Town & Country Bank & Trust CO dba First Bankers Trust CO Acquires New Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Town & Country Bank & Trust CO dba First Bankers Trust CO acquired a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 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. grew its position in Booz Allen Hamilton by 0.8% during the fourth 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 purchasing an additional 127 shares in the last quarter. Y Intercept Hong Kong Ltd grew its position in Booz Allen Hamilton by 183.5% in the first quarter. Y Intercept Hong Kong Ltd now owns 5,981 shares of the business services provider’s stock worth $554,000 after acquiring an additional 3,871 shares in the last quarter. First Trust Advisors LP grew its position in Booz Allen Hamilton by 52.2% in the first quarter. First Trust Advisors LP now owns 2,609,897 shares of the business services provider’s stock worth $241,911,000 after acquiring an additional 894,974 shares in the last quarter. Bridges Investment Management Inc. grew its position in Booz Allen Hamilton by 29.5% in the second quarter. Bridges Investment Management Inc. now owns 11,244 shares of the business services provider’s stock worth $1,255,000 after acquiring an additional 2,560 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Booz Allen Hamilton by 1.6% in the fourth quarter. Bank of America Corp DE now owns 1,614,712 shares of the business services provider’s stock worth $168,770,000 after acquiring an additional 25,743 shares in the last quarter. 90.32% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Booz Allen Hamilton

In other news, Director Melody C. Barnes sold 824 shares of the business’s 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 sale, the director now owns 17,590 shares of the company’s stock, valued at $1,998,224. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, Director Melody C. Barnes sold 824 shares of the business’s stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $113.60, for a total transaction of $93,606.40. Following the transaction, the director now directly owns 17,590 shares in the company, valued at $1,998,224. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Ralph W. Shrader sold 100,000 shares of the business’s 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 transaction, the director now owns 811,090 shares in the company, valued at $97,785,010.40. The disclosure for this sale can be found here. Insiders have sold a total of 150,337 shares of company stock valued at $17,736,700 over the last 90 days. 1.76% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

BAH has been the subject of several recent research reports. Bank of America boosted their target price on shares of Booz Allen Hamilton from $105.00 to $110.00 in a research report on Wednesday, June 7th. Truist Financial upped their target price on shares of Booz Allen Hamilton from $106.00 to $120.00 and gave the company a “hold” rating in a research note on Monday, July 31st. Stifel Nicolaus increased their price objective on shares of Booz Allen Hamilton from $125.00 to $127.00 and gave the company a “buy” rating in a research note on Friday, July 28th. Barclays upped their target price on shares of Booz Allen Hamilton from $108.00 to $125.00 and gave the stock an “equal weight” rating in a report on Monday, July 31st. Finally, 51job reissued 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 given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $119.00.

Booz Allen Hamilton Trading Down 1.5 %

Shares of NYSE:BAH traded down $1.66 during mid-day trading on Friday, reaching $111.43. The stock had a trading volume of 1,191,515 shares, compared to its average volume of 960,797. The firm has a market cap of $14.60 billion, a PE ratio of 50.42, a price-to-earnings-growth ratio of 2.21 and a beta of 0.61. The firm 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 current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.71. Booz Allen Hamilton Holding Co. has a twelve month low of $87.99 and a twelve month high of $125.19.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, July 28th. The business services provider reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $2.50 billion. On average, research analysts predict that Booz Allen Hamilton Holding Co. will post 5.03 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th were given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis 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 is presently 85.07%.

About Booz Allen Hamilton

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.