Walleye Capital LLC Trims Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Walleye Capital LLC cut its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAHGet Rating) by 98.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,317 shares of the business services provider’s stock after selling 116,155 shares during the period. Walleye Capital LLC’s holdings in Booz Allen Hamilton were worth $209,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. First Horizon Advisors Inc. grew 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 period. Quent Capital LLC grew its position in shares of Booz Allen Hamilton by 60.7% during the 1st quarter. Quent Capital LLC now owns 532 shares of the business services provider’s stock valued at $47,000 after acquiring an additional 201 shares during the period. Capital Advisors Ltd. LLC grew its position in shares of Booz Allen Hamilton by 89.0% during the 1st quarter. Capital Advisors Ltd. LLC now owns 858 shares of the business services provider’s stock valued at $75,000 after acquiring an additional 404 shares during the period. Money Concepts Capital Corp grew 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 acquiring an additional 244 shares during the period. Finally, Venture Visionary Partners LLC acquired a new stake in Booz Allen Hamilton in the 2nd quarter worth about $105,000. 86.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BAH has been the subject of several research reports. Stifel Nicolaus boosted their price objective on Booz Allen Hamilton from $102.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, September 13th. Truist Financial boosted their price objective on Booz Allen Hamilton from $100.00 to $106.00 and gave the stock a “hold” rating in a research note on Monday, October 31st. Raymond James lowered Booz Allen Hamilton from an “outperform” rating to a “market perform” rating and set a $99.00 price target for the company. in a research report on Wednesday, October 19th. StockNews.com upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Wells Fargo & Company upped their price target on Booz Allen Hamilton from $100.00 to $109.00 and gave the company an “overweight” rating in a research report on Monday, November 7th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.70.

Insiders Place Their Bets

In other Booz Allen Hamilton news, EVP Richard Crowe sold 2,573 shares of the company’s stock in a transaction on Tuesday, October 18th. The stock was sold at an average price of $100.00, for a total transaction of $257,300.00. Following the transaction, the executive vice president now directly owns 14,278 shares in the company, valued at $1,427,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Richard Crowe sold 2,573 shares of the stock in a transaction on Tuesday, October 18th. The stock was sold at an average price of $100.00, for a total value of $257,300.00. Following the transaction, the executive vice president now owns 14,278 shares of the company’s stock, valued at $1,427,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Lloyd Howell, Jr. sold 7,035 shares of the stock in a transaction on Monday, September 12th. The shares were sold at an average price of $98.00, for a total value of $689,430.00. Following the completion of the transaction, the chief financial officer now directly owns 164,746 shares in the company, valued at approximately $16,145,108. The disclosure for this sale can be found here. Insiders have sold 25,484 shares of company stock worth $2,482,894 over the last ninety days. Corporate insiders own 2.23% of the company’s stock.

Booz Allen Hamilton Trading Up 1.6 %

BAH opened at $107.23 on Friday. Booz Allen Hamilton Holding Co. has a one year low of $69.68 and a one year high of $112.55. The stock has a market capitalization of $14.18 billion, a PE ratio of 27.22, a P/E/G ratio of 2.66 and a beta of 0.67. The business’s 50 day moving average price is $100.08 and its 200 day moving average price is $93.64. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.81 and a current ratio of 1.81.

Booz Allen Hamilton (NYSE:BAHGet Rating) last released its quarterly earnings data on Friday, October 28th. The business services provider reported $1.34 EPS for the quarter, beating 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 analysts’ expectations of $2.26 billion. During the same period in the prior year, the firm posted $1.26 earnings per share. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. As a group, equities research analysts expect that Booz Allen Hamilton Holding Co. will post 4.45 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 2nd. Shareholders of record on Tuesday, November 15th will be paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Monday, November 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 43.65%.

Booz Allen Hamilton Profile

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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.

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

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