Diversified Trust Co Boosts Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Diversified Trust Co grew its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 48.3% during the 4th quarter, HoldingsChannel reports. The fund owned 7,884 shares of the business services provider’s stock after buying an additional 2,566 shares during the period. Diversified Trust Co’s holdings in Booz Allen Hamilton were worth $1,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Peterson Financial Group Inc. purchased a new stake in shares of Booz Allen Hamilton in the third quarter worth $31,000. Gilliland Jeter Wealth Management LLC purchased a new stake in shares of Booz Allen Hamilton in the third quarter worth $45,000. Kennebec Savings Bank purchased a new stake in shares of Booz Allen Hamilton in the third quarter worth $60,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Booz Allen Hamilton in the second quarter worth $83,000. Finally, Covestor Ltd raised its position in shares of Booz Allen Hamilton by 87.2% in the third quarter. Covestor Ltd now owns 629 shares of the business services provider’s stock worth $103,000 after buying an additional 293 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Up 0.4 %

Shares of NYSE:BAH opened at $129.77 on Thursday. The stock’s 50-day moving average price is $147.82 and its 200-day moving average price is $153.23. Booz Allen Hamilton Holding Co. has a 12-month low of $125.42 and a 12-month high of $190.59. The stock has a market capitalization of $16.58 billion, a P/E ratio of 20.37, a price-to-earnings-growth ratio of 1.62 and a beta of 0.55. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th were paid a dividend of $0.51 per share. The ex-dividend date was Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.57%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.03%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BAH. TD Cowen lowered their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday. Truist Financial lowered their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research report on Friday, November 22nd. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. UBS Group started coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target on the stock. Finally, Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and raised their price target for the company from $180.00 to $190.00 in a research report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of “Hold” and a consensus price target of $161.78.

Insider Activity

In related news, CFO Matthew Calderone sold 4,065 shares of the firm’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $670,725.00. Following the sale, the chief financial officer now directly owns 29,618 shares of the company’s stock, valued at $4,886,970. This trade represents a 12.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Richard Crowe sold 4,243 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. The trade was a 14.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.59% of the company’s stock.

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.