Mn Services Vermogensbeheer B.V. Sells 2,400 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Mn Services Vermogensbeheer B.V. trimmed its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 3.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,600 shares of the business services provider’s stock after selling 2,400 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Booz Allen Hamilton were worth $7,751,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. First Financial Corp IN raised its holdings in shares of Booz Allen Hamilton by 21.3% during the 4th 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 in the last quarter. Valley Wealth Managers Inc. lifted its position in Booz Allen Hamilton by 4.0% during the third quarter. Valley Wealth Managers Inc. now owns 2,755 shares of the business services provider’s stock valued at $301,000 after purchasing an additional 106 shares during the last quarter. CENTRAL TRUST Co grew its stake in shares of Booz Allen Hamilton by 2.4% in the 3rd quarter. CENTRAL TRUST Co now owns 4,952 shares of the business services provider’s stock worth $457,000 after buying an additional 115 shares in the last quarter. VisionPoint Advisory Group LLC increased its holdings in shares of Booz Allen Hamilton by 75.6% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after buying an additional 118 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of Booz Allen Hamilton by 0.4% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 28,651 shares of the business services provider’s stock valued at $3,131,000 after buying an additional 124 shares in the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock opened at $142.25 on Tuesday. Booz Allen Hamilton Holding Co. has a fifty-two week low of $89.80 and a fifty-two week high of $150.59. The company has a market capitalization of $18.46 billion, a PE ratio of 45.89, a P/E/G ratio of 1.96 and a beta of 0.53. The company has a 50 day moving average price of $146.33 and a 200-day moving average price of $133.51. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.28. The business had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.54 billion. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The business’s revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.07 EPS. As a group, equities analysts forecast that Booz Allen Hamilton Holding Co. will post 5.4 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were paid a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, February 9th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.47. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.43%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 65.81%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on BAH shares. The Goldman Sachs Group upped their price objective on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, January 29th. Truist Financial raised their price target 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 boosted their price objective on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 30th. Barclays cut shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research note on Friday, January 5th. Finally, Jefferies Financial Group increased their price objective on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $145.11.

Insider Activity at Booz Allen Hamilton

In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 49,000 shares of the 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 sale, the chief executive officer now owns 557,411 shares of the company’s stock, valued at approximately $81,209,208.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 49,000 shares of the business’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $145.69, for a total value of $7,138,810.00. Following the completion of the transaction, the chief executive officer now directly owns 557,411 shares in the company, valued at $81,209,208.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Kristine Anderson sold 5,068 shares of the firm’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $139.88, for a total transaction of $708,911.84. Following the completion of the sale, the chief operating officer now owns 71,656 shares in the company, valued at $10,023,241.28. The disclosure for this sale can be found here. Insiders have sold a total of 55,568 shares of company stock valued at $8,067,487 over the last ninety days. 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.