137,695 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 137,695 shares of the business services provider’s stock, valued at approximately $224,110,000. International Assets Investment Management LLC owned about 0.11% of Booz Allen Hamilton at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of BAH. Price T Rowe Associates Inc. MD increased its holdings in shares of Booz Allen Hamilton by 2.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 10,406,880 shares of the business services provider’s stock valued at $1,544,798,000 after purchasing an additional 222,884 shares during the last quarter. AGF Management Ltd. raised its holdings in shares of Booz Allen Hamilton by 63.4% during the 2nd quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider’s stock worth $269,419,000 after acquiring an additional 679,280 shares during the period. American Century Companies Inc. boosted its position in shares of Booz Allen Hamilton by 6.1% during the 2nd quarter. American Century Companies Inc. now owns 1,672,961 shares of the business services provider’s stock valued at $257,469,000 after acquiring an additional 96,553 shares during the last quarter. Bessemer Group Inc. grew its holdings in shares of Booz Allen Hamilton by 1.9% in the first quarter. Bessemer Group Inc. now owns 1,178,784 shares of the business services provider’s stock valued at $174,978,000 after purchasing an additional 22,545 shares during the period. Finally, Captrust Financial Advisors increased its position in Booz Allen Hamilton by 29.4% during the first quarter. Captrust Financial Advisors now owns 1,076,130 shares of the business services provider’s stock worth $159,741,000 after purchasing an additional 244,391 shares during the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Up 2.0 %

Shares of BAH opened at $166.55 on Friday. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.55 and a current ratio of 1.55. The stock has a market capitalization of $21.54 billion, a PE ratio of 36.21, a P/E/G ratio of 2.33 and a beta of 0.59. The company’s 50-day simple moving average is $158.13 and its 200-day simple moving average is $153.17. Booz Allen Hamilton Holding Co. has a 1 year low of $114.69 and a 1 year high of $167.09.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, July 26th. The business services provider reported $1.38 EPS for the quarter, missing the consensus estimate of $1.52 by ($0.14). Booz Allen Hamilton had a net margin of 5.57% and a return on equity of 65.80%. The business had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.92 billion. Analysts forecast that Booz Allen Hamilton Holding Co. will post 5.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

BAH has been the topic of several recent analyst reports. Barclays decreased their target price on shares of Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating on the stock in a report on Tuesday, July 30th. Truist Financial increased their price objective on Booz Allen Hamilton from $140.00 to $165.00 and gave the stock a “hold” rating in a research report on Thursday, September 5th. JPMorgan Chase & Co. lowered 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 note on Wednesday, October 2nd. StockNews.com downgraded Booz Allen Hamilton from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, Wells Fargo & Company upped their target price on shares of Booz Allen Hamilton from $165.00 to $185.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $170.75.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director now owns 18,123 shares in the company, valued at $2,597,207.13. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Booz Allen Hamilton news, 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 value of $618,400.00. Following the sale, the chief financial officer now directly owns 33,683 shares in the company, valued at $5,389,280. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Melody C. Barnes sold 1,041 shares of the company’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $143.31, for a total value of $149,185.71. Following the transaction, the director now directly owns 18,123 shares of the company’s stock, valued at approximately $2,597,207.13. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.59% of the stock is owned by corporate insiders.

Booz Allen Hamilton 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.