Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Acquired by Triasima Portfolio Management inc.

Triasima Portfolio Management inc. increased its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 78.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,704 shares of the business services provider’s stock after purchasing an additional 2,505 shares during the quarter. Triasima Portfolio Management inc.’s holdings in Booz Allen Hamilton were worth $878,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Opal Wealth Advisors LLC acquired a new stake in shares of Booz Allen Hamilton in the second quarter valued at approximately $26,000. OFI Invest Asset Management acquired a new stake in Booz Allen Hamilton during the 2nd quarter valued at $29,000. Banque Cantonale Vaudoise increased its position in Booz Allen Hamilton by 112.4% during the first quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after buying an additional 109 shares in the last quarter. Smithfield Trust Co raised its holdings in shares of Booz Allen Hamilton by 87.7% in the fourth quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock worth $34,000 after acquiring an additional 121 shares during the last quarter. Finally, MCF Advisors LLC lifted its position in shares of Booz Allen Hamilton by 103.6% in the first quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 115 shares in the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BAH has been the subject of several analyst reports. Stifel Nicolaus boosted their target price on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, May 21st. Truist Financial upped their price objective on shares of Booz Allen Hamilton from $140.00 to $165.00 and gave the company a “hold” rating in a research note on Thursday. Wells Fargo & Company upgraded Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and cut their price target for the company from $168.00 to $165.00 in a report on Monday, July 29th. JPMorgan Chase & Co. raised their price objective on Booz Allen Hamilton from $136.00 to $154.00 and gave the stock a “neutral” rating in a report on Wednesday, July 10th. Finally, Barclays dropped their target price on Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating for the company in a research note on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $159.33.

Insider Activity at Booz Allen Hamilton

In related news, Director Melody C. Barnes sold 1,041 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total value of $149,185.71. Following the completion of the sale, the director now directly owns 18,123 shares in the company, valued at approximately $2,597,207.13. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.59% of the company’s stock.

Booz Allen Hamilton Trading Down 2.4 %

Shares of BAH traded down $3.77 during trading hours on Friday, hitting $152.11. The stock had a trading volume of 558,038 shares, compared to its average volume of 668,430. The company’s fifty day simple moving average is $151.99 and its 200 day simple moving average is $150.19. Booz Allen Hamilton Holding Co. has a 12-month low of $106.90 and a 12-month high of $164.43. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.55 and a current ratio of 1.55. The firm has a market cap of $19.67 billion, a P/E ratio of 33.07, a P/E/G ratio of 2.29 and a beta of 0.59.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, July 26th. The business services provider reported $1.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.14). The firm had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $2.92 billion. Booz Allen Hamilton had a return on equity of 65.80% and a net margin of 5.57%. Equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.96 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Wednesday, August 14th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date was Wednesday, August 14th. Booz Allen Hamilton’s dividend payout ratio is presently 44.35%.

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