Steward Partners Investment Advisory LLC Purchases 782 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Steward Partners Investment Advisory LLC boosted its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAHGet Rating) by 45.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,485 shares of the business services provider’s stock after buying an additional 782 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Booz Allen Hamilton were worth $225,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BAH. First Horizon Advisors Inc. boosted its position in shares of Booz Allen Hamilton by 73.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 346 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 147 shares during the last quarter. Quent Capital LLC grew its stake in Booz Allen Hamilton by 60.7% in the 1st quarter. Quent Capital LLC now owns 532 shares of the business services provider’s stock worth $47,000 after buying an additional 201 shares in the last quarter. Capital Advisors Ltd. LLC increased its holdings in shares of Booz Allen Hamilton by 89.0% in the 1st quarter. Capital Advisors Ltd. LLC now owns 858 shares of the business services provider’s stock worth $75,000 after buying an additional 404 shares during the last quarter. Money Concepts Capital Corp raised its position in shares of Booz Allen Hamilton by 31.7% during the 2nd quarter. Money Concepts Capital Corp now owns 1,014 shares of the business services provider’s stock valued at $94,000 after buying an additional 244 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of Booz Allen Hamilton by 16.7% during the 1st quarter. CWM LLC now owns 1,186 shares of the business services provider’s stock worth $104,000 after acquiring an additional 170 shares during the last quarter. 86.85% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Booz Allen Hamilton news, CFO Lloyd Howell, Jr. sold 5,033 shares of the firm’s stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $97.00, for a total value of $488,201.00. Following the completion of the sale, the chief financial officer now directly owns 164,746 shares in the company, valued at $15,980,362. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CFO Lloyd Howell, Jr. sold 9,037 shares of the stock in a transaction dated Friday, September 9th. The shares were sold at an average price of $97.39, for a total value of $880,113.43. Following the completion of the transaction, the chief financial officer now directly owns 164,746 shares in the company, valued at approximately $16,044,612.94. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Lloyd Howell, Jr. sold 5,033 shares of Booz Allen Hamilton stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $97.00, for a total transaction of $488,201.00. Following the transaction, the chief financial officer now directly owns 164,746 shares of the company’s stock, valued at $15,980,362. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,484 shares of company stock valued at $2,482,894. Corporate insiders own 2.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Truist Financial raised their price target on Booz Allen Hamilton from $100.00 to $106.00 and gave the company a “hold” rating in a research report on Monday, October 31st. Wells Fargo & Company boosted their target price on Booz Allen Hamilton from $100.00 to $109.00 and gave the stock an “overweight” rating in a research report on Monday. Morgan Stanley lifted their price target on shares of Booz Allen Hamilton from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 2nd. Stifel Nicolaus upped their price objective on shares of Booz Allen Hamilton from $102.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, September 13th. Finally, StockNews.com upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research report on Wednesday, November 2nd. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $101.70.

Booz Allen Hamilton Stock Up 1.0 %

NYSE BAH opened at $110.35 on Wednesday. Booz Allen Hamilton Holding Co. has a 1 year low of $69.68 and a 1 year high of $110.94. The stock has a market capitalization of $14.59 billion, a PE ratio of 28.01, a PEG ratio of 3.21 and a beta of 0.67. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.81 and a quick ratio of 1.81. The business’s 50-day moving average is $98.36 and its 200 day moving average is $92.43.

Booz Allen Hamilton (NYSE:BAHGet Rating) last issued its quarterly earnings data on Friday, October 28th. The business services provider reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.21. Booz Allen Hamilton had a return on equity of 52.33% and a net margin of 6.00%. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period last year, the company earned $1.26 EPS. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. Sell-side analysts forecast that Booz Allen Hamilton Holding Co. will post 4.43 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 2nd. Stockholders of record on Tuesday, November 15th will be given a $0.43 dividend. The ex-dividend date of this dividend is Monday, November 14th. This represents a $1.72 annualized dividend and a dividend yield of 1.56%. Booz Allen Hamilton’s dividend payout ratio is 43.65%.

About Booz Allen Hamilton

(Get Rating)

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. The company offers consulting solutions for various domains, business strategies, human capital, and operations.

See Also

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Institutional Ownership by Quarter for Booz Allen Hamilton (NYSE:BAH)

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