Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC lessened its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 19.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,132 shares of the business services provider’s stock after selling 1,448 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Booz Allen Hamilton were worth $784,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Janiczek Wealth Management LLC acquired a new stake in shares of Booz Allen Hamilton during the third quarter worth about $25,000. VisionPoint Advisory Group LLC lifted its position in shares of Booz Allen Hamilton by 75.6% during the third 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 in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Booz Allen Hamilton during the third quarter worth about $31,000. BKM Wealth Management LLC acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth about $40,000. Finally, First Financial Corp IN increased its stake in shares of Booz Allen Hamilton by 21.3% during the fourth quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock worth $60,000 after buying an additional 83 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock opened at $142.14 on Friday. The firm has a market capitalization of $18.44 billion, a P/E ratio of 45.85, a P/E/G ratio of 1.90 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. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10. The firm’s 50 day moving average is $146.03 and its two-hundred day moving average is $134.02.

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

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were given a dividend of $0.51 per share. The ex-dividend date was Friday, February 9th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.47. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.44%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 65.81%.

Insider Transactions at Booz Allen Hamilton

In other news, COO Kristine Anderson sold 5,068 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $139.88, for a total transaction of $708,911.84. Following the transaction, the chief operating officer now directly owns 71,656 shares in the company, valued at $10,023,241.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the transaction, the chief financial officer now directly owns 25,462 shares in the company, valued at $3,730,437.62. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Kristine Anderson sold 5,068 shares of the stock in a transaction on Friday, January 26th. The stock was sold at an average price of $139.88, for a total value of $708,911.84. Following the sale, the chief operating officer now directly owns 71,656 shares of the company’s stock, valued at $10,023,241.28. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 55,568 shares of company stock worth $8,067,487. Insiders own 1.76% of the company’s stock.

Analyst Ratings Changes

A number of 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. Barclays lowered shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research note on Friday, January 5th. Truist Financial upped their target price on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a research note on Monday, January 29th. The Goldman Sachs Group upped their target price on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, January 29th. Finally, Jefferies Financial Group upped their target price on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $145.11.

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