3 days Ago By ABMN Staff
Private Advisor Group LLC lifted its position in shares of Booz Allen Hamilton Holding Co. ( NYSE:BAH – Free Report ) by 30.6% in the second quarter, HoldingsChannel.
com reports. The institutional investor owned 7,598 shares of the business services provider’s stock after buying an additional 1,782 shares during the quarter. Private Advisor Group LLC’s holdings in Booz Allen Hamilton were worth $1,169,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. First Horizon Advisors Inc. grew its holdings in Booz Allen Hamilton by 4.
5% in the second quarter. First Horizon Advisors Inc. now owns 1,596 shares of the business services provider’s stock valued at $246,000 after purchasing an additional 69 shares during the period.
CIBC Asset Management Inc raised its holdings in Booz Allen Hamilton by 1.9% in the second quarter. CIBC Asset Management Inc now owns 4,448 shares of the business services provider’s stock valued at $685,000 after acquiring an additional 82 shares in the last quarter.
Gulf International Bank UK Ltd raised its holdings in Booz Allen Hamilton by 0.8% in the first quarter. Gulf International Bank UK Ltd now owns 10,838 shares of the business services provider’s stock valued at $1,608,000 after acquiring an additional 85 shares in the last quarter.
BI Asset Management Fondsmaeglerselskab A S increased its stake in Booz Allen Hamilton by 2.2% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 3,975 shares of the business services provider’s stock valued at $508,000 after purchasing an additional 86 shares during the last quarter.
Finally, Benjamin F. Edwards & Company Inc. increased its stake in Booz Allen Hamilton by 0.
5% during the first quarter. Benjamin F. Edwards & Company Inc.
now owns 17,990 shares of the business services provider’s stock valued at $2,671,000 after purchasing an additional 93 shares during the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets In other news, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $143.
31, for a total value of $149,185.71. Following the sale, the director now owns 18,123 shares in the company, valued at approximately $2,597,207.
13. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Corporate insiders own 1.
59% of the company’s stock. Booz Allen Hamilton Trading Up 1.5 % Booz Allen Hamilton ( NYSE:BAH – Get Free Report ) last released its quarterly earnings results on Friday, July 26th.
The business services provider reported $1.38 EPS for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.
14). The firm had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.
92 billion. Booz Allen Hamilton had a net margin of 5.57% and a return on equity of 65.
80%. On average, research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.
96 EPS for the current fiscal year. Booz Allen Hamilton Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Wednesday, August 14th were paid a $0.
51 dividend. The ex-dividend date was Wednesday, August 14th. This represents a $2.
04 annualized dividend and a dividend yield of 1.30%. Booz Allen Hamilton’s payout ratio is 44.
35%. Wall Street Analysts Forecast Growth Several analysts have weighed in on the stock. Barclays lowered their target price on shares of Booz Allen Hamilton from $153.
00 to $142.00 and set an “underweight” rating for the company in a research note on Tuesday, July 30th. Stifel Nicolaus increased their target price on shares of Booz Allen Hamilton from $155.
00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, May 21st. Wells Fargo & Company raised shares of Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and cut their price target for the company from $168.
00 to $165.00 in a report on Monday, July 29th. TD Cowen reduced their price objective on shares of Booz Allen Hamilton from $185.
00 to $165.00 and set a “buy” rating for the company in a research note on Monday, July 29th. Finally, Truist Financial upped their target price on Booz Allen Hamilton from $140.
00 to $165.00 and gave the company a “hold” rating in a report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company.
According to MarketBeat, Booz Allen Hamilton has an average rating of “Moderate Buy” and a consensus target price of $159.33. Check Out Our Latest Stock Analysis on Booz Allen Hamilton Booz Allen Hamilton Company Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding BAH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booz Allen Hamilton Holding Co.
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