Insider Selling: Booz Allen Hamilton Holding Co. (NYSE:BAH) EVP Sells 4,243 Shares of Stock

Booz Allen Hamilton Holding Co. (NYSE:BAH) EVP Richard Crowe sold 4,243 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $700,095.00. Following the completion of the transaction, the executive vice president now owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $184.23 on Wednesday. The company has a 50 day moving average of $159.56 and a 200 day moving average of $153.85. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 3.07. Booz Allen Hamilton Holding Co. has a twelve month low of $116.60 and a twelve month high of $189.13. The firm has a market cap of $23.80 billion, a P/E ratio of 40.05, a PEG ratio of 2.33 and a beta of 0.59.

Booz Allen Hamilton Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be given a dividend of $0.51 per share. The ex-dividend date is Friday, November 15th. This represents a $2.04 annualized dividend and a dividend yield of 1.11%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 44.35%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on BAH. TD Cowen lowered their price objective on 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. JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and boosted their price objective for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Wells Fargo & Company upped their price objective on shares of Booz Allen Hamilton from $185.00 to $206.00 and gave the stock an “overweight” rating in a report on Monday. The Goldman Sachs Group lifted their target price on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Finally, Barclays upped their price target on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Hold” and a consensus price target of $180.00.

Hedge Funds Weigh In On Booz Allen Hamilton

A number of hedge funds have recently bought and sold shares of BAH. Opal Wealth Advisors LLC purchased a new stake in shares of Booz Allen Hamilton during the 2nd quarter valued at about $26,000. OFI Invest Asset Management purchased a new stake in Booz Allen Hamilton in the second quarter worth approximately $29,000. Innealta Capital LLC bought a new stake in Booz Allen Hamilton in the 2nd quarter worth approximately $34,000. Crewe Advisors LLC bought a new stake in Booz Allen Hamilton in the 1st quarter worth approximately $35,000. Finally, Gilliland Jeter Wealth Management LLC bought a new position in shares of Booz Allen Hamilton during the 3rd quarter valued at $45,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

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.