Signaturefd LLC Decreases Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Signaturefd LLC reduced its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 5.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,780 shares of the business services provider’s stock after selling 96 shares during the quarter. Signaturefd LLC’s holdings in Booz Allen Hamilton were worth $290,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Opal Wealth Advisors LLC acquired a new stake in Booz Allen Hamilton during the second quarter valued at $26,000. OFI Invest Asset Management purchased a new stake in Booz Allen Hamilton in the 2nd quarter valued at $29,000. Innealta Capital LLC purchased a new position in Booz Allen Hamilton during the 2nd quarter worth $34,000. MCF Advisors LLC increased its holdings in shares of Booz Allen Hamilton by 103.6% in the 1st 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 in the last quarter. Finally, Crewe Advisors LLC acquired a new stake in Booz Allen Hamilton in the 1st quarter valued at about $35,000. 91.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on BAH. The Goldman Sachs Group lifted their price objective on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. StockNews.com downgraded Booz Allen Hamilton from a “hold” rating to a “sell” rating in a report on Tuesday, October 22nd. JPMorgan Chase & Co. cut Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their price objective for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd. 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, TD Cowen lowered their price objective 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. Three research analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $170.75.

Insider Activity at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the stock in a transaction dated 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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 directly owns 18,123 shares of the company’s stock, valued at approximately $2,597,207.13. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of Booz Allen Hamilton 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 in the company, valued at $5,389,280. This trade 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 company insiders.

Booz Allen Hamilton Stock Up 9.2 %

Booz Allen Hamilton stock opened at $181.93 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 3.07. Booz Allen Hamilton Holding Co. has a 12-month low of $114.69 and a 12-month high of $189.13. The firm’s fifty day moving average is $158.82 and its 200 day moving average is $153.47. The company has a market capitalization of $23.53 billion, a PE ratio of 39.55, a PEG ratio of 2.33 and a beta of 0.59.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, October 25th. The business services provider reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.33. The firm had revenue of $3.15 billion for the quarter, compared to the consensus estimate of $2.96 billion. Booz Allen Hamilton had a net margin of 5.57% and a return on equity of 65.80%. As a group, sell-side analysts predict that Booz Allen Hamilton Holding Co. will post 5.97 EPS for the current fiscal year.

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.