16,364 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC purchased a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,364 shares of the business services provider’s stock, valued at approximately $2,518,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BAH. Security National Bank of SO Dak lifted its stake in shares of Booz Allen Hamilton by 0.9% in the second quarter. Security National Bank of SO Dak now owns 17,849 shares of the business services provider’s stock valued at $2,747,000 after buying an additional 165 shares during the period. Mackenzie Financial Corp lifted its position in shares of Booz Allen Hamilton by 104.7% in the 2nd quarter. Mackenzie Financial Corp now owns 12,654 shares of the business services provider’s stock worth $1,947,000 after acquiring an additional 6,471 shares during the period. Millennium Management LLC grew its holdings in shares of Booz Allen Hamilton by 91.6% during the 2nd quarter. Millennium Management LLC now owns 367,645 shares of the business services provider’s stock worth $56,581,000 after purchasing an additional 175,795 shares in the last quarter. MBB Public Markets I LLC acquired a new stake in shares of Booz Allen Hamilton during the 2nd quarter worth approximately $1,392,000. Finally, AQR Capital Management LLC increased its position in shares of Booz Allen Hamilton by 4.4% during the second quarter. AQR Capital Management LLC now owns 182,150 shares of the business services provider’s stock valued at $28,033,000 after purchasing an additional 7,671 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Booz Allen Hamilton Trading Up 0.5 %

Shares of BAH opened at $162.81 on Tuesday. The stock has a fifty day moving average price of $152.52 and a two-hundred day moving average price of $151.32. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.55 and a current ratio of 1.55. The company has a market cap of $21.05 billion, a price-to-earnings ratio of 35.39, a PEG ratio of 2.30 and a beta of 0.59. Booz Allen Hamilton Holding Co. has a 52-week low of $109.83 and a 52-week high of $164.43.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, July 26th. The business services provider reported $1.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.52 by ($0.14). The company had revenue of $2.94 billion for the quarter, compared to analyst estimates of $2.92 billion. Booz Allen Hamilton had a return on equity of 65.80% and a net margin of 5.57%. Analysts predict that Booz Allen Hamilton Holding Co. will post 5.96 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 14th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.25%. The ex-dividend date was Wednesday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 44.35%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on BAH shares. JPMorgan Chase & Co. lifted their price target 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. StockNews.com lowered shares of Booz Allen Hamilton from a “hold” rating to a “sell” rating in a research report on Wednesday, September 25th. TD Cowen dropped their price target on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a research report on Monday, July 29th. Barclays decreased their price objective on 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, Truist Financial upped their price objective on Booz Allen Hamilton from $140.00 to $165.00 and gave the company a “hold” rating in a research note on Thursday, September 5th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average 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.