Mount Yale Investment Advisors LLC Sells 483 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Mount Yale Investment Advisors LLC trimmed its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 2.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,426 shares of the business services provider’s stock after selling 483 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Booz Allen Hamilton were worth $3,144,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AGF Management Ltd. raised its holdings in shares of Booz Allen Hamilton by 63.4% in the 2nd quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider’s stock worth $269,419,000 after buying an additional 679,280 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of Booz Allen Hamilton by 29.4% in the 1st quarter. Captrust Financial Advisors now owns 1,076,130 shares of the business services provider’s stock worth $159,741,000 after buying an additional 244,391 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Booz Allen Hamilton by 2.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,406,880 shares of the business services provider’s stock worth $1,544,798,000 after buying an additional 222,884 shares in the last quarter. Acadian Asset Management LLC raised its holdings in shares of Booz Allen Hamilton by 184.0% in the 2nd quarter. Acadian Asset Management LLC now owns 335,463 shares of the business services provider’s stock worth $51,613,000 after buying an additional 217,349 shares in the last quarter. Finally, Van ECK Associates Corp raised its holdings in shares of Booz Allen Hamilton by 75.3% in the 2nd quarter. Van ECK Associates Corp now owns 465,363 shares of the business services provider’s stock worth $71,619,000 after buying an additional 199,871 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

Insider Transactions at Booz Allen Hamilton

In other news, 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 directly owns 18,123 shares in the company, valued at approximately $2,597,207.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.59% of the stock is owned by corporate insiders.

Booz Allen Hamilton Stock Up 1.1 %

Shares of BAH opened at $157.89 on Friday. The firm has a market capitalization of $20.42 billion, a price-to-earnings ratio of 34.32, a PEG ratio of 2.19 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 business’s fifty day moving average price is $152.10 and its two-hundred day moving average price is $150.69. Booz Allen Hamilton Holding Co. has a 52 week low of $106.90 and a 52 week high of $164.43.

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

Booz Allen Hamilton Announces Dividend

The company 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. 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 1.29%. Booz Allen Hamilton’s payout ratio is 44.35%.

Analysts Set New Price Targets

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

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.