Arkadios Wealth Advisors Boosts Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Arkadios Wealth Advisors boosted its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 12.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,627 shares of the business services provider’s stock after buying an additional 174 shares during the quarter. Arkadios Wealth Advisors’ holdings in Booz Allen Hamilton were worth $265,000 at the end of the most recent quarter.

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

Insider Activity at Booz Allen Hamilton

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 completion of the transaction, the chief financial officer now directly owns 33,683 shares in the company, valued at $5,389,280. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 completion of the transaction, the chief financial officer now directly owns 33,683 shares in the company, valued at $5,389,280. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Richard Crowe sold 4,243 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The stock was 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 $4,206,840. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,173 shares of company stock worth $1,989,220. 1.59% of the stock is owned by company insiders.

Booz Allen Hamilton Trading Down 1.0 %

Shares of NYSE:BAH opened at $181.73 on Friday. The stock has a 50 day moving average of $160.83 and a 200 day moving average of $154.33. The company has a market cap of $23.48 billion, a PE ratio of 39.51, a price-to-earnings-growth ratio of 2.33 and a beta of 0.59. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 3.07. Booz Allen Hamilton Holding Co. has a 12-month low of $118.07 and a 12-month high of $189.13.

Booz Allen Hamilton Announces Dividend

The business 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. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.12%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 44.35%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. StockNews.com raised Booz Allen Hamilton from a “sell” rating to a “hold” rating in a research report on Wednesday. JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their price target for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd. TD Cowen reduced 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. Wells Fargo & Company upped their price target on shares of Booz Allen Hamilton from $185.00 to $206.00 and gave the company an “overweight” rating in a research report on Monday. Finally, The Goldman Sachs Group upped their price target on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Booz Allen Hamilton presently has a consensus rating of “Hold” and an average target price of $180.00.

Booz Allen Hamilton Company 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.