Vontobel Holding Ltd. Sells 110 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Vontobel Holding Ltd. reduced its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,574 shares of the business services provider’s stock after selling 110 shares during the quarter. Vontobel Holding Ltd.’s holdings in Booz Allen Hamilton were worth $907,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. First Horizon Advisors Inc. increased its stake in Booz Allen Hamilton by 4.5% in the second quarter. First Horizon Advisors Inc. now owns 1,596 shares of the business services provider’s stock valued at $246,000 after purchasing an additional 69 shares in the last quarter. X Square Capital LLC boosted its holdings in Booz Allen Hamilton by 0.7% in the second quarter. X Square Capital LLC now owns 10,509 shares of the business services provider’s stock worth $1,617,000 after acquiring an additional 72 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in Booz Allen Hamilton by 13.0% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider’s stock valued at $111,000 after acquiring an additional 79 shares during the period. CIBC Asset Management Inc increased its holdings in shares of Booz Allen Hamilton by 1.9% during the second quarter. CIBC Asset Management Inc now owns 4,448 shares of the business services provider’s stock valued at $685,000 after acquiring an additional 82 shares in the last quarter. Finally, Gulf International Bank UK Ltd increased its holdings in shares of Booz Allen Hamilton by 0.8% during the first quarter. Gulf International Bank UK Ltd now owns 10,838 shares of the business services provider’s stock valued at $1,608,000 after acquiring an additional 85 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. downgraded shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and lifted their price target for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd. Truist Financial upped their target price on shares of Booz Allen Hamilton from $140.00 to $165.00 and gave the stock a “hold” rating in a report on Thursday, September 5th. StockNews.com upgraded Booz Allen Hamilton from a “sell” rating to a “hold” rating in a research note on Monday, October 14th. Wells Fargo & Company increased their price objective on Booz Allen Hamilton from $165.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 1st. Finally, The Goldman Sachs Group lifted their target price on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Two analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $170.75.

Insider Buying and Selling at Booz Allen Hamilton

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 shares were sold at an average price of $160.00, for a total transaction of $618,400.00. Following the completion of the sale, 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the 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 completion of the transaction, the chief financial officer now directly owns 33,683 shares of the company’s stock, valued at approximately $5,389,280. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.59% of the company’s stock.

Booz Allen Hamilton Price Performance

Booz Allen Hamilton stock opened at $163.91 on Monday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 3.07. The stock has a market cap of $21.20 billion, a P/E ratio of 35.63, a P/E/G ratio of 2.33 and a beta of 0.59. The company’s 50 day moving average price is $156.80 and its two-hundred day moving average price is $152.77. Booz Allen Hamilton Holding Co. has a 52 week low of $114.69 and a 52 week high of $164.58.

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 net margin of 5.57% and a return on equity of 65.80%. The business had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.92 billion. On average, equities analysts predict that Booz Allen Hamilton Holding Co. will post 5.97 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend was Wednesday, August 14th. Booz Allen Hamilton’s dividend payout ratio is 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.