Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Advisors Asset Management Inc.

Advisors Asset Management Inc. cut its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 10.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 39,585 shares of the business services provider’s stock after selling 4,381 shares during the period. Advisors Asset Management Inc.’s holdings in Booz Allen Hamilton were worth $6,443,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Hilton Capital Management LLC grew its stake in Booz Allen Hamilton by 1.3% in the third quarter. Hilton Capital Management LLC now owns 100,717 shares of the business services provider’s stock worth $16,393,000 after purchasing an additional 1,246 shares in the last quarter. Commerce Bank grew its stake in Booz Allen Hamilton by 3.1% in the third quarter. Commerce Bank now owns 21,834 shares of the business services provider’s stock worth $3,554,000 after purchasing an additional 648 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Booz Allen Hamilton in the third quarter valued at approximately $316,000. Thrivent Financial for Lutherans boosted its stake in Booz Allen Hamilton by 10.9% in the third quarter. Thrivent Financial for Lutherans now owns 61,203 shares of the business services provider’s stock valued at $9,961,000 after acquiring an additional 6,007 shares during the period. Finally, Peterson Financial Group Inc. acquired a new position in Booz Allen Hamilton in the third quarter valued at approximately $31,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

NYSE BAH opened at $144.21 on Thursday. The stock has a market capitalization of $18.43 billion, a P/E ratio of 22.64, a P/E/G ratio of 1.79 and a beta of 0.58. Booz Allen Hamilton Holding Co. has a 1 year low of $123.17 and a 1 year high of $190.59. The business’s fifty day moving average is $164.99 and its two-hundred day moving average is $156.90. 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 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 given 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 payout ratio is 32.03%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on BAH. The Goldman Sachs Group lifted their price target on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Barclays lifted their price target on Booz Allen Hamilton from $142.00 to $175.00 and gave the company an “underweight” rating in a report on Tuesday, October 29th. JPMorgan Chase & Co. cut Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and lifted their price target for the company from $154.00 to $158.00 in a report on Wednesday, October 2nd. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Finally, Jefferies Financial Group cut Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price target for the company from $180.00 to $190.00 in a report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $180.63.

Insiders Place Their Bets

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 4,065 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $670,725.00. Following the transaction, the chief financial officer now directly owns 29,618 shares in the company, valued at approximately $4,886,970. The trade was a 12.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were 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 in the company, valued at approximately $4,206,840. This represents a 14.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,173 shares of company stock worth $1,989,220. Corporate insiders own 1.59% of the company’s stock.

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.