Park Place Capital Corp Has $101,000 Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Park Place Capital Corp cut its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 23.0% during the 4th quarter, Holdings Channel reports. The firm owned 788 shares of the business services provider’s stock after selling 236 shares during the quarter. Park Place Capital Corp’s holdings in Booz Allen Hamilton were worth $101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Janiczek Wealth Management LLC acquired a new position in shares of Booz Allen Hamilton during the 3rd quarter worth about $25,000. VisionPoint Advisory Group LLC grew its stake in 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 valued at $30,000 after buying an additional 118 shares during the last quarter. Acadian Asset Management LLC acquired a new position in Booz Allen Hamilton in the 3rd quarter valued at about $31,000. BKM Wealth Management LLC acquired a new position in Booz Allen Hamilton in the 4th quarter valued at about $40,000. Finally, DHJJ Financial Advisors Ltd. acquired a new position in Booz Allen Hamilton in the 3rd quarter valued at about $34,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on BAH shares. Wells Fargo & Company upped their price target on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 30th. The Goldman Sachs Group upped their price target on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, January 29th. Truist Financial increased their target price on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Monday, January 29th. JPMorgan Chase & Co. increased their target price on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 6th. Finally, Barclays lowered shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research report on Friday, January 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $139.56.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock opened at $146.83 on Friday. The company has a 50 day moving average of $146.18 and a 200-day moving average of $131.85. Booz Allen Hamilton Holding Co. has a 1-year low of $89.80 and a 1-year high of $150.59. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 3.10. The company has a market cap of $19.05 billion, a PE ratio of 47.36, a price-to-earnings-growth ratio of 2.00 and a beta of 0.53.

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 net margin of 3.96% and a return on equity of 65.31%. The company had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.54 billion. During the same quarter in the prior year, the firm posted $1.07 EPS. The firm’s quarterly revenue was up 12.9% on a year-over-year basis. As a group, equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.41 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Monday, February 12th were paid a $0.51 dividend. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, February 9th. This represents a $2.04 annualized dividend and a yield of 1.39%. Booz Allen Hamilton’s dividend payout ratio is presently 65.81%.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, COO Kristine Anderson sold 5,068 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $139.88, for a total value of $708,911.84. Following the sale, the chief operating officer now owns 71,656 shares in the company, valued at $10,023,241.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Booz Allen Hamilton news, COO Kristine Anderson sold 5,068 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $139.88, for a total value of $708,911.84. Following the sale, the chief operating officer now owns 71,656 shares in the company, valued at $10,023,241.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $219,765.00. Following the completion of the sale, the chief financial officer now owns 25,462 shares in the company, valued at approximately $3,730,437.62. The disclosure for this sale can be found here. Insiders have sold 55,568 shares of company stock worth $8,067,487 over the last quarter. Corporate insiders own 1.76% of the company’s stock.

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