Allianz Asset Management GmbH Has $4.26 Million Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Allianz Asset Management GmbH raised its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAHFree Report) by 31.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,334 shares of the business services provider’s stock after acquiring an additional 7,985 shares during the period. Allianz Asset Management GmbH’s holdings in Booz Allen Hamilton were worth $4,264,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. First Financial Corp IN lifted its position in shares of Booz Allen Hamilton by 21.3% in the 4th quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock worth $60,000 after acquiring an additional 83 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of Booz Allen Hamilton by 2.2% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 3,975 shares of the business services provider’s stock valued at $508,000 after acquiring an additional 86 shares during the period. Greenleaf Trust boosted its stake in shares of Booz Allen Hamilton by 1.9% in the 4th quarter. Greenleaf Trust now owns 5,335 shares of the business services provider’s stock valued at $682,000 after purchasing an additional 99 shares in the last quarter. Valley Wealth Managers Inc. grew its holdings in shares of Booz Allen Hamilton by 4.0% in the 3rd quarter. Valley Wealth Managers Inc. now owns 2,755 shares of the business services provider’s stock worth $301,000 after purchasing an additional 106 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its position in shares of Booz Allen Hamilton by 5.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,215 shares of the business services provider’s stock worth $283,000 after purchasing an additional 110 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $152.29 on Friday. The company has a market capitalization of $19.69 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 1.80 and a beta of 0.57. Booz Allen Hamilton Holding Co. has a twelve month low of $102.73 and a twelve month high of $164.43. The stock has a fifty day simple moving average of $148.97 and a 200 day simple moving average of $140.58. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 3.20.

Booz Allen Hamilton (NYSE:BAHGet Free Report) last announced its earnings results on Friday, May 24th. The business services provider reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.10. The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. Booz Allen Hamilton had a net margin of 5.68% and a return on equity of 68.12%. Booz Allen Hamilton’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.01 earnings per share. Sell-side analysts expect that Booz Allen Hamilton Holding Co. will post 6.04 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 13th will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $2.04 annualized dividend and a dividend yield of 1.34%. Booz Allen Hamilton’s dividend payout ratio is 44.35%.

Insider Transactions at Booz Allen Hamilton

In related news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the completion of the sale, the chief financial officer now owns 25,462 shares of the company’s stock, valued at approximately $3,730,437.62. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO Horacio Rozanski sold 34,571 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $5,329,119.65. Following the transaction, the chief executive officer now owns 579,025 shares in the company, valued at $89,256,703.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Matthew Calderone sold 1,500 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $146.51, for a total value of $219,765.00. Following the sale, the chief financial officer now owns 25,462 shares of the company’s stock, valued at approximately $3,730,437.62. The disclosure for this sale can be found here. Insiders have sold 59,755 shares of company stock valued at $9,189,791 over the last ninety days. 1.76% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently commented on BAH shares. Truist Financial boosted their target price on Booz Allen Hamilton from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, May 28th. Stifel Nicolaus raised their target price on Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, May 21st. Barclays lifted their price target on Booz Allen Hamilton from $135.00 to $153.00 and gave the company an “underweight” rating in a report on Wednesday, May 29th. TD Cowen increased their price objective on shares of Booz Allen Hamilton from $158.00 to $177.00 and gave the stock a “buy” rating in a report on Tuesday, May 28th. Finally, Jefferies Financial Group boosted their price objective on shares of Booz Allen Hamilton from $180.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, May 29th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $159.78.

Read Our Latest Report on Booz Allen Hamilton

Booz Allen Hamilton Profile

(Free Report)

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.

Read More

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

Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.