Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Bought by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. raised its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.8% in the fourth quarter, Holdings Channel reports. The fund owned 24,082 shares of the business services provider’s stock after buying an additional 427 shares during the period. Stratos Wealth Partners LTD.’s holdings in Booz Allen Hamilton were worth $3,080,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. First Financial Corp IN increased its holdings in shares of Booz Allen Hamilton by 21.3% during the 4th quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock worth $60,000 after buying an additional 83 shares during the last quarter. Valley Wealth Managers Inc. increased its holdings in shares of Booz Allen Hamilton by 4.0% during the 3rd quarter. Valley Wealth Managers Inc. now owns 2,755 shares of the business services provider’s stock worth $301,000 after buying an additional 106 shares during the last quarter. CENTRAL TRUST Co increased its holdings in shares of Booz Allen Hamilton by 2.4% during the 3rd quarter. CENTRAL TRUST Co now owns 4,952 shares of the business services provider’s stock worth $457,000 after buying an additional 115 shares during the last quarter. VisionPoint Advisory Group LLC increased its holdings in shares of Booz Allen Hamilton by 75.6% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after buying an additional 118 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of Booz Allen Hamilton by 0.4% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 28,651 shares of the business services provider’s stock worth $3,131,000 after buying an additional 124 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on BAH shares. Truist Financial increased 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 report on Monday, January 29th. 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. Barclays cut shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research note on Friday, January 5th. The Goldman Sachs Group raised their target price on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, January 29th. Finally, Wells Fargo & Company raised their target price on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 30th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $139.56.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $146.83 on Monday. Booz Allen Hamilton Holding Co. has a one year low of $89.80 and a one year high of $150.59. The company has a 50-day moving average of $146.18 and a two-hundred day moving average of $132.00. The stock has a market cap of $19.05 billion, a price-to-earnings ratio of 47.36, a PEG ratio of 2.00 and a beta of 0.53. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.68 and a quick ratio of 1.68.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, January 26th. The business services provider reported $1.41 EPS for the quarter, topping the consensus estimate of $1.13 by $0.28. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. The company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.54 billion. During the same period last year, the company posted $1.07 earnings per share. The business’s revenue for the quarter was up 12.9% on a year-over-year basis. On average, equities research analysts expect that Booz Allen Hamilton Holding Co. will post 5.41 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 12th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.39%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.47. The ex-dividend date was Friday, February 9th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 65.81%.

Insider Buying and Selling

In related news, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the completion of the sale, the chief financial officer now directly owns 25,462 shares in the company, valued at $3,730,437.62. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the completion of the sale, the chief financial officer now directly owns 25,462 shares in the company, valued at $3,730,437.62. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Kristine Anderson sold 5,068 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $139.88, for a total transaction of $708,911.84. Following the sale, the chief operating officer now owns 71,656 shares of the company’s stock, valued at $10,023,241.28. The disclosure for this sale can be found here. Over the last three months, insiders sold 55,568 shares of company stock worth $8,067,487. 1.76% of the stock is owned by company insiders.

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