Y Intercept Hong Kong Ltd Trims Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Y Intercept Hong Kong Ltd trimmed its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 73.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,571 shares of the business services provider's stock after selling 12,351 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in Booz Allen Hamilton were worth $744,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. OFI Invest Asset Management acquired a new position in Booz Allen Hamilton during the 2nd quarter worth about $29,000. Peterson Financial Group Inc. bought a new stake in shares of Booz Allen Hamilton during the 3rd quarter valued at about $31,000. Innealta Capital LLC acquired a new stake in shares of Booz Allen Hamilton during the 2nd quarter worth approximately $34,000. Gilliland Jeter Wealth Management LLC acquired a new stake in Booz Allen Hamilton in the third quarter worth $45,000. Finally, MCF Advisors LLC grew its stake in shares of Booz Allen Hamilton by 56.2% in the 2nd quarter. MCF Advisors LLC now owns 353 shares of the business services provider's stock valued at $54,000 after buying an additional 127 shares during the period. Institutional investors own 91.82% of the company's stock.

Insider Activity at Booz Allen Hamilton

In related news, EVP Richard Crowe sold 4,243 shares of the business's 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 in the company, valued at approximately $4,206,840. The trade was a 14.27 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of the stock in a transaction dated 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 of the company's stock, valued at $5,389,280. This represents a 10.29 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,173 shares of company stock worth $1,989,220. Insiders own 1.59% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. StockNews.com downgraded shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Thursday, December 5th. UBS Group assumed coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They set a "neutral" rating and a $159.00 price objective for the company. Jefferies Financial Group cut Booz Allen Hamilton from a "buy" rating to a "hold" rating and lifted their target price for the company from $180.00 to $190.00 in a research report on Monday, November 4th. Wells Fargo & Company dropped their price objective on Booz Allen Hamilton from $206.00 to $177.00 and set an "overweight" rating on the stock in a research note on Tuesday, November 26th. Finally, Barclays upped their target price on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an "underweight" rating in a research note on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $167.44.

Booz Allen Hamilton Stock Performance

BAH traded down $1.14 during trading on Friday, hitting $134.46. 1,177,343 shares of the company traded hands, compared to its average volume of 868,381. The firm has a market cap of $17.18 billion, a P/E ratio of 21.11, a price-to-earnings-growth ratio of 1.62 and a beta of 0.52. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. Booz Allen Hamilton Holding Co. has a one year low of $123.17 and a one year high of $190.59. The stock's fifty day moving average is $159.96 and its 200 day moving average is $155.81.

Booz Allen Hamilton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Friday, November 15th were issued a $0.51 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.52%. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 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.