Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Purchased by First Hawaiian Bank

First Hawaiian Bank grew its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 30.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 29,336 shares of the business services provider’s stock after acquiring an additional 6,783 shares during the quarter. First Hawaiian Bank’s holdings in Booz Allen Hamilton were worth $3,776,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. AGF Management Ltd. increased its position in Booz Allen Hamilton by 63.4% in the 2nd quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider’s stock valued at $269,419,000 after acquiring an additional 679,280 shares during the period. Westfield Capital Management Co. LP acquired a new position in Booz Allen Hamilton during the 3rd quarter worth $48,349,000. Caisse DE Depot ET Placement DU Quebec grew its stake in shares of Booz Allen Hamilton by 28.5% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock worth $209,651,000 after purchasing an additional 285,621 shares in the last quarter. FMR LLC increased its holdings in shares of Booz Allen Hamilton by 111.6% during the third quarter. FMR LLC now owns 356,828 shares of the business services provider’s stock valued at $58,077,000 after purchasing an additional 188,185 shares during the period. Finally, Millennium Management LLC raised its stake in shares of Booz Allen Hamilton by 91.6% during the second quarter. Millennium Management LLC now owns 367,645 shares of the business services provider’s stock valued at $56,581,000 after purchasing an additional 175,795 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on BAH shares. StockNews.com lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Wells Fargo & Company decreased their price objective on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a report on Wednesday. TD Cowen dropped their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday. Truist Financial decreased their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research note on Friday, November 22nd. Finally, UBS Group began coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $161.78.

Booz Allen Hamilton Trading Up 0.4 %

Shares of NYSE BAH traded up $0.53 during mid-day trading on Wednesday, hitting $129.77. 1,622,978 shares of the company traded hands, compared to its average volume of 1,689,636. The business has a 50 day moving average of $147.82 and a two-hundred day moving average of $153.23. The stock has a market capitalization of $16.58 billion, a price-to-earnings ratio of 20.37, a PEG ratio of 1.62 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 1 year low of $125.42 and a 1 year high of $190.59. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend was Friday, November 15th. Booz Allen Hamilton’s payout ratio is 32.03%.

Insider Transactions at Booz Allen Hamilton

In other news, CFO Matthew Calderone sold 4,065 shares of Booz Allen Hamilton stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $670,725.00. Following the transaction, the chief financial officer now owns 29,618 shares in the company, valued at approximately $4,886,970. The trade was a 12.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Richard Crowe sold 4,243 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $700,095.00. Following the completion of the sale, the executive vice president now directly 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 disclosure for this sale can be found here. 1.59% of the stock is currently owned by 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 focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.