MML Investors Services LLC Buys 1,160 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

MML Investors Services LLC boosted its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 3.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,390 shares of the business services provider’s stock after acquiring an additional 1,160 shares during the period. MML Investors Services LLC’s holdings in Booz Allen Hamilton were worth $6,574,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. OFI Invest Asset Management acquired a new stake in Booz Allen Hamilton during the second quarter worth $29,000. Peterson Financial Group Inc. bought a new position in Booz Allen Hamilton during the third quarter worth about $31,000. Innealta Capital LLC acquired a new stake in Booz Allen Hamilton during the second quarter valued at approximately $34,000. Gilliland Jeter Wealth Management LLC bought a new stake in Booz Allen Hamilton in the third quarter valued at $45,000. Finally, MCF Advisors LLC raised its stake in Booz Allen Hamilton by 56.2% during the second quarter. MCF Advisors LLC now owns 353 shares of the business services provider’s stock worth $54,000 after acquiring an additional 127 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Insider Buying and Selling

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 transaction of $700,095.00. Following the sale, the executive vice president now owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. This trade represents a 14.27 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Matthew Calderone sold 4,065 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were 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 directly owns 29,618 shares of the company’s stock, valued at approximately $4,886,970. The trade was a 12.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,173 shares of company stock valued at $1,989,220 in the last 90 days. 1.59% of the stock is owned by insiders.

Booz Allen Hamilton Stock Performance

BAH stock opened at $135.60 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. Booz Allen Hamilton Holding Co. has a twelve month low of $123.17 and a twelve month high of $190.59. The business’s fifty day moving average is $160.48 and its 200-day moving average is $155.97. The company has a market cap of $17.33 billion, a P/E ratio of 21.29, a price-to-earnings-growth ratio of 1.75 and a beta of 0.52.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Friday, November 15th were given a $0.51 dividend. The ex-dividend date was Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.50%. Booz Allen Hamilton’s dividend payout ratio is 32.03%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price target for the company from $180.00 to $190.00 in a report on Monday, November 4th. Wells Fargo & Company decreased their price target on Booz Allen Hamilton from $206.00 to $177.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 26th. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. UBS Group started coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price on the stock. Finally, Barclays upped their price target on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Booz Allen Hamilton has an average rating of “Hold” and a consensus target price of $167.44.

About Booz Allen Hamilton

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.