Navellier & Associates Inc. Has $3.69 Million Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Navellier & Associates Inc. trimmed its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 60.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,643 shares of the business services provider’s stock after selling 34,201 shares during the quarter. Navellier & Associates Inc.’s holdings in Booz Allen Hamilton were worth $3,685,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD raised its stake in Booz Allen Hamilton by 2.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,406,880 shares of the business services provider’s stock worth $1,544,798,000 after buying an additional 222,884 shares during the period. AGF Management Ltd. grew its position in Booz Allen Hamilton by 63.4% in the 2nd quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider’s stock valued at $269,419,000 after purchasing an additional 679,280 shares during the period. American Century Companies Inc. raised its holdings in Booz Allen Hamilton by 6.1% during the second quarter. American Century Companies Inc. now owns 1,672,961 shares of the business services provider’s stock worth $257,469,000 after buying an additional 96,553 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of Booz Allen Hamilton by 29.4% in the first quarter. Captrust Financial Advisors now owns 1,076,130 shares of the business services provider’s stock valued at $159,741,000 after buying an additional 244,391 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Booz Allen Hamilton by 10.1% during the second quarter. Dimensional Fund Advisors LP now owns 1,021,239 shares of the business services provider’s stock valued at $157,184,000 after buying an additional 93,544 shares during the last quarter. 91.82% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CFO Matthew Calderone sold 3,865 shares of the business’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $160.00, for a total transaction of $618,400.00. Following the completion of the transaction, the chief financial officer now owns 33,683 shares of the company’s stock, valued at approximately $5,389,280. The trade was a 10.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Richard Crowe sold 4,243 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $700,095.00. Following the completion of the transaction, the executive vice president now directly owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. This represents a 14.27 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,173 shares of company stock valued at $1,989,220. Company insiders own 1.59% of the company’s stock.

Booz Allen Hamilton Trading Up 4.6 %

NYSE:BAH opened at $144.21 on Thursday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The stock has a market capitalization of $18.43 billion, a PE ratio of 22.64, a price-to-earnings-growth ratio of 1.66 and a beta of 0.58. Booz Allen Hamilton Holding Co. has a 12 month low of $123.17 and a 12 month high of $190.59. The firm’s 50 day moving average is $164.99 and its 200 day moving average is $156.90.

Booz Allen Hamilton Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.41%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.03%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BAH. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their price target for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd. The Goldman Sachs Group increased their target price on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and upped their price objective for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. Finally, TD Cowen cut their target price on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating on the stock in a research note on Monday, July 29th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Booz Allen Hamilton currently has an average rating of “Hold” and a consensus target price of $180.63.

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.