XTX Topco Ltd Purchases New Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH)

XTX Topco Ltd acquired a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 3rd quarter, Holdings Channel reports. The firm acquired 10,343 shares of the business services provider’s stock, valued at approximately $1,683,000.

A number of other institutional investors and hedge funds have also made changes to their positions in BAH. AGF Management Ltd. lifted its holdings in shares of 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 acquiring an additional 679,280 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Booz Allen Hamilton by 6.1% in the 2nd quarter. American Century Companies Inc. now owns 1,672,961 shares of the business services provider’s stock valued at $257,469,000 after purchasing an additional 96,553 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of Booz Allen Hamilton by 28.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock worth $209,651,000 after purchasing an additional 285,621 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Booz Allen Hamilton by 10.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,021,239 shares of the business services provider’s stock worth $157,184,000 after purchasing an additional 93,544 shares during the period. Finally, Eagle Asset Management Inc. raised its holdings in Booz Allen Hamilton by 3.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock valued at $155,810,000 after buying an additional 32,897 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the firm’s 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 transaction, the chief financial officer now owns 33,683 shares of the company’s stock, valued at approximately $5,389,280. This trade represents a 10.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of the company’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 sale, the executive vice president now directly owns 25,496 shares of the company’s stock, valued at $4,206,840. The trade was a 14.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,173 shares of company stock valued at $1,989,220 in the last ninety days. Corporate insiders own 1.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on BAH. Wells Fargo & Company dropped their price objective on shares of Booz Allen Hamilton from $206.00 to $177.00 and set an “overweight” rating for the company in a research note on Tuesday, November 26th. UBS Group started coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target for the company. Barclays increased their price objective on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 29th. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and boosted their target price for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd. Finally, StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $171.67.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH opened at $145.74 on Friday. The firm’s 50 day simple moving average is $162.39 and its 200-day simple moving average is $156.44. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. Booz Allen Hamilton Holding Co. has a one year low of $123.17 and a one year high of $190.59. The firm has a market cap of $18.62 billion, a PE ratio of 22.88, a price-to-earnings-growth ratio of 1.73 and a beta of 0.52.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.40%. Booz Allen Hamilton’s payout ratio is currently 32.03%.

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.