Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Acquired by Rathbones Group PLC

Rathbones Group PLC increased its position in Booz Allen Hamilton Holding Co. (NYSE:BAHFree Report) by 9.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 242,182 shares of the business services provider’s stock after acquiring an additional 21,901 shares during the period. Rathbones Group PLC owned approximately 0.19% of Booz Allen Hamilton worth $30,977,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of BAH. VisionPoint Advisory Group LLC grew its holdings in shares of Booz Allen Hamilton by 75.6% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after acquiring an additional 118 shares during the period. Acadian Asset Management LLC acquired a new stake in Booz Allen Hamilton during the 3rd quarter valued at $31,000. Smithfield Trust Co grew its holdings in Booz Allen Hamilton by 87.7% during the 4th quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock valued at $34,000 after buying an additional 121 shares during the last quarter. BKM Wealth Management LLC acquired a new stake in Booz Allen Hamilton during the 4th quarter valued at $40,000. Finally, Altshuler Shaham Ltd acquired a new stake in Booz Allen Hamilton during the 3rd quarter valued at $53,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Jefferies Financial Group increased their target price on Booz Allen Hamilton from $180.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday. Stifel Nicolaus increased their target price on Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, May 21st. JPMorgan Chase & Co. increased their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a report on Tuesday, February 6th. TD Cowen increased their price target on Booz Allen Hamilton from $158.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Wells Fargo & Company increased their price target on Booz Allen Hamilton from $158.00 to $169.00 and gave the stock an “equal weight” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, four have given a hold rating and six have issued 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 $159.78.

Get Our Latest Analysis on BAH

Insider Activity

In other news, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $146.51, for a total transaction of $219,765.00. Following the completion of the sale, the chief financial officer now directly owns 25,462 shares in the company, valued at $3,730,437.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $146.51, for a total transaction of $219,765.00. Following the completion of the sale, the chief financial officer now directly owns 25,462 shares in the company, valued at $3,730,437.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Richard Crowe sold 180 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total value of $27,747.00. Following the sale, the executive vice president now owns 17,486 shares of the company’s stock, valued at $2,695,466.90. The disclosure for this sale can be found here. Insiders sold 58,749 shares of company stock worth $9,036,919 over the last ninety days. Corporate insiders own 1.76% of the company’s stock.

Booz Allen Hamilton Trading Up 0.3 %

Shares of BAH traded up $0.48 during trading hours on Friday, hitting $152.21. The stock had a trading volume of 1,035,799 shares, compared to its average volume of 790,492. The company has a debt-to-equity ratio of 3.20, a quick ratio of 1.68 and a current ratio of 1.62. The firm has a market cap of $19.68 billion, a P/E ratio of 33.09, a P/E/G ratio of 1.84 and a beta of 0.53. The company’s fifty day simple moving average is $148.60 and its 200 day simple moving average is $139.91. Booz Allen Hamilton Holding Co. has a 12-month low of $96.10 and a 12-month high of $164.43.

Booz Allen Hamilton (NYSE:BAHGet Free Report) last released its quarterly earnings data on Friday, May 24th. The business services provider reported $1.33 EPS for the quarter, beating the consensus estimate of $1.23 by $0.10. Booz Allen Hamilton had a return on equity of 68.12% and a net margin of 5.68%. The company had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.71 billion. During the same period last year, the company posted $1.01 earnings per share. The firm’s revenue was up 13.9% compared to the same quarter last year. Equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.01 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 13th will be paid a dividend of $0.51 per share. The ex-dividend date is Thursday, June 13th. This represents a $2.04 annualized dividend and a dividend yield of 1.34%. Booz Allen Hamilton’s dividend payout ratio is presently 44.35%.

Booz Allen Hamilton Company Profile

(Free Report)

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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.

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Institutional Ownership by Quarter for Booz Allen Hamilton (NYSE:BAH)

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