Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Bailard Inc.

Bailard Inc. decreased its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 21,702 shares of the business services provider’s stock after selling 418 shares during the quarter. Bailard Inc.’s holdings in Booz Allen Hamilton were worth $2,776,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Caisse DE Depot ET Placement DU Quebec raised its holdings in shares of Booz Allen Hamilton by 64.1% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,992,096 shares of the business services provider’s stock valued at $217,676,000 after buying an additional 778,437 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Booz Allen Hamilton by 19.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,546,664 shares of the business services provider’s stock valued at $497,084,000 after acquiring an additional 736,404 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Booz Allen Hamilton by 30.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,968,252 shares of the business services provider’s stock valued at $324,341,000 after acquiring an additional 686,318 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in Booz Allen Hamilton by 891.7% in the third quarter. Qube Research & Technologies Ltd now owns 288,103 shares of the business services provider’s stock worth $31,481,000 after purchasing an additional 259,053 shares during the period. Finally, Morgan Stanley increased its stake in Booz Allen Hamilton by 4.2% during the third quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider’s stock valued at $538,108,000 after purchasing an additional 199,449 shares during the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BAH has been the topic of several research reports. The Goldman Sachs Group increased their price objective 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. Barclays downgraded Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research note on Friday, January 5th. Wells Fargo & Company boosted their price target on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, January 30th. 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 report on Wednesday, April 10th. Finally, JPMorgan Chase & Co. boosted their price objective on Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $145.11.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH traded down $0.84 during mid-day trading on Friday, reaching $144.43. The company had a trading volume of 30,805 shares, compared to its average volume of 607,751. Booz Allen Hamilton Holding Co. has a 1-year low of $89.80 and a 1-year high of $150.59. The company has a 50-day moving average price of $145.99 and a two-hundred day moving average price of $134.80. The stock has a market cap of $18.74 billion, a PE ratio of 46.86, a P/E/G ratio of 1.95 and a beta of 0.53. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 3.10.

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

Insider Buying and Selling at Booz Allen Hamilton

In related news, CEO Horacio Rozanski sold 49,000 shares of the stock in a transaction 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 completion of the sale, the chief executive officer now directly owns 557,411 shares in the company, valued at $81,209,208.59. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, 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 value of $7,138,810.00. Following the transaction, the chief executive officer now owns 557,411 shares in the company, valued at $81,209,208.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction 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 owns 25,462 shares in the company, valued at approximately $3,730,437.62. The disclosure for this sale can be found here. Company insiders own 1.76% 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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.