KBC Group NV Boosts Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

KBC Group NV lifted its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAHFree Report) by 25.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,096 shares of the business services provider’s stock after buying an additional 5,890 shares during the quarter. KBC Group NV’s holdings in Booz Allen Hamilton were worth $3,722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. First Financial Corp IN raised 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 in the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of Booz Allen Hamilton by 2.2% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 3,975 shares of the business services provider’s stock worth $508,000 after acquiring an additional 86 shares in the last quarter. Greenleaf Trust increased 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 worth $682,000 after acquiring an additional 99 shares in the last quarter. Valley Wealth Managers Inc. boosted its stake in Booz Allen Hamilton by 4.0% during the third quarter. Valley Wealth Managers Inc. now owns 2,755 shares of the business services provider’s stock worth $301,000 after acquiring an additional 106 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in Booz Allen Hamilton by 5.2% in the fourth 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 during the period. 91.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Stifel Nicolaus lifted their target price on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, May 21st. Jefferies Financial Group lifted their price objective on Booz Allen Hamilton from $180.00 to $185.00 and gave the company a “buy” rating in a research note on Wednesday, May 29th. Truist Financial increased their target price on Booz Allen Hamilton from $145.00 to $160.00 and gave the stock a “hold” rating in a research note on Tuesday, May 28th. Barclays lifted their price target on Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 29th. Finally, Wells Fargo & Company increased their price objective on shares of Booz Allen Hamilton from $158.00 to $169.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $159.78.

Get Our Latest Stock Analysis on BAH

Booz Allen Hamilton Stock Down 0.7 %

BAH opened at $152.29 on Friday. Booz Allen Hamilton Holding Co. has a twelve month low of $102.73 and a twelve month high of $164.43. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 3.20. The firm has a 50 day moving average price of $148.97 and a 200-day moving average price of $140.58. The stock 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 (NYSE:BAHGet Free Report) last issued its quarterly earnings data on Friday, May 24th. The business services provider reported $1.33 EPS for the quarter, topping the consensus estimate of $1.23 by $0.10. Booz Allen Hamilton had a return on equity of 68.12% and a net margin of 5.68%. The company had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.71 billion. During the same quarter in the previous year, the company posted $1.01 earnings per share. Booz Allen Hamilton’s revenue was up 13.9% compared to the same quarter last year. Equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.04 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 13th will be paid a $0.51 dividend. The ex-dividend date 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 (DPR) is 44.35%.

Insider Buying and Selling

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the company’s stock in a transaction dated Thursday, March 14th. The stock was 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 in the company, valued at $3,730,437.62. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CFO Matthew Calderone sold 1,500 shares of the stock in a transaction that occurred 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 directly 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 Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Horacio Rozanski sold 34,571 shares of Booz Allen Hamilton stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total transaction of $5,329,119.65. Following the transaction, the chief executive officer now directly owns 579,025 shares in the company, valued at approximately $89,256,703.75. The disclosure for this sale can be found here. In the last three months, insiders have sold 59,755 shares of company stock valued at $9,189,791. 1.76% of the stock is owned by company insiders.

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.

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

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