Swiss National Bank Sells 200 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Swiss National Bank lessened its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 0.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 384,100 shares of the business services provider’s stock after selling 200 shares during the period. Swiss National Bank owned approximately 0.30% of Booz Allen Hamilton worth $62,516,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BAH. AGF Management Ltd. raised its stake in shares of Booz Allen Hamilton by 63.4% during the second quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider’s stock worth $269,419,000 after acquiring an additional 679,280 shares in the last quarter. Captrust Financial Advisors raised its position in Booz Allen Hamilton by 29.4% in the 1st quarter. Captrust Financial Advisors now owns 1,076,130 shares of the business services provider’s stock worth $159,741,000 after purchasing an additional 244,391 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Booz Allen Hamilton by 2.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 10,406,880 shares of the business services provider’s stock worth $1,544,798,000 after purchasing an additional 222,884 shares during the last quarter. Acadian Asset Management LLC boosted its position in Booz Allen Hamilton by 184.0% during the second quarter. Acadian Asset Management LLC now owns 335,463 shares of the business services provider’s stock valued at $51,613,000 after buying an additional 217,349 shares during the period. Finally, Van ECK Associates Corp grew its stake in shares of Booz Allen Hamilton by 75.3% during the second quarter. Van ECK Associates Corp now owns 465,363 shares of the business services provider’s stock valued at $71,619,000 after buying an additional 199,871 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 4,065 shares of the firm’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $670,725.00. Following the completion of the transaction, the chief financial officer now owns 29,618 shares of the company’s stock, valued at approximately $4,886,970. This trade represents a 12.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Richard Crowe sold 4,243 shares of the business’s stock in a transaction 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 in the company, valued at approximately $4,206,840. This trade represents a 14.27 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,173 shares of company stock valued at $1,989,220. 1.59% of the stock is currently owned by corporate insiders.

Booz Allen Hamilton Stock Down 1.9 %

Shares of NYSE BAH opened at $137.87 on Wednesday. The firm has a fifty day simple moving average of $165.14 and a two-hundred day simple moving average of $156.99. The firm has a market capitalization of $17.62 billion, a PE ratio of 21.64, a price-to-earnings-growth ratio of 1.79 and a beta of 0.58. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. Booz Allen Hamilton Holding Co. has a 12 month low of $123.17 and a 12 month high of $190.59.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be issued a $0.51 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.48%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.03%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BAH. Barclays boosted their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the company an “underweight” rating in a research note on Tuesday, October 29th. Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their price objective for the company from $180.00 to $190.00 in a research report on Monday, November 4th. Wells Fargo & Company raised their target price on shares of Booz Allen Hamilton from $185.00 to $206.00 and gave the stock an “overweight” rating in a report on Monday, October 28th. StockNews.com lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and raised their price target for the stock from $154.00 to $158.00 in a report on Wednesday, October 2nd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $180.63.

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.