Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Acquired by Hantz Financial Services Inc.

Hantz Financial Services Inc. lifted its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 21.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 115,068 shares of the business services provider’s stock after purchasing an additional 20,471 shares during the period. Hantz Financial Services Inc.’s holdings in Booz Allen Hamilton were worth $18,728,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in BAH. Vinva Investment Management Ltd increased its position in Booz Allen Hamilton by 14.8% in the 3rd quarter. Vinva Investment Management Ltd now owns 48,182 shares of the business services provider’s stock valued at $7,808,000 after acquiring an additional 6,200 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Booz Allen Hamilton by 14.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,508 shares of the business services provider’s stock valued at $9,197,000 after acquiring an additional 6,967 shares during the period. Providence Capital Advisors LLC increased its position in Booz Allen Hamilton by 1.1% in the 3rd quarter. Providence Capital Advisors LLC now owns 54,810 shares of the business services provider’s stock valued at $8,921,000 after acquiring an additional 589 shares during the period. RPg Family Wealth Advisory LLC increased its position in Booz Allen Hamilton by 2.6% in the 3rd quarter. RPg Family Wealth Advisory LLC now owns 34,293 shares of the business services provider’s stock valued at $5,582,000 after acquiring an additional 861 shares during the period. Finally, CreativeOne Wealth LLC acquired a new position in Booz Allen Hamilton in the 3rd quarter valued at about $1,261,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $147.35 on Friday. The business’s 50 day simple moving average is $164.23 and its 200-day simple moving average is $156.73. The firm has a market capitalization of $18.83 billion, a price-to-earnings ratio of 23.13, a price-to-earnings-growth ratio of 1.77 and a beta of 0.58. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. Booz Allen Hamilton Holding Co. has a 12 month low of $123.17 and a 12 month high of $190.59.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders 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 dividend yield of 1.38%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.03%.

Insider Transactions at Booz Allen Hamilton

In related news, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton 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 in the company, valued at $4,206,840. The trade was a 14.27 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of Booz Allen Hamilton stock in a transaction that occurred 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 transaction, the chief financial officer now owns 33,683 shares of the company’s stock, valued at $5,389,280. This represents a 10.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,173 shares of company stock valued at $1,989,220 in the last quarter. 1.59% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on BAH shares. Barclays boosted their price target on Booz Allen Hamilton from $142.00 to $175.00 and gave the company an “underweight” rating in a research report on Tuesday, October 29th. Jefferies Financial Group lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price objective for the company from $180.00 to $190.00 in a report on Monday, November 4th. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and lifted their price objective for the company from $154.00 to $158.00 in a report on Wednesday, October 2nd. The Goldman Sachs Group lifted their price objective on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Finally, Truist Financial lowered their price objective on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $173.25.

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