Brighton Jones LLC Acquires Shares of 1,361 Booz Allen Hamilton Holding Co. (NYSE:BAH)

Brighton Jones LLC bought a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,361 shares of the business services provider’s stock, valued at approximately $222,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Booz Allen Hamilton by 25.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 29,895 shares of the business services provider’s stock worth $4,438,000 after purchasing an additional 6,065 shares during the last quarter. MCF Advisors LLC increased its stake in Booz Allen Hamilton by 103.6% in the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock worth $34,000 after acquiring an additional 115 shares during the last quarter. Diversified Trust Co purchased a new stake in shares of Booz Allen Hamilton during the 1st quarter worth approximately $425,000. Allspring Global Investments Holdings LLC boosted its position in shares of Booz Allen Hamilton by 1.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 110,191 shares of the business services provider’s stock valued at $16,357,000 after acquiring an additional 1,507 shares during the last quarter. Finally, Hedeker Wealth LLC grew its holdings in shares of Booz Allen Hamilton by 0.7% in the first quarter. Hedeker Wealth LLC now owns 33,975 shares of the business services provider’s stock valued at $5,043,000 after purchasing an additional 220 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Insiders Place Their Bets

In other news, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $2,597,207.13. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CFO Matthew Calderone sold 3,865 shares of the firm’s 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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Melody C. Barnes sold 1,041 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total transaction of $149,185.71. Following the completion of the transaction, the director now directly owns 18,123 shares in the company, valued at approximately $2,597,207.13. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.59% of the stock is owned by company insiders.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH opened at $181.93 on Friday. The firm’s 50 day simple moving average is $158.82 and its 200-day simple moving average is $153.47. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.55 and a current ratio of 1.55. Booz Allen Hamilton Holding Co. has a one year low of $114.69 and a one year high of $189.13. The firm has a market cap of $23.53 billion, a PE ratio of 39.55, a price-to-earnings-growth ratio of 2.33 and a beta of 0.59.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, October 25th. The business services provider reported $1.81 earnings per share for the quarter, beating 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 business had revenue of $3.15 billion during the quarter, compared to analyst estimates of $2.96 billion. As a group, equities analysts predict that Booz Allen Hamilton Holding Co. will post 5.97 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on BAH. StockNews.com cut shares of Booz Allen Hamilton from a “hold” rating to a “sell” rating in a research note on Tuesday, October 22nd. TD Cowen dropped 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. The Goldman Sachs Group upped their price objective 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. Wells Fargo & Company lifted their target price on Booz Allen Hamilton from $165.00 to $185.00 and gave the stock an “overweight” rating in a report on Tuesday, October 1st. Finally, JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their price target for the company from $154.00 to $158.00 in a report on Wednesday, October 2nd. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $170.75.

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.