Zurcher Kantonalbank Zurich Cantonalbank Has $9.20 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 14.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,508 shares of the business services provider's stock after purchasing an additional 6,967 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Booz Allen Hamilton were worth $9,197,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cetera Investment Advisers raised its holdings in Booz Allen Hamilton by 142.5% during the first quarter. Cetera Investment Advisers now owns 28,615 shares of the business services provider's stock worth $4,248,000 after purchasing an additional 16,815 shares during the last quarter. Cumberland Partners Ltd raised its stake in shares of Booz Allen Hamilton by 39.5% during the 3rd quarter. Cumberland Partners Ltd now owns 51,675 shares of the business services provider's stock worth $8,411,000 after buying an additional 14,620 shares during the last quarter. Eagle Asset Management Inc. boosted its position in shares of Booz Allen Hamilton by 3.6% in the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider's stock worth $155,810,000 after buying an additional 32,897 shares in the last quarter. BDF Gestion acquired a new stake in Booz Allen Hamilton in the 2nd quarter valued at about $2,641,000. Finally, International Assets Investment Management LLC purchased a new position in Booz Allen Hamilton during the 3rd quarter valued at about $224,110,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and increased their price target for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd. The Goldman Sachs Group raised their price target on Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a "buy" rating in a research report on Thursday, October 10th. Wells Fargo & Company decreased 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. UBS Group began coverage on shares of Booz Allen Hamilton in a research note on Monday. They issued a "neutral" rating and a $159.00 target price for the company. Finally, Barclays upped their price objective on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the company an "underweight" rating in a research note on Tuesday, October 29th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $171.67.

Booz Allen Hamilton Stock Up 0.4 %

NYSE:BAH traded up $0.54 during mid-day trading on Monday, reaching $148.72. The stock had a trading volume of 1,795,957 shares, compared to its average volume of 831,910. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. The stock's 50 day simple moving average is $163.86 and its two-hundred day simple moving average is $156.74. Booz Allen Hamilton Holding Co. has a 1-year low of $123.17 and a 1-year high of $190.59. The company has a market capitalization of $19.00 billion, a price-to-earnings ratio of 23.26, a price-to-earnings-growth ratio of 1.78 and a beta of 0.58.

Booz Allen Hamilton Dividend Announcement

The company also recently disclosed 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 annualized dividend and a yield of 1.37%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 32.03%.

Insiders Place Their Bets

In other news, CFO Matthew Calderone sold 4,065 shares of the firm's 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 owns 29,618 shares in the company, valued at approximately $4,886,970. This trade represents a 12.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, 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 owns 25,496 shares in the company, valued at approximately $4,206,840. The trade was a 14.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,173 shares of company stock valued at $1,989,220 over the last 90 days. 1.59% of the stock is owned by company insiders.

Booz Allen Hamilton Profile

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.