Central Pacific Bank Trust Division Has $46,000 Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Central Pacific Bank Trust Division lowered its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 94.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 282 shares of the business services provider’s stock after selling 4,688 shares during the quarter. Central Pacific Bank Trust Division’s holdings in Booz Allen Hamilton were worth $46,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Booz Allen Hamilton in the second quarter worth $3,601,000. Sanctuary Advisors LLC bought a new stake in shares of Booz Allen Hamilton during the second quarter worth $2,289,000. Point72 Asset Management L.P. bought a new stake in shares of Booz Allen Hamilton during the second quarter worth $439,000. Quarry LP raised its position in shares of Booz Allen Hamilton by 69.5% during the second quarter. Quarry LP now owns 1,185 shares of the business services provider’s stock worth $182,000 after acquiring an additional 486 shares during the last quarter. Finally, Creative Planning raised its position in shares of Booz Allen Hamilton by 16.7% during the second quarter. Creative Planning now owns 6,727 shares of the business services provider’s stock worth $1,035,000 after acquiring an additional 962 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on BAH shares. StockNews.com downgraded Booz Allen Hamilton from a “hold” rating to a “sell” rating in a research report on Wednesday, September 25th. TD Cowen dropped their target price on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a research report on Monday, July 29th. Barclays dropped their target price on 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. Truist Financial upped their price objective on Booz Allen Hamilton from $140.00 to $165.00 and gave the company a “hold” rating in a report on Thursday, September 5th. Finally, Wells Fargo & Company upped their price objective on Booz Allen Hamilton from $165.00 to $185.00 and gave the company an “overweight” rating in a report on Tuesday. Three analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $166.00.

Insider Activity

In other news, CFO Matthew Calderone sold 3,865 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total value of $618,400.00. Following the completion of the sale, the chief financial officer now directly owns 33,683 shares of the company’s stock, valued at $5,389,280. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the firm’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total transaction of $618,400.00. Following the transaction, the chief financial officer now owns 33,683 shares in the company, valued at $5,389,280. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Melody C. Barnes sold 1,041 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total value of $149,185.71. Following the transaction, the director now owns 18,123 shares in the company, valued at approximately $2,597,207.13. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.59% of the company’s stock.

Booz Allen Hamilton Stock Down 0.1 %

Shares of BAH stock traded down $0.16 on Friday, hitting $160.80. 632,413 shares of the stock were exchanged, compared to its average volume of 662,235. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 3.07. The firm has a market capitalization of $20.79 billion, a P/E ratio of 34.93, a price-to-earnings-growth ratio of 2.30 and a beta of 0.59. The business has a 50-day moving average of $153.29 and a 200 day moving average of $151.70. Booz Allen Hamilton Holding Co. has a fifty-two week low of $114.69 and a fifty-two week high of $164.43.

Booz Allen Hamilton (NYSE:BAH) last issued 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 net margin of 5.57% and a return on equity of 65.80%. The company had revenue of $2.94 billion for the quarter, compared to analyst estimates of $2.92 billion. Equities analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.96 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Wednesday, August 14th were given a $0.51 dividend. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.27%. Booz Allen Hamilton’s payout ratio is 44.35%.

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.