Greenleaf Trust Grows Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Greenleaf Trust boosted its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,335 shares of the business services provider’s stock after purchasing an additional 99 shares during the period. Greenleaf Trust’s holdings in Booz Allen Hamilton were worth $682,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. First Financial Corp IN lifted its stake in shares of Booz Allen Hamilton by 21.3% in the 4th quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 83 shares during the period. Valley Wealth Managers Inc. raised its position in Booz Allen Hamilton by 4.0% during the third quarter. Valley Wealth Managers Inc. now owns 2,755 shares of the business services provider’s stock worth $301,000 after acquiring an additional 106 shares during the period. VisionPoint Advisory Group LLC raised its position in 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 acquiring an additional 118 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in Booz Allen Hamilton by 0.4% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 28,651 shares of the business services provider’s stock worth $3,131,000 after acquiring an additional 124 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC raised its position in Booz Allen Hamilton by 0.4% during the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 31,168 shares of the business services provider’s stock worth $3,406,000 after acquiring an additional 128 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on BAH. Truist Financial upped their price objective on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Monday, January 29th. Wells Fargo & Company upped their price objective on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 30th. The Goldman Sachs Group increased their target price on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, January 29th. Barclays cut shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research report on Friday, January 5th. Finally, JPMorgan Chase & Co. increased their target price on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the company 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 given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $145.11.

Insiders Place Their Bets

In other news, COO Kristine Anderson sold 5,068 shares of the stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $139.88, for a total transaction of $708,911.84. Following the sale, the chief operating officer now owns 71,656 shares of the company’s stock, valued at $10,023,241.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, COO Kristine Anderson sold 5,068 shares of the stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $139.88, for a total transaction of $708,911.84. Following the sale, the chief operating officer now owns 71,656 shares of the company’s stock, valued at $10,023,241.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Horacio Rozanski sold 49,000 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The shares were 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 approximately $81,209,208.59. The disclosure for this sale can be found here. Insiders sold a total of 55,568 shares of company stock valued at $8,067,487 over the last 90 days. 1.76% of the stock is owned by company insiders.

Booz Allen Hamilton Trading Up 0.6 %

Shares of BAH opened at $143.01 on Tuesday. 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 Holding Co. has a 12-month low of $89.80 and a 12-month high of $150.59. The firm has a 50-day moving average price of $145.98 and a 200 day moving average price of $134.47. The firm has a market capitalization of $18.56 billion, a P/E ratio of 46.13, a P/E/G ratio of 1.93 and a beta of 0.53.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.28. The firm had revenue of $2.57 billion during 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%. Booz Allen Hamilton’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.07 earnings per share. Sell-side analysts forecast that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 12th were paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.43%. The ex-dividend date was Friday, February 9th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.47. Booz Allen Hamilton’s dividend payout ratio (DPR) is 65.81%.

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