26,903 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Bought by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC acquired a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 4th quarter, Holdings Channel reports. The firm acquired 26,903 shares of the business services provider’s stock, valued at approximately $3,462,000.

A number of other institutional investors and hedge funds have also made changes to their positions in BAH. Oppenheimer & Co. Inc. lifted its holdings in shares of Booz Allen Hamilton by 3.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock valued at $297,000 after acquiring an additional 59 shares during the last quarter. X Square Capital LLC boosted its holdings in shares of Booz Allen Hamilton by 0.7% in the 2nd quarter. X Square Capital LLC now owns 10,509 shares of the business services provider’s stock worth $1,617,000 after purchasing an additional 72 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of 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 last quarter. CIBC Asset Management Inc raised its holdings in Booz Allen Hamilton by 1.9% during the 2nd quarter. CIBC Asset Management Inc now owns 4,448 shares of the business services provider’s stock valued at $685,000 after buying an additional 82 shares during the period. Finally, Apollon Wealth Management LLC raised its holdings 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 buying an additional 86 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Analysts Set New Price Targets

A number of research firms have weighed in on BAH. The Goldman Sachs Group cut their price objective 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. JPMorgan Chase & Co. downgraded shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their price target for the company from $154.00 to $158.00 in a report on Wednesday, October 2nd. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and raised their price objective for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. UBS Group started coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price on the stock. Finally, StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $163.56.

Booz Allen Hamilton Stock Down 1.3 %

NYSE BAH traded down $1.69 on Monday, reaching $130.24. 755,127 shares of the stock traded hands, compared to its average volume of 1,474,810. Booz Allen Hamilton Holding Co. has a 12 month low of $124.04 and a 12 month high of $190.59. The company has a market cap of $16.64 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 1.62 and a beta of 0.55. The company has a fifty day moving average price of $150.02 and a 200-day moving average price of $153.58. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56.

Booz Allen Hamilton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Friday, November 15th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend was Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.03%.

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.