Mn Services Vermogensbeheer B.V. Sells 1,500 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Mn Services Vermogensbeheer B.V. lowered its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 2.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,200 shares of the business services provider’s stock after selling 1,500 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Booz Allen Hamilton were worth $7,880,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. International Assets Investment Management LLC bought a new stake in Booz Allen Hamilton during the 4th quarter worth $127,450,000. Signaturefd LLC grew its holdings in shares of Booz Allen Hamilton by 7.8% during the fourth quarter. Signaturefd LLC now owns 1,625 shares of the business services provider’s stock worth $208,000 after purchasing an additional 118 shares during the last quarter. CWM LLC increased its stake in shares of Booz Allen Hamilton by 20.3% in the fourth quarter. CWM LLC now owns 3,009 shares of the business services provider’s stock valued at $385,000 after buying an additional 508 shares during the period. Tokio Marine Asset Management Co. Ltd. raised its holdings in Booz Allen Hamilton by 6.5% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,773 shares of the business services provider’s stock valued at $483,000 after buying an additional 230 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in Booz Allen Hamilton by 56.9% during the 4th quarter. Van ECK Associates Corp now owns 69,914 shares of the business services provider’s stock worth $8,943,000 after buying an additional 25,359 shares during the period. Institutional investors own 91.82% of the company’s stock.

Insider Buying and Selling at Booz Allen Hamilton

In other news, EVP Susan L. Penfield sold 18,522 shares of the firm’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $153.73, for a total value of $2,847,387.06. Following the completion of the sale, the executive vice president now directly owns 33,788 shares in the company, valued at approximately $5,194,229.24. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, EVP Susan L. Penfield sold 18,522 shares of the stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $153.73, for a total value of $2,847,387.06. Following the transaction, the executive vice president now directly owns 33,788 shares in the company, valued at approximately $5,194,229.24. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Melody C. Barnes sold 1,041 shares of Booz Allen Hamilton stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $143.31, for a total transaction of $149,185.71. Following the completion of the sale, the director now directly owns 18,123 shares of the company’s stock, valued at approximately $2,597,207.13. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,569 shares of company stock valued at $3,149,445. Corporate insiders own 1.59% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on BAH shares. Wells Fargo & Company upgraded shares of Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and decreased their price target for the company from $168.00 to $165.00 in a research report on Monday, July 29th. Truist Financial decreased their price objective on Booz Allen Hamilton from $160.00 to $140.00 and set a “hold” rating for the company in a report on Monday, July 29th. Barclays cut their target price on Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating on the stock in a report on Tuesday, July 30th. Stifel Nicolaus increased their price target on Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, May 21st. Finally, Jefferies Financial Group raised their price objective on Booz Allen Hamilton from $180.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, May 29th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $156.56.

Booz Allen Hamilton Stock Up 0.5 %

Shares of NYSE:BAH opened at $154.94 on Monday. Booz Allen Hamilton Holding Co. has a 1 year low of $106.90 and a 1 year high of $164.43. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.55 and a quick ratio of 1.62. The business’s 50-day moving average is $151.78 and its 200-day moving average is $149.46. The company has a market capitalization of $20.04 billion, a price-to-earnings ratio of 33.68, a P/E/G ratio of 2.06 and a beta of 0.57.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, July 26th. The business services provider reported $1.38 earnings per share for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.14). The business had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.92 billion. Booz Allen Hamilton had a return on equity of 65.80% and a net margin of 5.57%. Equities research analysts predict that Booz Allen Hamilton Holding Co. will post 5.97 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th will be issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Wednesday, August 14th. Booz Allen Hamilton’s payout ratio is 44.35%.

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