Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Purchased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 32.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,323 shares of the business services provider’s stock after purchasing an additional 569 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Booz Allen Hamilton were worth $378,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Cetera Investment Advisers boosted its position in shares of Booz Allen Hamilton by 142.5% in the 1st quarter. Cetera Investment Advisers now owns 28,615 shares of the business services provider’s stock worth $4,248,000 after purchasing an additional 16,815 shares in the last quarter. Sei Investments Co. lifted its position in Booz Allen Hamilton by 47.4% during the 1st quarter. Sei Investments Co. now owns 168,377 shares of the business services provider’s stock worth $24,995,000 after acquiring an additional 54,180 shares during the period. State Board of Administration of Florida Retirement System lifted its position in Booz Allen Hamilton by 2.9% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 149,998 shares of the business services provider’s stock worth $22,266,000 after acquiring an additional 4,264 shares during the period. CreativeOne Wealth LLC acquired a new stake in Booz Allen Hamilton during the 1st quarter worth about $955,000. Finally, Natixis acquired a new stake in Booz Allen Hamilton during the 1st quarter worth about $893,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Insider Activity at Booz Allen Hamilton

In related news, CFO Matthew Calderone sold 3,865 shares of Booz Allen Hamilton stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $160.00, for a total value 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. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $700,095.00. Following the completion of 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Matthew Calderone sold 3,865 shares of the business’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 value of $618,400.00. Following the sale, 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 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 in the last 90 days. Corporate insiders own 1.59% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock opened at $183.50 on Monday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. Booz Allen Hamilton Holding Co. has a twelve month low of $123.17 and a twelve month high of $190.59. The business has a 50-day moving average price of $164.43 and a 200 day moving average price of $156.34. The firm has a market cap of $23.45 billion, a PE ratio of 28.81, a P/E/G ratio of 2.47 and a beta of 0.58.

Booz Allen Hamilton Dividend Announcement

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

Wall Street Analyst Weigh In

BAH has been the subject of a number of research reports. Jefferies Financial Group cut Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price target for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday. Wells Fargo & Company lifted 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. Truist Financial lifted their price target on Booz Allen Hamilton from $165.00 to $185.00 and gave the stock a “hold” rating in a research report on Monday, October 28th. Finally, TD Cowen reduced their price objective on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Monday, July 29th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $180.63.

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.