Xponance Inc. Has $3.75 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Xponance Inc. trimmed its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 0.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,386 shares of the business services provider’s stock after selling 72 shares during the quarter. Xponance Inc.’s holdings in Booz Allen Hamilton were worth $3,753,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AGF Management Ltd. grew its stake in shares of Booz Allen Hamilton by 63.4% in the second quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider’s stock valued at $269,419,000 after buying an additional 679,280 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of Booz Allen Hamilton by 29.4% in the first quarter. Captrust Financial Advisors now owns 1,076,130 shares of the business services provider’s stock valued at $159,741,000 after buying an additional 244,391 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Booz Allen Hamilton by 2.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,406,880 shares of the business services provider’s stock worth $1,544,798,000 after acquiring an additional 222,884 shares during the period. Acadian Asset Management LLC increased its holdings in shares of Booz Allen Hamilton by 184.0% during the 2nd quarter. Acadian Asset Management LLC now owns 335,463 shares of the business services provider’s stock worth $51,613,000 after acquiring an additional 217,349 shares during the last quarter. Finally, Van ECK Associates Corp lifted its holdings in Booz Allen Hamilton by 75.3% during the 2nd quarter. Van ECK Associates Corp now owns 465,363 shares of the business services provider’s stock valued at $71,619,000 after purchasing an additional 199,871 shares during the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Up 0.1 %

Shares of BAH opened at $159.92 on Thursday. The stock’s 50-day moving average price is $152.25 and its two-hundred day moving average price is $150.94. Booz Allen Hamilton Holding Co. has a 12 month low of $106.90 and a 12 month high of $164.43. The company has a market capitalization of $20.66 billion, a PE ratio of 34.77, a PEG ratio of 2.30 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 (NYSE:BAH) last posted its quarterly earnings data on Friday, July 26th. The business services provider reported $1.38 EPS for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.14). The company had revenue of $2.94 billion during 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%. On average, analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.96 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 14th were issued a $0.51 dividend. The ex-dividend date was Wednesday, August 14th. This represents a $2.04 annualized dividend and a yield of 1.28%. Booz Allen Hamilton’s payout ratio is 44.35%.

Analyst Upgrades and Downgrades

Several analysts recently commented on BAH shares. Barclays reduced their target price on shares of Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating for the company in a report on Tuesday, July 30th. Jefferies Financial Group increased their target price on Booz Allen Hamilton from $180.00 to $185.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th. Wells Fargo & Company raised Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and dropped their target price for the stock from $168.00 to $165.00 in a report on Monday, July 29th. Truist Financial lifted their price objective on shares of Booz Allen Hamilton from $140.00 to $165.00 and gave the stock a “hold” rating in a research note on Thursday, September 5th. Finally, TD Cowen decreased their target price on shares of 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. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $159.33.

Insider Buying and Selling at Booz Allen Hamilton

In other news, CFO Matthew Calderone sold 3,865 shares of Booz Allen Hamilton stock in a transaction dated 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 of the company’s stock, valued at approximately $5,389,280. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction 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 transaction, the director now owns 18,123 shares in the company, valued at approximately $2,597,207.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of the firm’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total transaction of $618,400.00. Following the completion of the sale, the chief financial officer now owns 33,683 shares of the company’s stock, valued at $5,389,280. 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.