Booz Allen Hamilton Holding Co. (NYSE:BAH) Stake Lowered by Aureus Asset Management LLC

Aureus Asset Management LLC cut its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 204,946 shares of the business services provider’s stock after selling 2,992 shares during the quarter. Booz Allen Hamilton makes up 2.2% of Aureus Asset Management LLC’s portfolio, making the stock its 22nd largest holding. Aureus Asset Management LLC owned about 0.16% of Booz Allen Hamilton worth $33,357,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in BAH. Cetera Investment Advisers grew its holdings in shares of 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 purchasing an additional 16,815 shares during the last quarter. Cetera Advisors LLC acquired a new position in shares of Booz Allen Hamilton during the first quarter worth approximately $1,376,000. GAMMA Investing LLC boosted its position in shares of Booz Allen Hamilton by 5.1% during the second quarter. GAMMA Investing LLC now owns 2,621 shares of the business services provider’s stock worth $403,000 after buying an additional 126 shares during the period. Mather Group LLC. boosted its position in shares of Booz Allen Hamilton by 13.1% during the second quarter. Mather Group LLC. now owns 5,210 shares of the business services provider’s stock worth $773,000 after buying an additional 602 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its position in shares of Booz Allen Hamilton by 110.8% during the second quarter. Harbor Capital Advisors Inc. now owns 9,119 shares of the business services provider’s stock worth $1,403,000 after buying an additional 4,793 shares during the period. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Stock Performance

BAH opened at $148.18 on Monday. The company has a market capitalization of $18.93 billion, a price-to-earnings ratio of 23.26, a price-to-earnings-growth ratio of 1.78 and a beta of 0.58. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. Booz Allen Hamilton Holding Co. has a 1-year low of $123.17 and a 1-year high of $190.59. The business has a 50 day moving average price of $163.86 and a two-hundred day moving average price of $156.74.

Booz Allen Hamilton Announces Dividend

The business also recently declared 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 of this dividend is Friday, November 15th. This represents a $2.04 annualized dividend and a dividend yield of 1.38%. Booz Allen Hamilton’s dividend payout ratio is currently 32.03%.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 4,065 shares of the company’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $670,725.00. Following the transaction, the chief financial officer now owns 29,618 shares of the company’s stock, valued at approximately $4,886,970. This represents a 12.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of the company’s stock in a transaction 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 transaction, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. This represents a 14.27 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,173 shares of company stock valued at $1,989,220. Corporate insiders own 1.59% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BAH shares. Truist Financial reduced their price objective on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th. The Goldman Sachs Group boosted their price objective on Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. Finally, Wells Fargo & Company reduced their price objective on Booz Allen Hamilton from $206.00 to $177.00 and set an “overweight” rating for the company in a research report on Tuesday, November 26th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Hold” and a consensus price target of $173.25.

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.