Amalgamated Bank Grows Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Amalgamated Bank boosted its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 14.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,881 shares of the business services provider’s stock after purchasing an additional 1,228 shares during the quarter. Amalgamated Bank’s holdings in Booz Allen Hamilton were worth $1,608,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of BAH. Opal Wealth Advisors LLC purchased a new position in Booz Allen Hamilton during the 2nd quarter worth $26,000. OFI Invest Asset Management purchased a new position in Booz Allen Hamilton during the 2nd quarter worth $29,000. Innealta Capital LLC purchased a new position in shares of Booz Allen Hamilton in the 2nd quarter valued at $34,000. Crewe Advisors LLC purchased a new position in shares of Booz Allen Hamilton in the 1st quarter valued at $35,000. Finally, Gilliland Jeter Wealth Management LLC purchased a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at $45,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BAH has been the topic of a number of analyst reports. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. The Goldman Sachs Group lifted their price target on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price target for the company from $180.00 to $190.00 in a report on Monday, November 4th. Truist Financial lifted their price target on Booz Allen Hamilton from $165.00 to $185.00 and gave the company a “hold” rating in a report on Monday, October 28th. Finally, Barclays boosted their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research note on Tuesday, October 29th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $180.63.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $181.45 on Wednesday. The stock has a 50-day moving average of $165.42 and a two-hundred day moving average of $156.86. Booz Allen Hamilton Holding Co. has a one year low of $123.17 and a one year high of $190.59. 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 has a market cap of $23.18 billion, a P/E ratio of 28.49, a P/E/G ratio of 2.52 and a beta of 0.58.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be given a dividend of $0.51 per share. The ex-dividend date is Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a yield of 1.12%. Booz Allen Hamilton’s dividend payout ratio is currently 32.03%.

Insiders Place Their Bets

In other Booz Allen Hamilton 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 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 approximately $5,389,280. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, EVP Richard Crowe sold 4,243 shares of the business’s 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 of the company’s stock, valued at $4,206,840. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Matthew Calderone sold 3,865 shares of the business’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 completion of the transaction, the chief financial officer now directly 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 12,173 shares of company stock valued at $1,989,220. 1.59% of the stock is owned by company insiders.

About Booz Allen Hamilton

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.