Envestnet Asset Management Inc. Sells 4,652 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Envestnet Asset Management Inc. decreased its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAHFree Report) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 921,159 shares of the business services provider’s stock after selling 4,652 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.71% of Booz Allen Hamilton worth $117,825,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Gladius Capital Management LP acquired a new stake in Booz Allen Hamilton in the fourth quarter worth about $1,037,000. BNP Paribas Financial Markets increased its position in shares of Booz Allen Hamilton by 33.6% in the 4th quarter. BNP Paribas Financial Markets now owns 77,191 shares of the business services provider’s stock valued at $9,874,000 after buying an additional 19,432 shares in the last quarter. Morgan Stanley increased its position in shares of 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 valued at $538,108,000 after buying an additional 199,449 shares in the last quarter. Helios Capital Management PTE. Ltd. acquired a new stake in Booz Allen Hamilton during the 4th quarter worth $1,804,000. Finally, Hsbc Holdings PLC lifted its holdings in Booz Allen Hamilton by 28.5% during the third 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. Institutional investors own 91.82% of the company’s stock.

Insider Transactions at Booz Allen Hamilton

In related news, EVP Richard Crowe sold 180 shares of the firm’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total value of $27,747.00. Following the completion of the transaction, the executive vice president now directly owns 17,486 shares of the company’s stock, valued at $2,695,466.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, EVP Richard Crowe sold 180 shares of Booz Allen Hamilton stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total transaction of $27,747.00. Following the completion of the transaction, the executive vice president now owns 17,486 shares in the company, valued at $2,695,466.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Susan L. Penfield sold 18,522 shares of the business’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $153.73, for a total value of $2,847,387.06. Following the transaction, the executive vice president now directly owns 33,788 shares in the company, valued at approximately $5,194,229.24. The disclosure for this sale can be found here. Insiders have sold a total of 59,755 shares of company stock worth $9,189,791 in the last 90 days. Corporate insiders own 1.76% of the company’s stock.

Analyst Ratings Changes

BAH has been the subject of several recent analyst reports. Wells Fargo & Company increased their price target on Booz Allen Hamilton from $158.00 to $169.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 28th. 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. Jefferies Financial Group lifted their price target on shares of Booz Allen Hamilton from $180.00 to $185.00 and gave the company a “buy” rating in a research note on Wednesday, May 29th. TD Cowen upped their price target on shares of Booz Allen Hamilton from $158.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, May 28th. Finally, Barclays raised their price objective on shares of Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a report on Wednesday, May 29th. One equities 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 company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $159.78.

Get Our Latest Analysis on Booz Allen Hamilton

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $151.74 on Friday. The stock has a market capitalization of $19.62 billion, a price-to-earnings ratio of 32.99, a PEG ratio of 1.80 and a beta of 0.57. Booz Allen Hamilton Holding Co. has a 12 month low of $102.94 and a 12 month high of $164.43. The firm has a fifty day simple moving average of $149.03 and a 200 day simple moving average of $140.85. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 3.20.

Booz Allen Hamilton (NYSE:BAHGet Free Report) last posted its quarterly earnings data on Friday, May 24th. The business services provider reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.10. The company 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%. The company’s quarterly revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.01 EPS. Research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.04 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

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

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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