Redhawk Wealth Advisors Inc. Acquires 1,532 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Redhawk Wealth Advisors Inc. lifted its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 10.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,635 shares of the business services provider’s stock after buying an additional 1,532 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Booz Allen Hamilton were worth $2,012,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Booz Allen Hamilton by 87.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,281 shares of the business services provider’s stock worth $165,000 after purchasing an additional 596 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in Booz Allen Hamilton by 18.7% during the 4th quarter. Park Avenue Securities LLC now owns 13,048 shares of the business services provider’s stock worth $1,679,000 after buying an additional 2,051 shares in the last quarter. Wallace Advisory Group LLC boosted its position in Booz Allen Hamilton by 107.5% in the 4th quarter. Wallace Advisory Group LLC now owns 3,366 shares of the business services provider’s stock valued at $433,000 after buying an additional 1,744 shares during the last quarter. Capital Investment Advisors LLC increased its stake in shares of Booz Allen Hamilton by 8.1% in the 4th quarter. Capital Investment Advisors LLC now owns 12,946 shares of the business services provider’s stock valued at $1,666,000 after buying an additional 973 shares during the period. Finally, Matrix Trust Co raised its position in shares of Booz Allen Hamilton by 734.8% during the fourth quarter. Matrix Trust Co now owns 743 shares of the business services provider’s stock worth $96,000 after acquiring an additional 654 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Insider Buying and Selling

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

Analysts Set New Price Targets

A number of analysts recently commented on BAH shares. TD Cowen lowered their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. UBS Group initiated 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 target for the company. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective on the stock in a research note on Monday, January 6th. Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their price target for the company from $180.00 to $190.00 in a research note on Monday, November 4th. Finally, Truist Financial decreased their price objective on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research note on Friday, November 22nd. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $161.78.

Booz Allen Hamilton Stock Up 0.1 %

Booz Allen Hamilton stock opened at $136.34 on Thursday. Booz Allen Hamilton Holding Co. has a twelve month low of $125.88 and a twelve month high of $190.59. 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 50 day moving average of $141.93 and a 200-day moving average of $152.29. The stock has a market capitalization of $17.42 billion, a PE ratio of 21.40, a price-to-earnings-growth ratio of 1.62 and a beta of 0.55.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.50%. 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 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.