Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund lowered its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 11.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 151,066 shares of the business services provider’s stock after selling 20,326 shares during the quarter. New York State Common Retirement Fund owned about 0.12% of Booz Allen Hamilton worth $19,323,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of BAH. VisionPoint Advisory Group LLC lifted its stake in Booz Allen Hamilton by 75.6% during the third quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after purchasing an additional 118 shares during the last quarter. Acadian Asset Management LLC acquired a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at about $31,000. BKM Wealth Management LLC bought a new stake in shares of Booz Allen Hamilton during the 4th quarter valued at about $40,000. Altshuler Shaham Ltd acquired a new stake in Booz Allen Hamilton during the third quarter worth about $53,000. Finally, First Financial Corp IN lifted its holdings in Booz Allen Hamilton by 21.3% in the fourth quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock worth $60,000 after acquiring an additional 83 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

BAH opened at $145.13 on Friday. The business has a fifty day simple moving average of $145.98 and a 200-day simple moving average of $135.03. The firm has a market cap of $18.83 billion, a PE ratio of 46.82, a P/E/G ratio of 1.96 and a beta of 0.53. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10. Booz Allen Hamilton Holding Co. has a fifty-two week low of $89.80 and a fifty-two week high of $150.59.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.28. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.54 billion. During the same quarter last year, the business posted $1.07 EPS. Booz Allen Hamilton’s revenue was up 12.9% on a year-over-year basis. As a group, equities analysts predict that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price target on Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 6th. Truist Financial increased their target price on Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Monday, January 29th. Wells Fargo & Company upped their price target on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 30th. The Goldman Sachs Group lifted their price objective on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, January 29th. Finally, Jefferies Financial Group boosted their target price on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of “Hold” and an average price target of $145.11.

Insider Activity

In related news, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the completion of the transaction, the chief financial officer now owns 25,462 shares of the company’s stock, valued at approximately $3,730,437.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Horacio Rozanski sold 49,000 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the transaction, the chief executive officer now directly owns 557,411 shares of the company’s stock, valued at $81,209,208.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $146.51, for a total value of $219,765.00. Following the sale, the chief financial officer now owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The disclosure for this sale can be found here. 1.76% of the stock is owned by company insiders.

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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.