Vanguard Personalized Indexing Management LLC Purchases 1,148 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Vanguard Personalized Indexing Management LLC lifted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 13.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,518 shares of the business services provider’s stock after buying an additional 1,148 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Booz Allen Hamilton were worth $1,446,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in BAH. Opal Wealth Advisors LLC purchased a new position in Booz Allen Hamilton in the 2nd quarter worth about $26,000. OFI Invest Asset Management purchased a new position in shares of Booz Allen Hamilton during the second quarter valued at approximately $29,000. Banque Cantonale Vaudoise lifted its position in Booz Allen Hamilton by 112.4% during the first quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 109 shares during the period. Innealta Capital LLC purchased a new stake in Booz Allen Hamilton in the second quarter worth approximately $34,000. Finally, MCF Advisors LLC grew its position in Booz Allen Hamilton by 103.6% in the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock worth $34,000 after purchasing an additional 115 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on BAH shares. Wells Fargo & Company upgraded Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and dropped their price target for the stock from $168.00 to $165.00 in a research note on Monday, July 29th. Barclays reduced their price target on shares of Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating for the company in a research report on Tuesday, July 30th. Jefferies Financial Group raised their price objective on shares of Booz Allen Hamilton from $180.00 to $185.00 and gave the stock a “buy” rating in a report on Wednesday, May 29th. JPMorgan Chase & Co. upped their target price on shares of Booz Allen Hamilton from $136.00 to $154.00 and gave the company a “neutral” rating in a report on Wednesday, July 10th. Finally, Truist Financial lifted their price target on shares of Booz Allen Hamilton from $140.00 to $165.00 and gave the stock a “hold” rating in a research note on Thursday, September 5th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Booz Allen Hamilton has a consensus rating of “Moderate Buy” and an average price target of $159.33.

Booz Allen Hamilton Stock Up 1.1 %

BAH opened at $157.89 on Monday. Booz Allen Hamilton Holding Co. has a fifty-two week low of $106.90 and a fifty-two week high of $164.43. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.55 and a current ratio of 1.55. The stock has a market cap of $20.42 billion, a price-to-earnings ratio of 34.32, a price-to-earnings-growth ratio of 2.19 and a beta of 0.59. The firm’s fifty day moving average is $152.10 and its 200 day moving average is $150.71.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, July 26th. The business services provider reported $1.38 earnings per share for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.14). The business had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.92 billion. Booz Allen Hamilton had a return on equity of 65.80% and a net margin of 5.57%. On average, sell-side analysts forecast 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. Stockholders of record on Wednesday, August 14th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Wednesday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 44.35%.

Insider Buying and Selling

In other Booz Allen Hamilton news, Director Melody C. Barnes sold 1,041 shares of Booz Allen Hamilton 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 sale, the director now directly owns 18,123 shares in the company, valued at approximately $2,597,207.13. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.59% of the stock is owned by company insiders.

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.