Bank of Nova Scotia Has $1.43 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Bank of Nova Scotia decreased its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAHFree Report) by 90.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,187 shares of the business services provider’s stock after selling 103,257 shares during the period. Bank of Nova Scotia’s holdings in Booz Allen Hamilton were worth $1,430,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in BAH. Principal Financial Group Inc. boosted its position in shares of Booz Allen Hamilton by 2.3% during the 3rd quarter. Principal Financial Group Inc. now owns 38,129 shares of the business services provider’s stock worth $4,166,000 after acquiring an additional 859 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in shares of Booz Allen Hamilton by 6.1% during the 3rd quarter. Avantax Advisory Services Inc. now owns 3,709 shares of the business services provider’s stock worth $405,000 after acquiring an additional 212 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC boosted its position in shares of Booz Allen Hamilton by 0.4% during the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 31,168 shares of the business services provider’s stock worth $3,406,000 after acquiring an additional 128 shares in the last quarter. Amalgamated Bank boosted its position in shares of Booz Allen Hamilton by 2.0% during the 3rd quarter. Amalgamated Bank now owns 30,138 shares of the business services provider’s stock worth $3,293,000 after acquiring an additional 598 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Booz Allen Hamilton by 0.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 793,299 shares of the business services provider’s stock worth $86,684,000 after acquiring an additional 3,885 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Insider Buying and Selling

In related news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction 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 transaction, the chief financial officer now owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction 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 transaction, the chief financial officer now owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Richard Crowe sold 180 shares of Booz Allen Hamilton stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total transaction of $27,747.00. Following the transaction, the executive vice president now directly owns 17,486 shares of the company’s stock, valued at approximately $2,695,466.90. The disclosure for this sale can be found here. Insiders sold 59,755 shares of company stock valued at $9,189,791 over the last quarter. Insiders own 1.76% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $152.29 on Friday. The firm has a market cap of $19.69 billion, a PE ratio of 33.11, a price-to-earnings-growth ratio of 1.80 and a beta of 0.57. The firm’s fifty day moving average is $148.97 and its 200-day moving average is $140.58. The company has a debt-to-equity ratio of 3.20, a quick ratio of 1.62 and a current ratio of 1.62. Booz Allen Hamilton Holding Co. has a 52 week low of $102.73 and a 52 week high of $164.43.

Booz Allen Hamilton (NYSE:BAHGet Free Report) last issued its quarterly earnings results on Friday, May 24th. The business services provider reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.10. The company had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.71 billion. Booz Allen Hamilton had a net margin of 5.68% and a return on equity of 68.12%. Booz Allen Hamilton’s revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.01 earnings per share. Sell-side analysts predict that Booz Allen Hamilton Holding Co. will post 6.04 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 13th will be paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Thursday, June 13th. Booz Allen Hamilton’s dividend payout ratio is presently 44.35%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on BAH shares. Stifel Nicolaus increased their price target on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. Wells Fargo & Company raised their target price on shares of Booz Allen Hamilton from $158.00 to $169.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 28th. Barclays raised their target price on shares of Booz Allen Hamilton from $135.00 to $153.00 and gave the company an “underweight” rating in a research report on Wednesday, May 29th. TD Cowen raised their target price on shares of Booz Allen Hamilton from $158.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th. Finally, Truist Financial raised their target price on shares of Booz Allen Hamilton from $145.00 to $160.00 and gave the company a “hold” rating in a research report on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Hold” and a consensus target price of $159.78.

Check Out Our Latest Stock Analysis on BAH

About Booz Allen Hamilton

(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.

See Also

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

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