Peddock Capital Advisors LLC Sells 82 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Peddock Capital Advisors LLC trimmed its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 4.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,838 shares of the business services provider’s stock after selling 82 shares during the quarter. Peddock Capital Advisors LLC’s holdings in Booz Allen Hamilton were worth $299,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Opal Wealth Advisors LLC bought a new position in shares of Booz Allen Hamilton in the second quarter valued at about $26,000. OFI Invest Asset Management acquired a new stake in Booz Allen Hamilton in the second quarter worth about $29,000. Banque Cantonale Vaudoise increased its position in Booz Allen Hamilton by 112.4% in the first quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after purchasing an additional 109 shares during the period. Innealta Capital LLC acquired a new stake in Booz Allen Hamilton in the second quarter worth about $34,000. Finally, MCF Advisors LLC increased its position in Booz Allen Hamilton by 103.6% in the first 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. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Stock Up 0.2 %

NYSE BAH traded up $0.35 during trading on Wednesday, hitting $161.75. The stock had a trading volume of 340,992 shares, compared to its average volume of 660,604. Booz Allen Hamilton Holding Co. has a 12 month low of $114.69 and a 12 month high of $164.43. The company has a market capitalization of $20.92 billion, a PE ratio of 35.08, a P/E/G ratio of 2.30 and a beta of 0.59. 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 company’s 50-day moving average price is $154.08 and its two-hundred day moving average price is $151.96.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, July 26th. The business services provider reported $1.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $2.92 billion. As a group, sell-side analysts forecast that Booz Allen Hamilton Holding Co. will post 5.96 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 14th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date was Wednesday, August 14th. Booz Allen Hamilton’s payout ratio is presently 44.35%.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. StockNews.com lowered Booz Allen Hamilton from a “hold” rating to a “sell” rating in a research report on Wednesday, September 25th. TD Cowen decreased 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. Truist Financial boosted their target price on Booz Allen Hamilton from $140.00 to $165.00 and gave the stock a “hold” rating in a research report on Thursday, September 5th. Barclays cut their price objective on Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating on the stock in a report on Tuesday, July 30th. Finally, Wells Fargo & Company lifted 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, October 1st. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $166.00.

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.