Quantbot Technologies LP Has $1.66 Million Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Quantbot Technologies LP lifted its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 936.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 10,218 shares of the business services provider’s stock after purchasing an additional 9,232 shares during the quarter. Quantbot Technologies LP’s holdings in Booz Allen Hamilton were worth $1,663,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of BAH. Opal Wealth Advisors LLC acquired a new stake in Booz Allen Hamilton during the 2nd quarter worth about $26,000. OFI Invest Asset Management acquired a new stake in Booz Allen Hamilton during the second quarter worth approximately $29,000. Peterson Financial Group Inc. bought a new stake in Booz Allen Hamilton in the third quarter worth approximately $31,000. Innealta Capital LLC acquired a new position in Booz Allen Hamilton in the second quarter valued at approximately $34,000. Finally, Gilliland Jeter Wealth Management LLC bought a new position in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $45,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Up 0.6 %

NYSE BAH opened at $148.18 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The firm has a market capitalization of $18.93 billion, a P/E ratio of 23.13, a PEG ratio of 1.77 and a beta of 0.58. The business has a fifty day simple moving average of $164.05 and a 200 day simple moving average of $156.67. Booz Allen Hamilton Holding Co. has a 12 month low of $123.17 and a 12 month high of $190.59.

Booz Allen Hamilton Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. downgraded shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and boosted their target price for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd. Barclays increased their price objective 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. Truist Financial decreased their target price on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. The Goldman Sachs Group increased their price target on Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. Finally, Wells Fargo & Company lowered their target price on Booz Allen Hamilton from $206.00 to $177.00 and set an “overweight” rating on the stock in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Booz Allen Hamilton has a consensus rating of “Hold” and a consensus target price of $173.25.

Insiders Place Their Bets

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 stock was sold at an average price of $160.00, for a total value of $618,400.00. Following the completion of the transaction, the chief financial officer now owns 33,683 shares in the company, valued at $5,389,280. This represents a 10.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton 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 sale, the executive vice president now owns 25,496 shares in the company, valued at $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. In the last ninety days, insiders sold 12,173 shares of company stock valued at $1,989,220. Corporate insiders own 1.59% of the company’s stock.

Booz Allen Hamilton 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.