Mitsubishi UFJ Trust & Banking Corp Has $13.81 Million Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Mitsubishi UFJ Trust & Banking Corp reduced its position in Booz Allen Hamilton Holding Co. (NYSE:BAHFree Report) by 20.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 126,386 shares of the business services provider’s stock after selling 33,151 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.10% of Booz Allen Hamilton worth $13,810,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of Booz Allen Hamilton by 2.8% in the 2nd quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,052 shares of the business services provider’s stock worth $341,000 after buying an additional 83 shares in the last quarter. CENTRAL TRUST Co lifted its holdings in shares of Booz Allen Hamilton by 2.4% during the third quarter. CENTRAL TRUST Co now owns 4,952 shares of the business services provider’s stock valued at $457,000 after acquiring an additional 115 shares during the period. Impax Asset Management Group plc lifted its holdings in shares of Booz Allen Hamilton by 1.2% during the second quarter. Impax Asset Management Group plc now owns 9,504 shares of the business services provider’s stock valued at $1,061,000 after acquiring an additional 116 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Booz Allen Hamilton by 0.4% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 28,651 shares of the business services provider’s stock valued at $3,131,000 after purchasing an additional 124 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its holdings in shares of Booz Allen Hamilton by 6.6% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,011 shares of the business services provider’s stock worth $224,000 after purchasing an additional 124 shares during the last quarter. Institutional investors and hedge funds own 90.32% of the company’s stock.

Insiders Place Their Bets

In other Booz Allen Hamilton news, COO Kristine Anderson sold 5,068 shares of the stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $139.88, for a total value of $708,911.84. Following the completion of the sale, the chief operating officer now directly owns 71,656 shares in the company, valued at $10,023,241.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.76% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on BAH shares. Truist Financial upped their price objective on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a research note on Monday, January 29th. The Goldman Sachs Group raised their price target on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a report on Monday, January 29th. Barclays lowered Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research note on Friday, January 5th. Wells Fargo & Company lifted their price target on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, January 30th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a report on Tuesday, February 6th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $139.56.

Get Our Latest Analysis on BAH

Booz Allen Hamilton Stock Performance

BAH stock opened at $145.89 on Tuesday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10. Booz Allen Hamilton Holding Co. has a twelve month low of $87.99 and a twelve month high of $148.07. The business’s fifty day moving average is $131.07 and its 200-day moving average is $123.67. The company has a market cap of $18.93 billion, a P/E ratio of 47.06, a price-to-earnings-growth ratio of 2.25 and a beta of 0.54.

Booz Allen Hamilton (NYSE:BAHGet Free Report) last issued its earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.28. The firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.54 billion. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The company’s revenue was up 12.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.07 earnings per share. Equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.42 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Monday, February 12th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.40%. The ex-dividend date is Friday, February 9th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.47. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 65.81%.

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.

Further Reading

Want to see what other hedge funds are holding BAH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booz Allen Hamilton Holding Co. (NYSE:BAHFree Report).

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

Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.