Greenleaf Trust Grows Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Greenleaf Trust raised its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,335 shares of the business services provider’s stock after purchasing an additional 99 shares during the period. Greenleaf Trust’s holdings in Booz Allen Hamilton were worth $682,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AIA Group Ltd lifted its holdings in Booz Allen Hamilton by 8.1% in the 4th quarter. AIA Group Ltd now owns 10,700 shares of the business services provider’s stock valued at $1,369,000 after purchasing an additional 800 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in Booz Allen Hamilton by 6.4% in the 4th quarter. Daiwa Securities Group Inc. now owns 8,294 shares of the business services provider’s stock valued at $1,061,000 after purchasing an additional 500 shares in the last quarter. Strs Ohio purchased a new position in Booz Allen Hamilton in the 4th quarter valued at about $1,676,000. Sumitomo Life Insurance Co. lifted its holdings in Booz Allen Hamilton by 125.6% in the 4th quarter. Sumitomo Life Insurance Co. now owns 15,629 shares of the business services provider’s stock valued at $1,999,000 after purchasing an additional 8,700 shares in the last quarter. Finally, Triasima Portfolio Management inc. lifted its holdings in Booz Allen Hamilton by 149.1% in the 4th quarter. Triasima Portfolio Management inc. now owns 6,700 shares of the business services provider’s stock valued at $857,000 after purchasing an additional 4,010 shares in the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BAH has been the topic of a number of recent research reports. Wells Fargo & Company upped their target price on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, January 30th. Truist Financial increased their price objective on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a report on Monday, January 29th. Barclays lowered shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a report on Friday, January 5th. Jefferies Financial Group increased their price objective on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a report on Tuesday, February 6th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Booz Allen Hamilton has a consensus rating of “Hold” and an average target price of $145.11.

Booz Allen Hamilton Stock Up 0.6 %

BAH opened at $143.01 on Tuesday. The firm has a 50 day moving average price of $145.98 and a 200 day moving average price of $134.47. The company has a market cap of $18.56 billion, a PE ratio of 46.13, a price-to-earnings-growth ratio of 1.93 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a 1 year low of $89.80 and a 1 year high of $150.59. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.28. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. The firm had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.54 billion. During the same quarter in the prior year, the company earned $1.07 EPS. The company’s revenue was up 12.9% on a year-over-year basis. Sell-side analysts expect that Booz Allen Hamilton Holding Co. will post 5.39 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 12th were given a $0.51 dividend. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.47. The ex-dividend date was Friday, February 9th. This represents a $2.04 annualized dividend and a yield of 1.43%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 65.81%.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the completion of the sale, the chief financial officer now owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, COO Kristine Anderson sold 5,068 shares of the stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $139.88, for a total transaction of $708,911.84. Following the completion of the transaction, the chief operating officer now directly owns 71,656 shares in the company, valued at approximately $10,023,241.28. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Matthew Calderone sold 1,500 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the transaction, the chief financial officer now owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The disclosure for this sale can be found here. Insiders sold 55,568 shares of company stock valued at $8,067,487 over the last 90 days. 1.76% of the stock is 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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.