Geneos Wealth Management Inc. Lowers Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Geneos Wealth Management Inc. trimmed its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 58.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 609 shares of the business services provider’s stock after selling 856 shares during the period. Geneos Wealth Management Inc.’s holdings in Booz Allen Hamilton were worth $78,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Quantbot Technologies LP purchased a new position in shares of Booz Allen Hamilton during the third quarter valued at about $1,395,000. Morgan Stanley increased its stake in Booz Allen Hamilton by 4.2% in the 3rd quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider’s stock worth $538,108,000 after acquiring an additional 199,449 shares during the last quarter. Hsbc Holdings PLC raised its holdings in shares of Booz Allen Hamilton by 28.5% during the 3rd quarter. Hsbc Holdings PLC now owns 78,201 shares of the business services provider’s stock worth $8,558,000 after acquiring an additional 17,362 shares in the last quarter. DNB Asset Management AS grew its holdings in shares of Booz Allen Hamilton by 11.4% in the fourth quarter. DNB Asset Management AS now owns 157,632 shares of the business services provider’s stock valued at $20,163,000 after purchasing an additional 16,176 shares in the last quarter. Finally, Bamco Inc. NY raised its stake in Booz Allen Hamilton by 19.8% during the third quarter. Bamco Inc. NY now owns 270,328 shares of the business services provider’s stock valued at $29,539,000 after purchasing an additional 44,604 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on BAH. Jefferies Financial Group boosted their target price on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. The Goldman Sachs Group upped their price objective on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, January 29th. Barclays cut Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a report on Friday, January 5th. JPMorgan Chase & Co. increased their price target on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a report on Tuesday, February 6th. Finally, Wells Fargo & Company lifted their price objective on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 30th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $145.11.

Insider Activity

In related news, COO Kristine Anderson sold 5,068 shares of the company’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $139.88, for a total value of $708,911.84. Following the completion of the sale, the chief operating officer now directly owns 71,656 shares of the company’s stock, valued at $10,023,241.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, COO Kristine Anderson sold 5,068 shares of the business’s stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $139.88, for a total value of $708,911.84. Following the completion of the transaction, the chief operating officer now owns 71,656 shares of the company’s stock, valued at $10,023,241.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Horacio Rozanski sold 49,000 shares of the stock in a transaction on Friday, February 9th. The shares were sold at an average price of $145.69, for a total value of $7,138,810.00. Following the sale, the chief executive officer now directly owns 557,411 shares in the company, valued at approximately $81,209,208.59. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 55,568 shares of company stock worth $8,067,487. Company insiders own 1.76% of the company’s stock.

Booz Allen Hamilton Trading Down 1.3 %

NYSE BAH opened at $142.25 on Tuesday. The stock has a market cap of $18.46 billion, a PE ratio of 45.89, a PEG ratio of 1.96 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a 12 month low of $89.80 and a 12 month high of $150.59. The company’s 50-day moving average price is $146.33 and its 200-day moving average price is $133.51. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 3.10.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 26th. The business services provider reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.28. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. The business had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.54 billion. During the same period in the prior year, the firm earned $1.07 EPS. The company’s revenue for the quarter was up 12.9% compared to the same quarter last year. Equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.4 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were given a dividend of $0.51 per share. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, February 9th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.43%. Booz Allen Hamilton’s dividend payout ratio is presently 65.81%.

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.