Booz Allen Hamilton Holding Co. (NYSE:BAH – Get Free Report) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 4,340,000 shares, a growth of 10.2% from the November 30th total of 3,940,000 shares. Currently, 3.5% of the company’s stock are sold short. Based on an average trading volume of 1,520,000 shares, the days-to-cover ratio is presently 2.9 days.
Booz Allen Hamilton Stock Performance
Shares of BAH traded up $0.34 during trading hours on Wednesday, reaching $128.70. 1,097,255 shares of the company’s stock traded hands, compared to its average volume of 889,311. Booz Allen Hamilton has a twelve month low of $123.17 and a twelve month high of $190.59. The business’s fifty day simple moving average is $151.79 and its two-hundred day simple moving average is $153.91. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a market capitalization of $16.44 billion, a price-to-earnings ratio of 20.20, a P/E/G ratio of 1.62 and a beta of 0.52.
Booz Allen Hamilton Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.59%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.03%.
Analysts Set New Price Targets
Get Our Latest Analysis on BAH
Insider Buying and Selling at Booz Allen Hamilton
In related news, CFO Matthew Calderone sold 4,065 shares of the firm’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $670,725.00. Following the transaction, the chief financial officer now directly owns 29,618 shares in the company, valued at $4,886,970. This trade represents a 12.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 completion of the transaction, the executive vice president now directly owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. This represents a 14.27 % decrease in their position. The disclosure for this sale can be found here. 1.59% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Milestone Resources Group Ltd acquired a new stake in Booz Allen Hamilton in the third quarter worth approximately $10,343,000. Franklin Resources Inc. raised its stake in shares of Booz Allen Hamilton by 9.1% in the 3rd quarter. Franklin Resources Inc. now owns 87,607 shares of the business services provider’s stock worth $14,249,000 after buying an additional 7,271 shares in the last quarter. Tidal Investments LLC lifted its holdings in shares of Booz Allen Hamilton by 17.7% in the third quarter. Tidal Investments LLC now owns 13,165 shares of the business services provider’s stock valued at $2,143,000 after buying an additional 1,979 shares during the period. World Investment Advisors LLC boosted its stake in Booz Allen Hamilton by 26.1% during the third quarter. World Investment Advisors LLC now owns 6,719 shares of the business services provider’s stock valued at $1,094,000 after buying an additional 1,390 shares in the last quarter. Finally, Anchor Investment Management LLC grew its holdings in Booz Allen Hamilton by 865.7% during the third quarter. Anchor Investment Management LLC now owns 647 shares of the business services provider’s stock worth $105,000 after acquiring an additional 580 shares during the period. 91.82% of the stock is currently owned by institutional investors.
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.
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