GAMMA Investing LLC Takes Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

GAMMA Investing LLC purchased a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 4th quarter, Holdings Channel reports. The firm purchased 2,477 shares of the business services provider’s stock, valued at approximately $349,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Financial Corp IN boosted its stake in Booz Allen Hamilton by 21.3% in the 4th quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock worth $60,000 after purchasing an additional 83 shares during the period. Greenleaf Trust boosted its stake in Booz Allen Hamilton by 1.9% in the 4th quarter. Greenleaf Trust now owns 5,335 shares of the business services provider’s stock worth $682,000 after purchasing an additional 99 shares during the period. Valley Wealth Managers Inc. boosted its stake in Booz Allen Hamilton by 4.0% in the 3rd quarter. Valley Wealth Managers Inc. now owns 2,755 shares of the business services provider’s stock worth $301,000 after purchasing an additional 106 shares during the period. VisionPoint Advisory Group LLC boosted its stake in Booz Allen Hamilton by 75.6% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after purchasing an additional 118 shares during the period. Finally, Signaturefd LLC boosted its stake in Booz Allen Hamilton by 7.8% in the 4th quarter. Signaturefd LLC now owns 1,625 shares of the business services provider’s stock worth $208,000 after purchasing an additional 118 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the transaction, the chief financial officer now directly owns 25,462 shares of the company’s stock, valued at approximately $3,730,437.62. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the transaction, the chief financial officer now directly owns 25,462 shares of the company’s stock, valued at approximately $3,730,437.62. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Horacio Rozanski sold 49,000 shares of the stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the transaction, the chief executive officer now owns 557,411 shares in the company, valued at approximately $81,209,208.59. The disclosure for this sale can be found here. Insiders have sold a total of 55,568 shares of company stock valued at $8,067,487 in the last three months. 1.76% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on BAH shares. JPMorgan Chase & Co. upped their target price on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 6th. Wells Fargo & Company boosted their price target on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 30th. Jefferies Financial Group boosted their price target on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Barclays cut shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research report on Friday, January 5th. Finally, The Goldman Sachs Group boosted their price target on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a research report on Monday, January 29th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. According to MarketBeat, Booz Allen Hamilton presently has a consensus rating of “Hold” and a consensus target price of $145.11.

Booz Allen Hamilton Stock Down 1.1 %

Shares of BAH stock opened at $144.39 on Thursday. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68. The firm’s 50-day moving average is $146.01 and its 200-day moving average is $134.66. The stock has a market cap of $18.73 billion, a price-to-earnings ratio of 46.58, a PEG ratio of 1.97 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a 52-week low of $89.80 and a 52-week high of $150.59.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.28. The company had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.54 billion. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. Booz Allen Hamilton’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.07 EPS. Sell-side analysts predict that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 12th were issued a $0.51 dividend. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.47. This represents a $2.04 annualized dividend and a yield of 1.41%. The ex-dividend date was Friday, February 9th. Booz Allen Hamilton’s dividend payout ratio is currently 65.81%.

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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.