&Partners Buys New Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH)

&Partners bought a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,800 shares of the business services provider’s stock, valued at approximately $277,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BAH. International Assets Investment Management LLC purchased a new stake in Booz Allen Hamilton during the 4th quarter worth about $127,450,000. Signaturefd LLC lifted its holdings in Booz Allen Hamilton by 7.8% during the 4th quarter. Signaturefd LLC now owns 1,625 shares of the business services provider’s stock worth $208,000 after buying an additional 118 shares during the last quarter. CWM LLC lifted its holdings in Booz Allen Hamilton by 20.3% during the 4th quarter. CWM LLC now owns 3,009 shares of the business services provider’s stock worth $385,000 after buying an additional 508 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its holdings in Booz Allen Hamilton by 6.5% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,773 shares of the business services provider’s stock worth $483,000 after buying an additional 230 shares during the last quarter. Finally, Van ECK Associates Corp lifted its holdings in Booz Allen Hamilton by 56.9% during the 4th quarter. Van ECK Associates Corp now owns 69,914 shares of the business services provider’s stock worth $8,943,000 after buying an additional 25,359 shares during the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BAH. Stifel Nicolaus lifted their price target on Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, May 21st. Truist Financial decreased their price target on Booz Allen Hamilton from $160.00 to $140.00 and set a “hold” rating for the company in a report on Monday, July 29th. Barclays cut their target price on Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating on the stock in a research report on Tuesday, July 30th. JPMorgan Chase & Co. lifted their target price on Booz Allen Hamilton from $136.00 to $154.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 10th. Finally, TD Cowen cut their target price on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating on the stock in a research report on Monday, July 29th. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $156.56.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $154.94 on Monday. The company has a current ratio of 1.55, a quick ratio of 1.62 and a debt-to-equity ratio of 3.07. The business’s 50 day moving average is $151.78 and its two-hundred day moving average is $149.46. Booz Allen Hamilton Holding Co. has a 12-month low of $106.90 and a 12-month high of $164.43. The stock has a market capitalization of $20.04 billion, a price-to-earnings ratio of 33.68, a PEG ratio of 2.06 and a beta of 0.57.

Booz Allen Hamilton (NYSE:BAH) last released its 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). Booz Allen Hamilton had a return on equity of 65.80% and a net margin of 5.57%. The business had revenue of $2.94 billion for the quarter, compared to analyst estimates of $2.92 billion. Research analysts expect that Booz Allen Hamilton Holding Co. will post 5.97 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Wednesday, August 14th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.32%. The ex-dividend date is Wednesday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 44.35%.

Insider Transactions at Booz Allen Hamilton

In other news, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction that occurred 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 sale, the director now owns 18,123 shares of the company’s stock, valued at approximately $2,597,207.13. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, EVP Susan L. Penfield sold 18,522 shares of the company’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $153.73, for a total transaction of $2,847,387.06. Following the completion of the sale, the executive vice president now directly owns 33,788 shares in the company, valued at approximately $5,194,229.24. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Melody C. Barnes sold 1,041 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total value of $149,185.71. Following the sale, the director now 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 have sold 20,569 shares of company stock valued at $3,149,445 in the last quarter. 1.59% of the stock is currently owned by corporate insiders.

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.