,052,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC lifted its stake in Booz Allen Hamilton by 1,046.7% in the 1st quarter. SG Americas Securities LLC now owns 33,415 shares of the business services provider's stock valued at $4,960,000 after buying an additional 30,501 shares in the last quarter. Forsta AP Fonden boosted its position in Booz Allen Hamilton by 9.7% during the first quarter. Forsta AP Fonden now owns 28,300 shares of the business services provider's stock worth $4,201,000 after acquiring an additional 2,500 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new position in Booz Allen Hamilton in the 1st quarter worth approximately $218,000. Sei Investments Co. boosted its holdings in shares of Booz Allen Hamilton by 47.4% during the 1st quarter. Sei Investments Co. now owns 168,377 shares of the business services provider's stock worth $24,995,000 after purchasing an additional 54,180 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new stake in shares of Booz Allen Hamilton in the first quarter valued at approximately $89,000. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Trading Down 0.1 %

NYSE:BAH traded down $0.10 on Monday, reaching $183.40. 939,745 shares of the company's stock were exchanged, compared to its average volume of 717,943. 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 has a market capitalization of $23.43 billion, a price-to-earnings ratio of 28.79, a price-to-earnings-growth ratio of 2.52 and a beta of 0.58. The business has a fifty day moving average of $164.92 and a 200-day moving average of $156.61. Booz Allen Hamilton Holding Co. has a 52-week low of $123.17 and a 52-week high of $190.59.

Booz Allen Hamilton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.04 annualized dividend and a dividend yield of 1.11%. Booz Allen Hamilton's dividend payout ratio (DPR) is 32.03%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on BAH. The Goldman Sachs Group raised their target price on Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a "buy" rating in a research note on Thursday, October 10th. Jefferies Financial Group cut shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating and increased their price target for the company from $180.00 to $190.00 in a research note on Monday, November 4th. StockNews.com lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Thursday. Barclays raised their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an "underweight" rating in a research note on Tuesday, October 29th. Finally, TD Cowen decreased their price target on Booz Allen Hamilton from $185.00 to $165.00 and set a "buy" rating on the stock in a research note on Monday, July 29th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Booz Allen Hamilton presently has a consensus rating of "Hold" and an average price target of $180.63.

Insider Transactions at Booz Allen Hamilton

In related 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 transaction of $700,095.00. Following the completion of the transaction, the executive vice president now directly owns 25,496 shares of the company's stock, valued at $4,206,840. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CFO Matthew Calderone sold 4,065 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $670,725.00. Following the transaction, the chief financial officer now owns 29,618 shares of the company's stock, valued at $4,886,970. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton stock in a transaction dated 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 directly owns 25,496 shares of the company's stock, valued at $4,206,840. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,173 shares of company stock valued at $1,989,220. 1.59% of the stock is currently owned by company insiders.

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.