Everpar Advisors LLC Trims Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Everpar Advisors LLC lowered its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 7.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,246 shares of the business services provider’s stock after selling 101 shares during the period. Everpar Advisors LLC’s holdings in Booz Allen Hamilton were worth $203,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in BAH. Opal Wealth Advisors LLC bought a new stake in shares of Booz Allen Hamilton during the 2nd quarter valued at $26,000. OFI Invest Asset Management bought a new stake in Booz Allen Hamilton during the second quarter worth about $29,000. Banque Cantonale Vaudoise grew its holdings 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 bought a new position in shares of Booz Allen Hamilton during the second quarter valued at approximately $34,000. Finally, MCF Advisors LLC lifted its holdings in shares of Booz Allen Hamilton by 103.6% during the first quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 115 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Truist Financial raised their price objective on Booz Allen Hamilton from $140.00 to $165.00 and gave the company a “hold” rating in a research report on Thursday, September 5th. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and lifted their price target for the stock from $154.00 to $158.00 in a research report on Wednesday, October 2nd. Barclays cut their price objective on shares of 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. Wells Fargo & Company upped their target price on shares of 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, StockNews.com downgraded shares of Booz Allen Hamilton from a “hold” rating to a “sell” rating in a research report on Wednesday, September 25th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $166.00.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $161.38 on Wednesday. The firm has a market cap of $20.87 billion, a PE ratio of 35.08, a P/E/G ratio of 2.30 and a beta of 0.59. Booz Allen Hamilton Holding Co. has a 1-year low of $114.69 and a 1-year high of $164.43. 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 fifty day simple moving average of $154.08 and a two-hundred day simple moving average of $151.96.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, July 26th. The business services provider reported $1.38 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.92 billion. On average, equities analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.96 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

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

Insider Activity

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

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.