D Orazio & Associates Inc. reduced its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH – Free Report) by 0.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 733,321 shares of the business services provider’s stock after selling 3,500 shares during the period. Booz Allen Hamilton accounts for about 16.9% of D Orazio & Associates Inc.’s investment portfolio, making the stock its largest position. D Orazio & Associates Inc. owned 0.57% of Booz Allen Hamilton worth $119,355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also modified their holdings of the company. Opal Wealth Advisors LLC acquired a new position in shares of Booz Allen Hamilton in the 2nd quarter valued at about $26,000. OFI Invest Asset Management acquired a new position in Booz Allen Hamilton during the second quarter valued at approximately $29,000. Innealta Capital LLC purchased a new stake in Booz Allen Hamilton during the second quarter worth approximately $34,000. Crewe Advisors LLC acquired a new stake in shares of Booz Allen Hamilton in the first quarter worth $35,000. Finally, Gilliland Jeter Wealth Management LLC purchased a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at $45,000. 91.82% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms recently commented on BAH. Barclays boosted their price target on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 29th. The Goldman Sachs Group boosted their target price on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. StockNews.com lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. TD Cowen cut their price objective on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating on the stock in a report on Monday, July 29th. Finally, Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and raised their target price for the company from $180.00 to $190.00 in a research note on Monday, November 4th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $180.63.
Booz Allen Hamilton Stock Down 2.9 %
Shares of BAH traded down $5.24 during midday trading on Wednesday, hitting $176.21. The company had a trading volume of 496,184 shares, compared to its average volume of 718,404. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. Booz Allen Hamilton Holding Co. has a 52 week low of $123.17 and a 52 week high of $190.59. The company’s 50 day moving average price is $165.42 and its 200 day moving average price is $156.86. The stock has a market cap of $22.51 billion, a price-to-earnings ratio of 28.49, a PEG ratio of 2.20 and a beta of 0.58.
Booz Allen Hamilton Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.16%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton’s payout ratio is currently 32.03%.
Insider Transactions at Booz Allen Hamilton
In related news, CFO Matthew Calderone sold 3,865 shares of the stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $160.00, for a total transaction of $618,400.00. Following the sale, the chief financial officer now owns 33,683 shares in the company, valued at $5,389,280. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the firm’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total value of $618,400.00. Following the sale, the chief financial officer now directly owns 33,683 shares in the company, valued at approximately $5,389,280. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Richard Crowe sold 4,243 shares of the company’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $700,095.00. Following the transaction, the executive vice president now owns 25,496 shares of the company’s stock, valued at $4,206,840. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,173 shares of company stock worth $1,989,220. 1.59% of the stock is currently owned by corporate insiders.
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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