Axa S.A. Acquires 7,510 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Axa S.A. boosted its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 27.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,823 shares of the business services provider’s stock after buying an additional 7,510 shares during the period. Axa S.A.’s holdings in Booz Allen Hamilton were worth $5,359,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in BAH. Opal Wealth Advisors LLC bought a new stake in Booz Allen Hamilton during the second quarter valued at about $26,000. OFI Invest Asset Management bought a new stake in shares of Booz Allen Hamilton in the 2nd quarter valued at about $29,000. Banque Cantonale Vaudoise grew its position in shares of Booz Allen Hamilton by 112.4% in the 1st quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after buying an additional 109 shares during the last quarter. Innealta Capital LLC bought a new position in shares of Booz Allen Hamilton during the 2nd quarter worth approximately $34,000. Finally, MCF Advisors LLC lifted its position in Booz Allen Hamilton by 103.6% during the first quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 115 shares during the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CFO Matthew Calderone sold 3,865 shares of the firm’s 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 sale, the chief financial officer now directly owns 33,683 shares of the company’s stock, valued at $5,389,280. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total value of $618,400.00. Following the sale, the chief financial officer now owns 33,683 shares in the company, valued at approximately $5,389,280. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Melody C. Barnes sold 1,041 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $143.31, for a total transaction of $149,185.71. Following the transaction, the director now directly owns 18,123 shares of the company’s stock, valued at $2,597,207.13. The disclosure for this sale can be found here. Insiders own 1.59% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $162.05 on Friday. Booz Allen Hamilton Holding Co. has a 52 week low of $108.64 and a 52 week high of $164.43. The business’s 50 day moving average price is $152.43 and its 200 day moving average price is $151.16. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 3.07. The firm has a market cap of $20.96 billion, a P/E ratio of 35.23, a P/E/G ratio of 2.30 and a beta of 0.59.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, July 26th. The business services provider reported $1.38 EPS for the quarter, missing the consensus estimate of $1.52 by ($0.14). The business had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.92 billion. Booz Allen Hamilton had a net margin of 5.57% and a return on equity of 65.80%. On average, sell-side analysts expect that Booz Allen Hamilton Holding Co. will post 5.96 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were paid a dividend of $0.51 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.26%. Booz Allen Hamilton’s payout ratio is currently 44.35%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on BAH shares. StockNews.com lowered shares of Booz Allen Hamilton from a “hold” rating to a “sell” rating in a report on Wednesday. Wells Fargo & Company raised Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and reduced their target price for the company from $168.00 to $165.00 in a research report on Monday, July 29th. TD Cowen lowered their price target on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a report on Monday, July 29th. Barclays cut their price objective on shares of Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating on the stock in a report on Tuesday, July 30th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Booz Allen Hamilton from $136.00 to $154.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 10th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $159.33.

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.