Robeco Institutional Asset Management B.V. Sells 122,410 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Robeco Institutional Asset Management B.V. trimmed its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 89.4% in the third quarter, Holdings Channel.com reports. The fund owned 14,586 shares of the business services provider’s stock after selling 122,410 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Booz Allen Hamilton were worth $2,374,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Opal Wealth Advisors LLC bought a new position in Booz Allen Hamilton during the second quarter worth about $26,000. OFI Invest Asset Management acquired a new position in shares of Booz Allen Hamilton in the 2nd quarter worth approximately $29,000. Innealta Capital LLC bought a new position in shares of Booz Allen Hamilton during the 2nd quarter worth approximately $34,000. Crewe Advisors LLC acquired a new stake in Booz Allen Hamilton in the 1st quarter valued at $35,000. Finally, Gilliland Jeter Wealth Management LLC bought a new stake in Booz Allen Hamilton in the third quarter valued at $45,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on BAH shares. Barclays lifted their price objective on Booz Allen Hamilton from $142.00 to $175.00 and gave the company an “underweight” rating in a report on Tuesday, October 29th. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday. TD Cowen decreased their price objective on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating on the stock in a research note on Monday, July 29th. The Goldman Sachs Group lifted their target price 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. Finally, Wells Fargo & Company increased their price target on Booz Allen Hamilton from $185.00 to $206.00 and gave the stock an “overweight” rating in a research report on Monday, October 28th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $180.63.

Booz Allen Hamilton Stock Up 4.4 %

NYSE:BAH opened at $183.50 on Friday. The company has a market cap of $23.45 billion, a price-to-earnings ratio of 28.81, a P/E/G ratio of 2.47 and a beta of 0.58. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. The stock’s fifty day moving average price is $164.43 and its two-hundred day moving average price is $156.25. Booz Allen Hamilton Holding Co. has a 52-week low of $123.17 and a 52-week high of $190.59.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.11%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio is 32.03%.

Insider Buying and Selling

In other news, CFO Matthew Calderone sold 3,865 shares of the firm’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $160.00, for a total value of $618,400.00. Following the transaction, the chief financial officer now owns 33,683 shares of the company’s stock, valued at approximately $5,389,280. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other 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 value of $618,400.00. Following the transaction, the chief financial officer now owns 33,683 shares of the company’s stock, valued at $5,389,280. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton 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 sale, the executive vice president now directly owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,173 shares of company stock worth $1,989,220 over the last three months. 1.59% of the stock is currently owned by company insiders.

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.