Private Advisor Group LLC Has $1.15 Million Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Private Advisor Group LLC lowered its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 7.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,056 shares of the business services provider’s stock after selling 542 shares during the quarter. Private Advisor Group LLC’s holdings in Booz Allen Hamilton were worth $1,149,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of Booz Allen Hamilton by 6.8% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 295,447 shares of the business services provider’s stock valued at $43,856,000 after acquiring an additional 18,815 shares during the last quarter. Mediolanum International Funds Ltd bought a new position in Booz Allen Hamilton during the 1st quarter worth $2,044,000. Cetera Investment Advisers grew its holdings in Booz Allen Hamilton by 142.5% during the 1st quarter. Cetera Investment Advisers now owns 28,615 shares of the business services provider’s stock worth $4,248,000 after acquiring an additional 16,815 shares during the period. Sei Investments Co. grew its holdings in Booz Allen Hamilton by 47.4% during the 1st quarter. Sei Investments Co. now owns 168,377 shares of the business services provider’s stock worth $24,995,000 after acquiring an additional 54,180 shares during the period. Finally, State Board of Administration of Florida Retirement System grew its holdings in Booz Allen Hamilton by 2.9% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 149,998 shares of the business services provider’s stock worth $22,266,000 after acquiring an additional 4,264 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on BAH shares. StockNews.com upgraded Booz Allen Hamilton from a “sell” rating to a “hold” rating in a research note on Wednesday. TD Cowen cut their price target on 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. JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and lifted their price target for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. The Goldman Sachs Group lifted their target price on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. Finally, Wells Fargo & Company lifted their target price on shares of Booz Allen Hamilton from $185.00 to $206.00 and gave the stock an “overweight” rating in a research report on Monday, October 28th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $180.00.

Booz Allen Hamilton Stock Down 0.2 %

BAH opened at $181.28 on Friday. Booz Allen Hamilton Holding Co. has a one year low of $122.59 and a one year high of $189.13. The company has a fifty day moving average price of $161.39 and a 200-day moving average price of $154.52. The firm has a market capitalization of $23.16 billion, a P/E ratio of 28.46, a price-to-earnings-growth ratio of 2.51 and a beta of 0.59. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.55.

Booz Allen Hamilton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be paid a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.13%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio is presently 32.03%.

Insiders Place Their Bets

In other Booz Allen Hamilton news, EVP Richard Crowe sold 4,243 shares of the firm’s 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 $4,206,840. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, CFO Matthew Calderone sold 4,065 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $670,725.00. Following the completion of the sale, the chief financial officer now owns 29,618 shares of the company’s stock, valued at $4,886,970. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 transaction of $700,095.00. Following the transaction, the executive vice president now owns 25,496 shares in the company, valued at $4,206,840. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,173 shares of company stock valued at $1,989,220 over the last three months. Insiders own 1.59% of the company’s stock.

About Booz Allen Hamilton

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.