Booz Allen Hamilton Holding Co. (NYSE:BAH) is Wilson Asset Management International PTY Ltd.’s 6th Largest Position

Wilson Asset Management International PTY Ltd. lifted its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 17.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 140,868 shares of the business services provider’s stock after buying an additional 21,362 shares during the quarter. Booz Allen Hamilton accounts for 5.6% of Wilson Asset Management International PTY Ltd.’s portfolio, making the stock its 6th biggest position. Wilson Asset Management International PTY Ltd.’s holdings in Booz Allen Hamilton were worth $22,928,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of Booz Allen Hamilton by 6.8% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 295,447 shares of the business services provider’s stock valued at $43,856,000 after purchasing an additional 18,815 shares in the last quarter. Mediolanum International Funds Ltd purchased a new stake in shares of Booz Allen Hamilton in the first quarter worth about $2,044,000. Cetera Investment Advisers grew its stake in Booz Allen Hamilton by 142.5% during the first quarter. Cetera Investment Advisers now owns 28,615 shares of the business services provider’s stock valued at $4,248,000 after acquiring an additional 16,815 shares in the last quarter. Sei Investments Co. lifted its stake in Booz Allen Hamilton by 47.4% in the 1st quarter. Sei Investments Co. now owns 168,377 shares of the business services provider’s stock worth $24,995,000 after purchasing an additional 54,180 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its holdings in Booz Allen Hamilton by 2.9% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 149,998 shares of the business services provider’s stock valued at $22,266,000 after purchasing an additional 4,264 shares during the period. 91.82% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $700,095.00. Following the completion of the sale, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, Director Melody C. Barnes sold 1,041 shares of the company’s stock in a transaction dated 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 owns 18,123 shares of the company’s stock, valued at $2,597,207.13. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Richard Crowe sold 4,243 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $700,095.00. Following the sale, the executive vice president now owns 25,496 shares of the company’s stock, valued at $4,206,840. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,214 shares of company stock worth $2,138,406. 1.59% of the stock is owned by corporate insiders.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock opened at $186.00 on Tuesday. The stock’s 50 day moving average is $159.56 and its 200 day moving average is $153.85. The company has a market capitalization of $24.03 billion, a P/E ratio of 40.43, a PEG ratio of 2.33 and a beta of 0.59. Booz Allen Hamilton Holding Co. has a twelve month low of $116.60 and a twelve month high of $189.13. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 3.07.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, July 26th. The business services provider reported $1.38 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $2.92 billion. On average, equities research analysts predict that Booz Allen Hamilton Holding Co. will post 5.97 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.51 per share. The ex-dividend date is Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.10%. Booz Allen Hamilton’s dividend payout ratio is 44.35%.

Analyst Upgrades and Downgrades

BAH has been the subject of several recent analyst reports. StockNews.com cut Booz Allen Hamilton from a “hold” rating to a “sell” rating in a research report on Tuesday, October 22nd. Truist Financial raised their price target on Booz Allen Hamilton from $165.00 to $185.00 and gave the company a “hold” rating in a research report on Monday. TD Cowen reduced their price objective on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating on the stock in a research report on Monday, July 29th. Barclays dropped their target price on Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating for the company in a research report on Tuesday, July 30th. Finally, JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and lifted their price objective for the stock from $154.00 to $158.00 in a report on Wednesday, October 2nd. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $175.88.

Booz Allen Hamilton 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.