Resonant Capital Advisors LLC bought a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,995 shares of the business services provider’s stock, valued at approximately $284,000.
Several other institutional investors also recently bought and sold shares of the stock. Busey Wealth Management bought a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $48,000. Signaturefd LLC grew its holdings in Booz Allen Hamilton by 215.4% during the 4th quarter. Signaturefd LLC now owns 719 shares of the business services provider’s stock worth $51,000 after acquiring an additional 491 shares during the last quarter. Great Diamond Partners LLC bought a new stake in Booz Allen Hamilton during the 4th quarter worth about $57,000. Northwestern Mutual Wealth Management Co. increased its position in Booz Allen Hamilton by 581.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 865 shares of the business services provider’s stock valued at $62,000 after acquiring an additional 738 shares in the last quarter. Finally, CFM Wealth Partners LLC acquired a new stake in Booz Allen Hamilton in the 4th quarter valued at about $75,000. Institutional investors and hedge funds own 92.55% of the company’s stock.
In other news, EVP Susan L. Penfield sold 43,194 shares of Booz Allen Hamilton stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $72.65, for a total value of $3,138,044.10. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Christopher Ling sold 20,000 shares of the firm’s stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $74.00, for a total transaction of $1,480,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 135,169 shares of company stock valued at $10,260,071. 2.60% of the stock is currently owned by company insiders.
NYSE BAH traded up $3.28 on Thursday, hitting $68.41. The company’s stock had a trading volume of 1,524,633 shares, compared to its average volume of 1,536,072. The firm has a market cap of $8.86 billion, a PE ratio of 22.43, a PEG ratio of 1.68 and a beta of 0.97. Booz Allen Hamilton Holding Co. has a 1-year low of $54.37 and a 1-year high of $82.00. The company’s 50-day moving average is $72.02 and its 200 day moving average is $72.51. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 2.51.
Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, January 31st. The business services provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.04. Booz Allen Hamilton had a return on equity of 54.84% and a net margin of 5.96%. The firm had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter last year, the business earned $0.72 EPS. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. On average, equities analysts expect that Booz Allen Hamilton Holding Co. will post 3.15 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.31 dividend. The ex-dividend date was Thursday, February 13th. This represents a $1.24 annualized dividend and a dividend yield of 1.81%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.27. Booz Allen Hamilton’s dividend payout ratio is presently 44.93%.
A number of equities analysts have recently issued reports on the stock. Bank of America upgraded shares of Booz Allen Hamilton from an “underperform” rating to a “buy” rating and set a $85.00 target price on the stock in a research report on Friday, March 20th. Wells Fargo & Co raised Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and set a $81.00 target price for the company in a research note on Tuesday, March 3rd. Finally, Raymond James boosted their target price on Booz Allen Hamilton from $80.00 to $84.00 and gave the stock an “outperform” rating in a research report on Monday, February 3rd. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $79.18.
About Booz Allen Hamilton
Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.
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