Symphony Financial Ltd. Co. Invests $235,000 in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Symphony Financial Ltd. Co. purchased a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,449 shares of the business services provider’s stock, valued at approximately $235,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Banque Cantonale Vaudoise raised its stake in shares of Booz Allen Hamilton by 112.4% during the 1st quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock valued at $31,000 after buying an additional 109 shares during the last quarter. Riverview Trust Co purchased a new position in shares of Booz Allen Hamilton in the 1st quarter valued at about $39,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of Booz Allen Hamilton by 25.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 29,895 shares of the business services provider’s stock valued at $4,438,000 after purchasing an additional 6,065 shares in the last quarter. MCF Advisors LLC increased its stake in shares of Booz Allen Hamilton by 103.6% in the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 115 shares in the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO increased its stake in shares of Booz Allen Hamilton by 10.3% in the 1st quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 10,322 shares of the business services provider’s stock valued at $1,532,000 after purchasing an additional 968 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 0.5 %

BAH opened at $162.43 on Wednesday. Booz Allen Hamilton Holding Co. has a one year low of $114.69 and a one year high of $164.58. The stock has a market capitalization of $21.01 billion, a PE ratio of 35.31, a P/E/G ratio of 2.33 and a beta of 0.59. The business’s 50 day moving average price is $157.46 and its 200 day moving average price is $153.00. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.55 and a current ratio of 1.55.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, July 26th. The business services provider reported $1.38 EPS for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.14). Booz Allen Hamilton had a net margin of 5.57% and a return on equity of 65.80%. The business had revenue of $2.94 billion during the quarter, compared to analyst estimates of $2.92 billion. As a group, equities research analysts expect that Booz Allen Hamilton Holding Co. will post 5.97 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Wednesday, August 14th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $2.04 annualized dividend and a dividend yield of 1.26%. Booz Allen Hamilton’s dividend payout ratio is currently 44.35%.

Insider Transactions at Booz Allen Hamilton

In other news, CFO Matthew Calderone sold 3,865 shares of the stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total value of $618,400.00. Following the sale, the chief financial officer now directly owns 33,683 shares in the company, valued at approximately $5,389,280. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Booz Allen Hamilton news, Director Melody C. Barnes sold 1,041 shares of the firm’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $143.31, for a total transaction of $149,185.71. Following the transaction, the director now owns 18,123 shares of the company’s stock, valued at approximately $2,597,207.13. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of the firm’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $160.00, for a total value of $618,400.00. Following the transaction, the chief financial officer now directly owns 33,683 shares in the company, valued at approximately $5,389,280. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.59% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on BAH. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and lifted their price target for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. TD Cowen cut their price objective on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Monday, July 29th. StockNews.com lowered Booz Allen Hamilton from a “hold” rating to a “sell” rating in a research note on Tuesday. Wells Fargo & Company boosted their price objective on Booz Allen Hamilton from $165.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 1st. Finally, Truist Financial boosted their target price on Booz Allen Hamilton from $140.00 to $165.00 and gave the stock a “hold” rating in a report on Thursday, September 5th. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $170.75.

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