Kapitalo Investimentos Ltda Decreases Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Kapitalo Investimentos Ltda reduced its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 44.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,794 shares of the business services provider’s stock after selling 2,197 shares during the period. Kapitalo Investimentos Ltda’s holdings in Booz Allen Hamilton were worth $357,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of BAH. VisionPoint Advisory Group LLC raised its stake in shares of Booz Allen Hamilton by 75.6% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 118 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at about $31,000. Smithfield Trust Co raised its stake in shares of Booz Allen Hamilton by 87.7% in the 4th quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 121 shares in the last quarter. BKM Wealth Management LLC acquired a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at about $40,000. Finally, Altshuler Shaham Ltd acquired a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at about $53,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $153.85 on Wednesday. The firm’s 50 day moving average is $149.72 and its two-hundred day moving average is $142.18. Booz Allen Hamilton Holding Co. has a 52 week low of $106.52 and a 52 week high of $164.43. The firm has a market capitalization of $19.90 billion, a P/E ratio of 33.45, a PEG ratio of 1.78 and a beta of 0.57. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 3.20.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, May 24th. The business services provider reported $1.33 EPS for the quarter, beating the consensus estimate of $1.23 by $0.10. Booz Allen Hamilton had a net margin of 5.68% and a return on equity of 68.12%. The company had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.71 billion. During the same quarter last year, the business earned $1.01 earnings per share. Booz Allen Hamilton’s revenue was up 13.9% compared to the same quarter last year. Analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.04 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 13th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $2.04 annualized dividend and a dividend yield of 1.33%. Booz Allen Hamilton’s payout ratio is currently 44.35%.

Wall Street Analyst Weigh In

BAH has been the topic of a number of recent analyst reports. Truist Financial upped their target price on shares of Booz Allen Hamilton from $145.00 to $160.00 and gave the company a “hold” rating in a research note on Tuesday, May 28th. TD Cowen increased their price objective on shares of Booz Allen Hamilton from $158.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, May 28th. Wells Fargo & Company increased their price objective on shares of Booz Allen Hamilton from $158.00 to $169.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 28th. Stifel Nicolaus increased their price objective on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, May 21st. Finally, Barclays increased their price objective on shares of Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 29th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $159.78.

Insider Activity

In other news, EVP Richard Crowe sold 180 shares of the stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total value of $27,747.00. Following the completion of the transaction, the executive vice president now directly owns 17,486 shares in the company, valued at $2,695,466.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Horacio Rozanski sold 34,571 shares of the stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total value of $5,329,119.65. Following the completion of the transaction, the chief executive officer now directly owns 579,025 shares in the company, valued at $89,256,703.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Richard Crowe sold 180 shares of the stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total transaction of $27,747.00. Following the completion of the transaction, the executive vice president now owns 17,486 shares of the company’s stock, valued at $2,695,466.90. The disclosure for this sale can be found here. Insiders sold 58,255 shares of company stock worth $8,970,026 over the last three months. Corporate 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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.