Aureus Asset Management LLC Has $33.36 Million Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Aureus Asset Management LLC reduced its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 204,946 shares of the business services provider’s stock after selling 2,992 shares during the period. Booz Allen Hamilton accounts for 2.2% of Aureus Asset Management LLC’s investment portfolio, making the stock its 22nd biggest position. Aureus Asset Management LLC’s holdings in Booz Allen Hamilton were worth $33,357,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new stake in Booz Allen Hamilton during the 2nd quarter valued at $26,000. Peterson Financial Group Inc. acquired a new position in shares of Booz Allen Hamilton in the third quarter worth $31,000. OFI Invest Asset Management acquired a new position in shares of Booz Allen Hamilton in the second quarter worth $29,000. Innealta Capital LLC acquired a new position in shares of Booz Allen Hamilton in the second quarter worth $34,000. Finally, Gilliland Jeter Wealth Management LLC acquired a new position in shares of Booz Allen Hamilton in the third quarter worth $45,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Trading Up 0.6 %

Shares of NYSE:BAH opened at $148.18 on Monday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. Booz Allen Hamilton Holding Co. has a 1 year low of $123.17 and a 1 year high of $190.59. The firm has a fifty day moving average price of $163.86 and a 200 day moving average price of $156.74. The stock has a market capitalization of $18.93 billion, a PE ratio of 23.26, a P/E/G ratio of 1.78 and a beta of 0.58.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend is Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.03%.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 4,065 shares of the company’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 completion of the sale, the chief financial officer now directly owns 29,618 shares in the company, valued at $4,886,970. This represents a 12.07 % decrease in their ownership of the stock. The transaction 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 the company’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 $700,095.00. Following the sale, the executive vice president now owns 25,496 shares of the company’s stock, valued at $4,206,840. This trade represents a 14.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,173 shares of company stock worth $1,989,220 over the last ninety days. Company insiders own 1.59% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on BAH shares. Wells Fargo & Company dropped their price target on shares of Booz Allen Hamilton from $206.00 to $177.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 26th. Barclays upped their price target on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research note on Tuesday, October 29th. JPMorgan Chase & Co. downgraded shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their price target for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. StockNews.com cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Finally, Truist Financial decreased their price objective on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a report on Friday, November 22nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $173.25.

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.