Booz Allen Hamilton Holding Co. (NYSE:BAH) Stock Holdings Trimmed by WINTON GROUP Ltd

WINTON GROUP Ltd decreased its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 94.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,431 shares of the business services provider’s stock after selling 26,428 shares during the quarter. WINTON GROUP Ltd’s holdings in Booz Allen Hamilton were worth $220,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Opal Wealth Advisors LLC acquired a new stake in Booz Allen Hamilton in the 2nd quarter valued at about $26,000. OFI Invest Asset Management acquired a new position in Booz Allen Hamilton in the second quarter worth approximately $29,000. Banque Cantonale Vaudoise increased its holdings in shares of Booz Allen Hamilton by 112.4% in the first quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock valued at $31,000 after buying an additional 109 shares in the last quarter. MCF Advisors LLC lifted its position in shares of Booz Allen Hamilton by 103.6% during the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 115 shares during the last quarter. Finally, Innealta Capital LLC bought a new stake in shares of Booz Allen Hamilton during the 2nd quarter worth $34,000. Institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Jefferies Financial Group upped their target price on Booz Allen Hamilton from $180.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday, May 29th. TD Cowen reduced their price objective on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Monday, July 29th. Wells Fargo & Company raised shares of Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and dropped their target price for the stock from $168.00 to $165.00 in a research report on Monday, July 29th. JPMorgan Chase & Co. upped their price target on shares of Booz Allen Hamilton from $136.00 to $154.00 and gave the company a “neutral” rating in a research report on Wednesday, July 10th. Finally, Truist Financial lifted their price objective on shares of Booz Allen Hamilton from $140.00 to $165.00 and gave the stock a “hold” rating in a research report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $159.33.

Insider Transactions at Booz Allen Hamilton

In other news, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $143.31, for a total value of $149,185.71. Following the completion of the sale, the director now directly owns 18,123 shares in the company, valued at $2,597,207.13. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.59% of the stock is owned by corporate insiders.

Booz Allen Hamilton Stock Down 0.6 %

BAH stock opened at $154.51 on Thursday. The company has a 50 day moving average of $152.12 and a two-hundred day moving average of $150.58. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 3.07. Booz Allen Hamilton Holding Co. has a 12-month low of $106.90 and a 12-month high of $164.43. The company has a market cap of $19.98 billion, a price-to-earnings ratio of 33.59, a PEG ratio of 2.19 and a beta of 0.59.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, July 26th. The business services provider reported $1.38 EPS for the quarter, missing the consensus estimate of $1.52 by ($0.14). Booz Allen Hamilton had a return on equity of 65.80% and a net margin of 5.57%. The business had revenue of $2.94 billion for the quarter, compared to analyst estimates of $2.92 billion. On average, equities analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.96 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $2.04 dividend on an annualized basis and a yield of 1.32%. Booz Allen Hamilton’s payout ratio is currently 44.35%.

Booz Allen Hamilton Company 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 focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.