Xponance Inc. Has $2.31 Million Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Xponance Inc. lowered its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 6.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 18,031 shares of the business services provider’s stock after selling 1,250 shares during the period. Xponance Inc.’s holdings in Booz Allen Hamilton were worth $2,306,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. AIA Group Ltd boosted its stake in Booz Allen Hamilton by 8.1% during the 4th quarter. AIA Group Ltd now owns 10,700 shares of the business services provider’s stock valued at $1,369,000 after purchasing an additional 800 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Booz Allen Hamilton by 6.4% in the 4th quarter. Daiwa Securities Group Inc. now owns 8,294 shares of the business services provider’s stock worth $1,061,000 after buying an additional 500 shares during the last quarter. Strs Ohio purchased a new position in shares of Booz Allen Hamilton in the 4th quarter worth approximately $1,676,000. Sumitomo Life Insurance Co. boosted its stake in shares of Booz Allen Hamilton by 125.6% in the 4th quarter. Sumitomo Life Insurance Co. now owns 15,629 shares of the business services provider’s stock worth $1,999,000 after buying an additional 8,700 shares during the last quarter. Finally, Triasima Portfolio Management inc. boosted its stake in shares of Booz Allen Hamilton by 149.1% in the 4th quarter. Triasima Portfolio Management inc. now owns 6,700 shares of the business services provider’s stock worth $857,000 after buying an additional 4,010 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Jefferies Financial Group boosted their target price on Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. The Goldman Sachs Group boosted their target price on Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, January 29th. Truist Financial boosted their target price on Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a research note on Monday, January 29th. Barclays downgraded Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research note on Friday, January 5th. Finally, Wells Fargo & Company lifted 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 report on Tuesday, January 30th. One investment 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, the company currently has a consensus rating of “Hold” and a consensus price target of $145.11.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, COO Kristine Anderson sold 5,068 shares of the business’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $139.88, for a total transaction of $708,911.84. Following the sale, the chief operating officer now owns 71,656 shares of the company’s stock, valued at approximately $10,023,241.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, COO Kristine Anderson sold 5,068 shares of the company’s stock in a transaction 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 transaction, the chief operating officer now owns 71,656 shares of the company’s stock, valued at $10,023,241.28. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Matthew Calderone sold 1,500 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $146.51, for a total transaction of $219,765.00. Following the completion of the transaction, the chief financial officer now directly 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 valued at $8,067,487 in the last 90 days. 1.76% of the stock is currently owned by company insiders.

Booz Allen Hamilton Trading Up 0.6 %

NYSE:BAH opened at $143.01 on Tuesday. The firm’s 50 day moving average is $145.98 and its 200 day moving average is $134.47. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 3.10. Booz Allen Hamilton Holding Co. has a 12 month low of $89.80 and a 12 month high of $150.59. The stock has a market capitalization of $18.56 billion, a PE ratio of 46.13, a price-to-earnings-growth ratio of 1.93 and a beta of 0.53.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.54 billion. During the same quarter in the previous year, the firm posted $1.07 EPS. The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. Sell-side analysts expect that Booz Allen Hamilton Holding Co. will post 5.39 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 12th were issued a dividend of $0.51 per share. This is a boost 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 dividend on an annualized basis and a yield of 1.43%. Booz Allen Hamilton’s payout ratio is presently 65.81%.

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.