Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lowered its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 14.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,794 shares of the business services provider’s stock after selling 1,700 shares during the period. Daiwa Securities Group Inc.’s holdings in Booz Allen Hamilton were worth $1,594,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new position in shares of Booz Allen Hamilton in the second quarter valued at approximately $26,000. Peterson Financial Group Inc. acquired a new position in Booz Allen Hamilton during the 3rd quarter worth approximately $31,000. OFI Invest Asset Management acquired a new position in Booz Allen Hamilton during the 2nd quarter worth approximately $29,000. Innealta Capital LLC acquired a new position in Booz Allen Hamilton during the 2nd quarter worth approximately $34,000. Finally, Gilliland Jeter Wealth Management LLC acquired a new position in Booz Allen Hamilton during the 3rd quarter worth approximately $45,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

BAH has been the subject of several analyst reports. Truist Financial lowered their price target on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a report on Friday, November 22nd. The Goldman Sachs Group boosted their price target on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. Barclays boosted their price target on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a report on Tuesday, October 29th. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th. Finally, Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $173.25.

Booz Allen Hamilton Stock Down 0.9 %

Shares of NYSE:BAH opened at $147.35 on Friday. The firm has a 50 day simple moving average of $164.23 and a 200-day simple moving average of $156.73. Booz Allen Hamilton Holding Co. has a twelve month low of $123.17 and a twelve month high of $190.59. The company has a market capitalization of $18.83 billion, a PE ratio of 23.13, a P/E/G ratio of 1.77 and a beta of 0.58. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76.

Booz Allen Hamilton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be given a $0.51 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.38%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.03%.

Insider Activity at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the company’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $160.00, for a total transaction of $618,400.00. Following the completion of the transaction, the chief financial officer now owns 33,683 shares in the company, valued at approximately $5,389,280. This represents a 10.29 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Richard Crowe sold 4,243 shares of the company’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 transaction, the executive vice president now owns 25,496 shares of the company’s stock, 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. Insiders sold a total of 12,173 shares of company stock worth $1,989,220 in the last 90 days. 1.59% of the stock is owned by insiders.

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.