Booz Allen Hamilton (NYSE:BAH) Shares Down 5.2% – What’s Next?

Booz Allen Hamilton Holding Co. (NYSE:BAH) traded down 5.2% on Wednesday . The company traded as low as $134.31 and last traded at $134.37. 1,556,414 shares traded hands during trading, an increase of 81% from the average session volume of 858,185 shares. The stock had previously closed at $141.78.

Analyst Ratings Changes

A number of equities analysts recently issued reports on BAH shares. StockNews.com lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. UBS Group started coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 price objective on the stock. Barclays upped their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 29th. Truist Financial lowered their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research report on Friday, November 22nd. Finally, JPMorgan Chase & Co. cut Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and raised their target price for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Booz Allen Hamilton presently has an average rating of “Hold” and a consensus price target of $167.44.

Booz Allen Hamilton Stock Down 0.9 %

The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. The company has a market capitalization of $17.17 billion, a price-to-earnings ratio of 21.29, a price-to-earnings-growth ratio of 1.62 and a beta of 0.52. The business has a 50-day moving average price of $160.48 and a 200-day moving average price of $155.97.

Booz Allen Hamilton Announces Dividend

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

Insiders Place Their Bets

In related news, CFO Matthew Calderone sold 3,865 shares of the company’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total transaction of $618,400.00. Following the transaction, the chief financial officer now directly owns 33,683 shares of the company’s stock, valued at approximately $5,389,280. The trade was a 10.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Richard Crowe sold 4,243 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $700,095.00. Following the completion of the sale, the executive vice president now directly owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. This represents a 14.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,173 shares of company stock worth $1,989,220 over the last ninety days. 1.59% of the stock is currently owned by company insiders.

Institutional Trading of Booz Allen Hamilton

A number of institutional investors have recently bought and sold shares of BAH. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton during the 2nd quarter valued at about $29,000. Peterson Financial Group Inc. acquired a new stake in Booz Allen Hamilton in the third quarter valued at approximately $31,000. Innealta Capital LLC bought a new stake in Booz Allen Hamilton in the second quarter worth approximately $34,000. Gilliland Jeter Wealth Management LLC acquired a new position in shares of Booz Allen Hamilton during the 3rd quarter worth $45,000. Finally, MCF Advisors LLC raised its holdings in shares of Booz Allen Hamilton by 56.2% during the 2nd quarter. MCF Advisors LLC now owns 353 shares of the business services provider’s stock valued at $54,000 after purchasing an additional 127 shares in the last quarter. Institutional investors and hedge funds own 91.82% 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.