B. Riley Wealth Advisors Inc. Sells 1,495 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

B. Riley Wealth Advisors Inc. trimmed its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 34.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,841 shares of the business services provider’s stock after selling 1,495 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Booz Allen Hamilton were worth $363,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BAH. VisionPoint Advisory Group LLC lifted its stake in shares of Booz Allen Hamilton by 75.6% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after acquiring an additional 118 shares during the last quarter. Acadian Asset Management LLC bought a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $31,000. Smithfield Trust Co lifted its stake in shares of Booz Allen Hamilton by 87.7% during the 4th quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock worth $34,000 after acquiring an additional 121 shares during the last quarter. BKM Wealth Management LLC bought a new stake in shares of Booz Allen Hamilton during the 4th quarter worth approximately $40,000. Finally, First Financial Corp IN lifted its stake in shares of Booz Allen Hamilton by 21.3% during the 4th quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock worth $60,000 after acquiring an additional 83 shares during the last quarter. 91.82% of the stock is owned by institutional investors.

Analyst Ratings Changes

BAH has been the subject of a number of research analyst reports. Jefferies Financial Group raised their price target on Booz Allen Hamilton from $180.00 to $185.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th. TD Cowen raised their price target on Booz Allen Hamilton from $158.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, May 28th. Truist Financial raised their price objective on Booz Allen Hamilton from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, May 28th. Wells Fargo & Company raised their price objective on Booz Allen Hamilton from $158.00 to $169.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 28th. Finally, Barclays raised their price objective on Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a report 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 company currently has an average rating of “Hold” and a consensus price target of $159.78.

Booz Allen Hamilton Trading Up 0.1 %

Shares of NYSE:BAH opened at $157.40 on Wednesday. Booz Allen Hamilton Holding Co. has a 12-month low of $106.52 and a 12-month high of $164.43. The business’s fifty day simple moving average is $150.96 and its 200-day simple moving average is $143.17. The company has a market capitalization of $20.35 billion, a PE ratio of 34.22, a P/E/G ratio of 1.84 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.10. Booz Allen Hamilton had a return on equity of 68.12% and a net margin of 5.68%. The business had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.71 billion. During the same period last year, the business posted $1.01 EPS. The business’s revenue was up 13.9% compared to the same quarter last year. As a group, equities research analysts predict that Booz Allen Hamilton Holding Co. will post 6.04 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 13th will be paid a dividend of $0.51 per share. The ex-dividend date is Thursday, June 13th. This represents a $2.04 annualized dividend and a yield of 1.30%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 44.35%.

Insiders Place Their Bets

In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 34,571 shares of Booz Allen Hamilton stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total transaction of $5,329,119.65. Following the completion of the sale, the chief executive officer now owns 579,025 shares of the company’s stock, valued at approximately $89,256,703.75. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 34,571 shares of Booz Allen Hamilton stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total transaction of $5,329,119.65. Following the completion of the sale, the chief executive officer now owns 579,025 shares of the company’s stock, valued at approximately $89,256,703.75. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Matthew Calderone sold 332 shares of Booz Allen Hamilton stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $51,177.80. Following the sale, the chief financial officer now directly owns 23,438 shares of the company’s stock, valued at approximately $3,612,967.70. The disclosure for this sale can be found here. In the last 90 days, insiders sold 58,255 shares of company stock valued at $8,970,026. 1.59% of the stock is owned by company 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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.