Janney Montgomery Scott LLC Sells 15,117 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Janney Montgomery Scott LLC lessened its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 39.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,945 shares of the business services provider’s stock after selling 15,117 shares during the period. Janney Montgomery Scott LLC’s holdings in Booz Allen Hamilton were worth $3,735,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its stake in shares of Booz Allen Hamilton by 2.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 10,406,880 shares of the business services provider’s stock worth $1,544,798,000 after acquiring an additional 222,884 shares during the period. AGF Management Ltd. boosted its holdings in Booz Allen Hamilton by 63.4% during the 2nd quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider’s stock valued at $269,419,000 after acquiring an additional 679,280 shares during the period. American Century Companies Inc. lifted its holdings in Booz Allen Hamilton by 6.1% in the 2nd quarter. American Century Companies Inc. now owns 1,672,961 shares of the business services provider’s stock worth $257,469,000 after buying an additional 96,553 shares during the period. Bessemer Group Inc. raised its holdings in Booz Allen Hamilton by 1.9% in the first quarter. Bessemer Group Inc. now owns 1,178,784 shares of the business services provider’s stock worth $174,978,000 after purchasing an additional 22,545 shares in the last quarter. Finally, Captrust Financial Advisors increased its position in Booz Allen Hamilton by 29.4% during the 1st quarter. Captrust Financial Advisors now owns 1,076,130 shares of the business services provider’s stock valued at $159,741,000 after buying an additional 244,391 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

Insider Transactions at Booz Allen Hamilton

In other Booz Allen Hamilton news, EVP Richard Crowe sold 4,243 shares of the firm’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $700,095.00. Following the sale, the executive vice president now directly owns 25,496 shares of the company’s stock, valued at $4,206,840. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, EVP Richard Crowe sold 4,243 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $700,095.00. Following the transaction, the executive vice president now directly owns 25,496 shares in the company, valued at approximately $4,206,840. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Matthew Calderone sold 4,065 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $670,725.00. Following the completion of the sale, the chief financial officer now directly owns 29,618 shares in the company, valued at $4,886,970. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,173 shares of company stock valued at $1,989,220 over the last three months. 1.59% of the stock is currently owned by insiders.

Booz Allen Hamilton Trading Up 4.4 %

NYSE:BAH opened at $183.50 on Monday. The company has a market capitalization of $23.45 billion, a PE ratio of 28.81, a price-to-earnings-growth ratio of 2.47 and a beta of 0.58. Booz Allen Hamilton Holding Co. has a 52-week low of $123.17 and a 52-week high of $190.59. The stock has a fifty day simple moving average of $164.43 and a 200-day simple moving average of $156.34. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be given a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.04 annualized dividend and a dividend yield of 1.11%. Booz Allen Hamilton’s dividend payout ratio is currently 32.03%.

Analyst Ratings Changes

BAH has been the topic of a number of recent research reports. Barclays increased their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the company an “underweight” rating in a report on Tuesday, October 29th. Truist Financial upped their price objective on Booz Allen Hamilton from $165.00 to $185.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Wells Fargo & Company lifted their price target on Booz Allen Hamilton from $185.00 to $206.00 and gave the stock an “overweight” rating in a research report on Monday, October 28th. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their price objective for the stock from $154.00 to $158.00 in a research report on Wednesday, October 2nd. Finally, TD Cowen decreased their price objective on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating on the stock in a report on Monday, July 29th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $180.63.

Booz Allen Hamilton Company Profile

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