Signaturefd LLC Trims Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

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

Other hedge funds also recently bought and sold shares of the company. Sequoia Financial Advisors LLC lifted its stake in shares of Booz Allen Hamilton by 47.5% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 2,729 shares of the business services provider’s stock worth $444,000 after purchasing an additional 879 shares during the period. Copeland Capital Management LLC grew its holdings in Booz Allen Hamilton by 1.9% during the 3rd quarter. Copeland Capital Management LLC now owns 271,991 shares of the business services provider’s stock valued at $44,269,000 after buying an additional 4,962 shares in the last quarter. Gilliland Jeter Wealth Management LLC purchased a new stake in Booz Allen Hamilton during the 3rd quarter valued at approximately $45,000. Cyndeo Wealth Partners LLC purchased a new stake in Booz Allen Hamilton during the 3rd quarter valued at approximately $201,000. Finally, Capital Investment Advisors LLC grew its holdings in Booz Allen Hamilton by 20.1% during the 3rd quarter. Capital Investment Advisors LLC now owns 11,973 shares of the business services provider’s stock valued at $1,949,000 after buying an additional 2,001 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BAH. The Goldman Sachs Group increased their target price on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Barclays lowered their target price on Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating for the company in a research report on Tuesday, July 30th. Truist Financial increased their target price on Booz Allen Hamilton from $140.00 to $165.00 and gave the company a “hold” rating in a research report on Thursday, September 5th. StockNews.com downgraded Booz Allen Hamilton from a “hold” rating to a “sell” rating in a research report on Tuesday, October 22nd. Finally, TD Cowen lowered their price target 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 equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $170.75.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total value of $149,185.71. Following the completion of the transaction, the director now directly owns 18,123 shares of the company’s stock, valued at approximately $2,597,207.13. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, 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 completion of the sale, the chief financial officer now directly owns 33,683 shares in the company, valued at $5,389,280. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $143.31, for a total value of $149,185.71. Following the completion of the sale, the director now owns 18,123 shares of the company’s stock, valued at $2,597,207.13. 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 currently owned by corporate insiders.

Booz Allen Hamilton Trading 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 52 week low of $114.69 and a 52 week high of $189.13. The company has a market capitalization of $23.53 billion, a price-to-earnings ratio of 39.55, a price-to-earnings-growth ratio of 2.33 and a beta of 0.59. The stock has a 50-day moving average price of $158.82 and a 200 day moving average price of $153.47.

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