Dynamic Technology Lab Private Ltd boosted its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 585.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,200 shares of the business services provider’s stock after buying an additional 14,690 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Booz Allen Hamilton were worth $1,791,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of the stock. Brooklyn Investment Group increased its holdings in shares of Booz Allen Hamilton by 102.8% during the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after buying an additional 149 shares in the last quarter. WPG Advisers LLC acquired a new position in shares of Booz Allen Hamilton in the 1st quarter valued at $35,000. Ransom Advisory Ltd bought a new stake in shares of Booz Allen Hamilton during the first quarter worth $35,000. Golden State Wealth Management LLC raised its holdings in shares of Booz Allen Hamilton by 244.9% in the second quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 240 shares during the last quarter. Finally, Banque Cantonale Vaudoise bought a new position in shares of Booz Allen Hamilton in the first quarter valued at $37,000. Institutional investors and hedge funds own 91.82% of the company’s stock.
Booz Allen Hamilton Trading Down 0.5%
NYSE BAH opened at $80.58 on Thursday. The business’s fifty day moving average is $94.59 and its 200 day moving average is $104.37. Booz Allen Hamilton Holding Corporation has a twelve month low of $79.82 and a twelve month high of $151.04. The company has a quick ratio of 1.78, a current ratio of 1.76 and a debt-to-equity ratio of 3.89. The company has a market cap of $9.77 billion, a price-to-earnings ratio of 12.30, a price-to-earnings-growth ratio of 1.46 and a beta of 0.39.
Booz Allen Hamilton Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Friday, November 14th will be given a $0.55 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.20 annualized dividend and a yield of 2.7%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 33.59%.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the stock. Zacks Research cut shares of Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. TD Cowen reiterated a “hold” rating and issued a $105.00 price objective (down previously from $125.00) on shares of Booz Allen Hamilton in a research note on Friday, October 17th. Weiss Ratings restated a “hold (c-)” rating on shares of Booz Allen Hamilton in a research report on Thursday, November 13th. Stifel Nicolaus set a $106.00 price target on shares of Booz Allen Hamilton in a research report on Friday, October 24th. Finally, JPMorgan Chase & Co. cut their target price on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating for the company in a research report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Hold” and an average target price of $110.82.
View Our Latest Stock Analysis on BAH
Insider Transactions at Booz Allen Hamilton
In other news, CEO Horacio Rozanski purchased 23,800 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The shares were bought at an average cost of $84.66 per share, with a total value of $2,014,908.00. Following the completion of the transaction, the chief executive officer directly owned 687,745 shares of the company’s stock, valued at approximately $58,224,491.70. This trade represents a 3.58% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.91% of the company’s stock.
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.
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