APG Asset Management N.V. Has $105.13 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

APG Asset Management N.V. lowered its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 12.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 732,084 shares of the business services provider’s stock after selling 104,468 shares during the period. APG Asset Management N.V.’s holdings in Booz Allen Hamilton were worth $105,125,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Opal Wealth Advisors LLC acquired a new position in Booz Allen Hamilton during the second quarter worth about $26,000. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton in the 2nd quarter valued at approximately $29,000. Banque Cantonale Vaudoise grew its holdings in shares of Booz Allen Hamilton by 112.4% during the 1st quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 109 shares during the last quarter. MCF Advisors LLC increased its position in Booz Allen Hamilton by 103.6% during the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock worth $34,000 after purchasing an additional 115 shares in the last quarter. Finally, Innealta Capital LLC bought a new position in Booz Allen Hamilton in the 2nd quarter valued at approximately $34,000. 91.82% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Matthew Calderone sold 3,865 shares of the business’s 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 transaction, the chief financial officer now directly owns 33,683 shares of the company’s stock, valued at approximately $5,389,280. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO Matthew Calderone sold 3,865 shares of Booz Allen Hamilton stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $160.00, for a total value of $618,400.00. Following the completion of the sale, the chief financial officer now owns 33,683 shares in the company, valued at approximately $5,389,280. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Melody C. Barnes sold 1,041 shares of the stock in a transaction 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 transaction, the director now directly owns 18,123 shares in the company, valued at $2,597,207.13. The disclosure for this sale can be found here. Company insiders own 1.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Truist Financial boosted their target price 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. Barclays reduced their price objective 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. Wells Fargo & Company upgraded Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and dropped their target price for the company from $168.00 to $165.00 in a research report on Monday, July 29th. JPMorgan Chase & Co. boosted their price target on Booz Allen Hamilton from $136.00 to $154.00 and gave the stock a “neutral” rating in a report on Wednesday, July 10th. Finally, StockNews.com lowered shares of Booz Allen Hamilton from a “hold” rating to a “sell” rating in a report on Wednesday. Two analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $159.33.

Booz Allen Hamilton Trading Down 0.2 %

Shares of BAH stock opened at $159.57 on Friday. The stock has a 50-day moving average of $152.31 and a 200-day moving average of $151.00. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 3.07. The stock has a market cap of $20.61 billion, a price-to-earnings ratio of 34.69, a PEG ratio of 2.30 and a beta of 0.59. Booz Allen Hamilton Holding Co. has a 1-year low of $108.58 and a 1-year high of $164.43.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly 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 firm had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $2.92 billion. On average, equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.96 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $2.04 dividend on an annualized basis and a yield of 1.28%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 44.35%.

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.