Barclays PLC Grows Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Barclays PLC raised its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 17.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 101,365 shares of the business services provider’s stock after purchasing an additional 14,826 shares during the period. Barclays PLC’s holdings in Booz Allen Hamilton were worth $16,497,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. AGF Management Ltd. grew its stake in Booz Allen Hamilton by 63.4% during the 2nd quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider’s stock valued at $269,419,000 after purchasing an additional 679,280 shares in the last quarter. Westfield Capital Management Co. LP acquired a new stake in shares of Booz Allen Hamilton during the third quarter worth approximately $48,349,000. Caisse DE Depot ET Placement DU Quebec increased its stake in shares of Booz Allen Hamilton by 28.5% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock worth $209,651,000 after buying an additional 285,621 shares during the last quarter. Acadian Asset Management LLC raised its holdings in Booz Allen Hamilton by 184.0% in 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 acquiring an additional 217,349 shares in the last quarter. Finally, Van ECK Associates Corp boosted its stake in Booz Allen Hamilton by 75.3% during the 2nd quarter. Van ECK Associates Corp now owns 465,363 shares of the business services provider’s stock valued at $71,619,000 after acquiring an additional 199,871 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $134.46 on Friday. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a market capitalization of $17.18 billion, a PE ratio of 21.11, a P/E/G ratio of 1.62 and a beta of 0.52. Booz Allen Hamilton Holding Co. has a 1-year low of $123.17 and a 1-year high of $190.59. The business’s fifty day moving average price is $159.96 and its two-hundred day moving average price is $155.81.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Friday, November 15th were issued a $0.51 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.52%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.03%.

Analyst Ratings Changes

BAH has been the subject of several research analyst reports. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their target price for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. Barclays upped their price objective 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. StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. UBS Group assumed coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target on the stock. Finally, JPMorgan Chase & Co. downgraded shares of 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. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $167.44.

Insider Buying and Selling at Booz Allen Hamilton

In related news, CFO Matthew Calderone sold 3,865 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $160.00, for a total value of $618,400.00. Following the completion of the sale, the chief financial officer now owns 33,683 shares of the company’s stock, valued at $5,389,280. This represents a 10.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Richard Crowe sold 4,243 shares of the firm’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $700,095.00. Following the transaction, the executive vice president now directly owns 25,496 shares in the company, valued at approximately $4,206,840. The trade was 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 worth $1,989,220. 1.59% of the stock is owned by company insiders.

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.