Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Bought by RPg Family Wealth Advisory LLC

RPg Family Wealth Advisory LLC grew its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 2.6% during the 3rd quarter, Holdings Channel reports. The firm owned 34,293 shares of the business services provider’s stock after purchasing an additional 861 shares during the quarter. Booz Allen Hamilton makes up approximately 1.6% of RPg Family Wealth Advisory LLC’s investment portfolio, making the stock its 27th largest position. RPg Family Wealth Advisory LLC’s holdings in Booz Allen Hamilton were worth $5,582,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. AGF Management Ltd. boosted its stake in 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 purchasing an additional 679,280 shares during the last quarter. Westfield Capital Management Co. LP purchased a new position in shares of Booz Allen Hamilton in the third quarter worth about $48,349,000. Acadian Asset Management LLC boosted its position in Booz Allen Hamilton by 184.0% during the second 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. Van ECK Associates Corp grew its stake 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 acquiring an additional 199,871 shares in the last quarter. Finally, FMR LLC raised its holdings in Booz Allen Hamilton by 111.6% in the 3rd quarter. FMR LLC now owns 356,828 shares of the business services provider’s stock valued at $58,077,000 after acquiring an additional 188,185 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on BAH shares. The Goldman Sachs Group upped their price target on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Jefferies Financial Group cut Booz Allen Hamilton from a “buy” rating to a “hold” rating and upped their target price for the company from $180.00 to $190.00 in a report on Monday, November 4th. Truist Financial reduced their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their price objective for the company from $154.00 to $158.00 in a report on Wednesday, October 2nd. Finally, Barclays lifted their target price on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research note on Tuesday, October 29th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Hold” and an average price target of $173.25.

Booz Allen Hamilton Stock Up 0.6 %

Shares of BAH opened at $149.52 on Wednesday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The firm has a market cap of $19.10 billion, a P/E ratio of 23.33, a price-to-earnings-growth ratio of 1.77 and a beta of 0.58. The company’s 50-day moving average price is $164.37 and its 200 day moving average price is $156.80. Booz Allen Hamilton Holding Co. has a 12-month low of $123.17 and a 12-month high of $190.59.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be given a dividend of $0.51 per share. The ex-dividend date is Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.36%. Booz Allen Hamilton’s payout ratio is currently 32.03%.

Insider Activity at Booz Allen Hamilton

In other news, EVP Richard Crowe sold 4,243 shares of the stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $700,095.00. Following the sale, the executive vice president now owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. This represents a 14.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Matthew Calderone sold 4,065 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $670,725.00. Following the completion of the transaction, the chief financial officer now directly owns 29,618 shares of the company’s stock, valued at approximately $4,886,970. The trade was a 12.07 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,173 shares of company stock worth $1,989,220. Insiders own 1.59% of the company’s stock.

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.