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

OneDigital Investment Advisors LLC decreased its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 55.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 6,633 shares of the business services provider’s stock after selling 8,159 shares during the period. OneDigital Investment Advisors LLC’s holdings in Booz Allen Hamilton were worth $1,080,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD increased its stake in shares of Booz Allen Hamilton by 2.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 10,406,880 shares of the business services provider’s stock worth $1,544,798,000 after acquiring an additional 222,884 shares during the period. AGF Management Ltd. lifted its position in shares of Booz Allen Hamilton by 63.4% in the second quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider’s stock valued at $269,419,000 after acquiring an additional 679,280 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Booz Allen Hamilton by 6.1% during the second quarter. American Century Companies Inc. now owns 1,672,961 shares of the business services provider’s stock worth $257,469,000 after buying an additional 96,553 shares in the last quarter. Captrust Financial Advisors raised its holdings in Booz Allen Hamilton by 29.4% in the 1st quarter. Captrust Financial Advisors now owns 1,076,130 shares of the business services provider’s stock valued at $159,741,000 after acquiring an additional 244,391 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Booz Allen Hamilton by 10.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,021,239 shares of the business services provider’s stock worth $157,184,000 after buying an additional 93,544 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on BAH. The Goldman Sachs Group lifted their target price on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a report on Thursday, October 10th. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Jefferies Financial Group cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and upped their price target for the company from $180.00 to $190.00 in a report on Monday, November 4th. JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their target price for the stock from $154.00 to $158.00 in a report on Wednesday, October 2nd. Finally, Barclays boosted their price objective on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the company an “underweight” rating in a research report on Tuesday, October 29th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Booz Allen Hamilton has a consensus rating of “Hold” and a consensus target price of $180.63.

Insiders Place Their Bets

In related news, CFO Matthew Calderone sold 4,065 shares of the stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $670,725.00. Following the sale, the chief financial officer now directly owns 29,618 shares in the company, valued at $4,886,970. This trade represents a 12.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Richard Crowe sold 4,243 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $700,095.00. Following the completion of the sale, the executive vice president now owns 25,496 shares in the company, valued at approximately $4,206,840. This trade represents a 14.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,173 shares of company stock worth $1,989,220 over the last 90 days. Corporate insiders own 1.59% of the company’s stock.

Booz Allen Hamilton Stock Down 6.0 %

Booz Allen Hamilton stock opened at $140.49 on Tuesday. The firm’s fifty day simple moving average is $165.64 and its 200-day simple moving average is $157.10. Booz Allen Hamilton Holding Co. has a 1-year low of $123.17 and a 1-year high of $190.59. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The company has a market capitalization of $17.95 billion, a P/E ratio of 22.05, a P/E/G ratio of 1.79 and a beta of 0.58.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.03%.

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.