Vanguard Personalized Indexing Management LLC Sells 8,079 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Vanguard Personalized Indexing Management LLC lessened its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 60.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,355 shares of the business services provider’s stock after selling 8,079 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Booz Allen Hamilton were worth $496,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in BAH. Morgan Stanley increased its stake in Booz Allen Hamilton by 312.6% in the fourth quarter. Morgan Stanley now owns 5,079,195 shares of the business services provider’s stock valued at $530,878,000 after acquiring an additional 3,848,242 shares during the last quarter. Norges Bank bought a new position in Booz Allen Hamilton in the fourth quarter valued at $159,500,000. American Century Companies Inc. increased its stake in Booz Allen Hamilton by 6,926.2% in the fourth quarter. American Century Companies Inc. now owns 1,060,672 shares of the business services provider’s stock valued at $110,861,000 after acquiring an additional 1,045,576 shares during the last quarter. Black Creek Investment Management Inc. increased its stake in Booz Allen Hamilton by 72.1% in the first quarter. Black Creek Investment Management Inc. now owns 1,985,243 shares of the business services provider’s stock valued at $184,012,000 after acquiring an additional 831,829 shares during the last quarter. Finally, Axiom Investors LLC DE bought a new position in Booz Allen Hamilton in the fourth quarter valued at $44,530,000. Institutional investors own 90.32% of the company’s stock.

Analyst Ratings Changes

BAH has been the topic of a number of recent research reports. 51job reaffirmed a “maintains” rating on shares of Booz Allen Hamilton in a research note on Wednesday, May 31st. StockNews.com initiated coverage on Booz Allen Hamilton in a research note on Thursday, August 17th. They set a “hold” rating on the stock. TD Cowen raised their price objective on Booz Allen Hamilton from $123.00 to $144.00 and gave the company an “outperform” rating in a research note on Monday, July 31st. Truist Financial raised their price objective on Booz Allen Hamilton from $106.00 to $120.00 and gave the company a “hold” rating in a research note on Monday, July 31st. Finally, Bank of America increased their target price on shares of Booz Allen Hamilton from $105.00 to $110.00 in a report on Wednesday, June 7th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $119.00.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $115.08 on Tuesday. The company has a debt-to-equity ratio of 2.71, a current ratio of 1.21 and a quick ratio of 1.21. Booz Allen Hamilton Holding Co. has a one year low of $87.99 and a one year high of $125.19. The company has a 50-day simple moving average of $115.41 and a two-hundred day simple moving average of $102.69. The firm has a market capitalization of $15.08 billion, a PE ratio of 52.07, a price-to-earnings-growth ratio of 2.24 and a beta of 0.61.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, July 28th. The business services provider reported $1.47 EPS for the quarter, topping the consensus estimate of $1.25 by $0.22. Booz Allen Hamilton had a net margin of 3.05% and a return on equity of 58.40%. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.50 billion. On average, analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.03 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be issued a dividend of $0.47 per share. The ex-dividend date is Monday, August 14th. This represents a $1.88 annualized dividend and a dividend yield of 1.63%. Booz Allen Hamilton’s payout ratio is 85.07%.

Insider Activity

In other news, Director Ralph W. Shrader sold 100,000 shares of Booz Allen Hamilton stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $120.56, for a total transaction of $12,056,000.00. Following the completion of the transaction, the director now directly owns 811,090 shares in the company, valued at $97,785,010.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Horacio Rozanski sold 44,690 shares of Booz Allen Hamilton stock in a transaction that occurred on Friday, June 16th. The shares were sold at an average price of $108.37, for a total transaction of $4,843,055.30. Following the completion of the transaction, the chief executive officer now directly owns 630,511 shares in the company, valued at $68,328,477.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ralph W. Shrader sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $120.56, for a total transaction of $12,056,000.00. Following the sale, the director now directly owns 811,090 shares of the company’s stock, valued at approximately $97,785,010.40. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 221,744 shares of company stock worth $25,289,669. Insiders own 1.76% of the company’s stock.

About Booz Allen Hamilton

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