Creative Planning Acquires 758 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Creative Planning increased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 11.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,485 shares of the business services provider’s stock after purchasing an additional 758 shares during the quarter. Creative Planning’s holdings in Booz Allen Hamilton were worth $1,218,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of BAH. Opal Wealth Advisors LLC bought a new stake in Booz Allen Hamilton during the 2nd quarter worth approximately $26,000. OFI Invest Asset Management acquired a new position in Booz Allen Hamilton during the 2nd quarter worth approximately $29,000. Innealta Capital LLC acquired a new position in Booz Allen Hamilton during the 2nd quarter worth approximately $34,000. Crewe Advisors LLC acquired a new position in Booz Allen Hamilton during the 1st quarter worth approximately $35,000. Finally, Covestor Ltd boosted its position in Booz Allen Hamilton by 150.8% during the 1st quarter. Covestor Ltd now owns 306 shares of the business services provider’s stock worth $46,000 after acquiring an additional 184 shares during the last quarter. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Trading Down 0.4 %

NYSE BAH opened at $183.49 on Thursday. The stock has a 50 day moving average of $160.24 and a 200-day moving average of $154.13. Booz Allen Hamilton Holding Co. has a 12 month low of $118.07 and a 12 month high of $189.13. The company has a market cap of $23.71 billion, a PE ratio of 39.95, a PEG ratio of 2.33 and a beta of 0.59. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 3.07.

Booz Allen Hamilton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend is Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio is 44.35%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Barclays upped their price target on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research report on Tuesday. JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their price target for the stock 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 $185.00 to $206.00 and gave the company an “overweight” rating in a report on Monday. TD Cowen cut their price objective on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a report on Monday, July 29th. Finally, StockNews.com raised Booz Allen Hamilton from a “sell” rating to a “hold” rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $180.00.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the firm’s 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 sale, the chief financial officer now owns 33,683 shares of the company’s stock, 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 through 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 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $700,095.00. Following the transaction, the executive vice president now owns 25,496 shares in the company, valued at $4,206,840. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,173 shares of company stock valued at $1,989,220 in the last quarter. 1.59% of the stock is currently owned by insiders.

Booz Allen Hamilton 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.