2,836 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Purchased by Town & Country Bank & Trust CO dba First Bankers Trust CO

Town & Country Bank & Trust CO dba First Bankers Trust CO bought a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,836 shares of the business services provider’s stock, valued at approximately $316,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. increased its stake in Booz Allen Hamilton by 0.8% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,585 shares of the business services provider’s stock valued at $1,733,000 after buying an additional 127 shares during the last quarter. Y Intercept Hong Kong Ltd increased its stake in Booz Allen Hamilton by 183.5% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 5,981 shares of the business services provider’s stock valued at $554,000 after buying an additional 3,871 shares during the last quarter. First Trust Advisors LP increased its stake in Booz Allen Hamilton by 52.2% in the 1st quarter. First Trust Advisors LP now owns 2,609,897 shares of the business services provider’s stock valued at $241,911,000 after buying an additional 894,974 shares during the last quarter. Bridges Investment Management Inc. increased its stake in Booz Allen Hamilton by 29.5% in the 2nd quarter. Bridges Investment Management Inc. now owns 11,244 shares of the business services provider’s stock valued at $1,255,000 after buying an additional 2,560 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Booz Allen Hamilton by 1.6% in the 4th quarter. Bank of America Corp DE now owns 1,614,712 shares of the business services provider’s stock valued at $168,770,000 after buying an additional 25,743 shares during the last quarter. Hedge funds and other institutional investors own 90.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on BAH. William Blair reissued an “outperform” rating on shares of Booz Allen Hamilton in a research report on Wednesday. Jefferies Financial Group increased their target price on shares of Booz Allen Hamilton from $115.00 to $120.00 in a research report on Monday, June 12th. Stifel Nicolaus increased their target price on shares of Booz Allen Hamilton from $125.00 to $127.00 and gave the company a “buy” rating in a research report on Friday, July 28th. StockNews.com began coverage on shares of Booz Allen Hamilton in a report on Thursday, August 17th. They issued a “hold” rating for the company. Finally, 51job reaffirmed a “maintains” rating on shares of Booz Allen Hamilton in a report on Wednesday, May 31st. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Booz Allen Hamilton currently has an average rating of “Moderate Buy” and a consensus price target of $119.00.

Insider Activity

In other news, Director Ralph W. Shrader sold 100,000 shares of the firm’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $120.56, for a total transaction of $12,056,000.00. Following the sale, the director now owns 811,090 shares in the company, valued at approximately $97,785,010.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, Director Melody C. Barnes sold 824 shares of Booz Allen Hamilton stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $113.60, for a total value of $93,606.40. Following the transaction, the director now owns 17,590 shares in the company, valued at approximately $1,998,224. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Ralph W. Shrader sold 100,000 shares of Booz Allen Hamilton stock in a transaction on Friday, August 11th. The stock was sold at an average price of $120.56, for a total transaction of $12,056,000.00. Following the completion of the transaction, the director now owns 811,090 shares in the company, valued at approximately $97,785,010.40. The disclosure for this sale can be found here. In the last quarter, insiders have sold 150,337 shares of company stock worth $17,736,700. 1.76% of the stock is currently owned by corporate insiders.

Booz Allen Hamilton Price Performance

NYSE:BAH traded down $1.66 during trading hours on Friday, hitting $111.43. The stock had a trading volume of 1,191,515 shares, compared to its average volume of 960,797. The company has a 50 day simple moving average of $116.31 and a two-hundred day simple moving average of $104.35. The company has a debt-to-equity ratio of 2.71, a current ratio of 1.21 and a quick ratio of 1.21. Booz Allen Hamilton Holding Co. has a one year low of $87.99 and a one year high of $125.19. The firm has a market capitalization of $14.60 billion, a price-to-earnings ratio of 50.42, a P/E/G ratio of 2.21 and a beta of 0.61.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, July 28th. The business services provider reported $1.47 EPS for the quarter, beating the consensus estimate of $1.25 by $0.22. Booz Allen Hamilton had a net margin of 3.05% and a return on equity of 58.40%. The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.50 billion. Research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.03 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend was Monday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 85.07%.

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