Wallace Advisory Group LLC Purchases 1,744 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Wallace Advisory Group LLC lifted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 107.5% during the 4th quarter, Holdings Channel reports. The firm owned 3,366 shares of the business services provider’s stock after buying an additional 1,744 shares during the quarter. Wallace Advisory Group LLC’s holdings in Booz Allen Hamilton were worth $433,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Oppenheimer & Co. Inc. lifted its position in Booz Allen Hamilton by 3.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock worth $297,000 after buying an additional 59 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in Booz Allen Hamilton by 13.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider’s stock valued at $111,000 after purchasing an additional 79 shares during the period. Apollon Wealth Management LLC lifted its position in Booz Allen Hamilton by 5.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider’s stock valued at $271,000 after purchasing an additional 86 shares during the period. AIA Group Ltd lifted its position in Booz Allen Hamilton by 0.9% during the 3rd quarter. AIA Group Ltd now owns 11,600 shares of the business services provider’s stock valued at $1,888,000 after purchasing an additional 100 shares during the period. Finally, Strategic Blueprint LLC lifted its position in Booz Allen Hamilton by 7.6% during the 3rd quarter. Strategic Blueprint LLC now owns 1,647 shares of the business services provider’s stock valued at $268,000 after purchasing an additional 116 shares during the period. Institutional investors own 91.82% of the company’s stock.

Analyst Ratings Changes

BAH has been the topic of a number of analyst reports. The Goldman Sachs Group cut their price target on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their price target for the company from $180.00 to $190.00 in a research report on Monday, November 4th. JPMorgan Chase & Co. downgraded shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their price target for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd. UBS Group began coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price for the company. Finally, StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $161.78.

Booz Allen Hamilton Trading Up 2.1 %

Shares of Booz Allen Hamilton stock opened at $135.23 on Tuesday. The business has a fifty day simple moving average of $143.79 and a two-hundred day simple moving average of $152.53. Booz Allen Hamilton Holding Co. has a 1 year low of $125.88 and a 1 year high of $190.59. The company has a market capitalization of $17.28 billion, a price-to-earnings ratio of 21.23, a P/E/G ratio of 1.62 and a beta of 0.55. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date was Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio is currently 32.03%.

Insider Transactions at Booz Allen Hamilton

In related news, EVP Richard Crowe sold 4,243 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 value of $700,095.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 value of $670,725.00. Following the completion of the transaction, the chief financial officer now owns 29,618 shares in the company, valued at $4,886,970. The trade was a 12.07 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.59% of the company’s stock.

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.