Vontobel Holding Ltd. Decreases Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Vontobel Holding Ltd. trimmed its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 18.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,125 shares of the business services provider’s stock after selling 1,143 shares during the period. Vontobel Holding Ltd.’s holdings in Booz Allen Hamilton were worth $656,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of BAH. Caisse DE Depot ET Placement DU Quebec grew its position in shares of Booz Allen Hamilton by 64.1% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,992,096 shares of the business services provider’s stock worth $217,676,000 after buying an additional 778,437 shares in the last quarter. Ameriprise Financial Inc. increased its position 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 worth $497,084,000 after purchasing an additional 736,404 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Booz Allen Hamilton by 30.1% in 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 purchasing an additional 686,318 shares in the last quarter. Qube Research & Technologies Ltd lifted its position in shares of Booz Allen Hamilton by 891.7% during 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 last quarter. Finally, Morgan Stanley increased its holdings in Booz Allen Hamilton by 4.2% in the third quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider’s stock valued at $538,108,000 after buying an additional 199,449 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction dated Thursday, March 14th. The stock was 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 of the company’s stock, valued at approximately $3,730,437.62. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CEO Horacio Rozanski sold 49,000 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer now owns 557,411 shares in the company, valued at approximately $81,209,208.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the completion of the transaction, the chief financial officer now directly owns 25,462 shares in the company, valued at $3,730,437.62. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 55,568 shares of company stock valued at $8,067,487. Company insiders own 1.76% of the company’s stock.

Booz Allen Hamilton Stock Up 0.6 %

NYSE BAH opened at $143.01 on Tuesday. The company has a market capitalization of $18.56 billion, a P/E ratio of 46.13, a PEG ratio of 1.93 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a 12 month low of $89.80 and a 12 month high of $150.59. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.68 and a quick ratio of 1.68. The company’s 50 day simple moving average is $145.98 and its 200 day simple moving average is $134.47.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.28. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.54 billion. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. Booz Allen Hamilton’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.07 earnings per share. Equities research analysts expect that Booz Allen Hamilton Holding Co. will post 5.39 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

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

Wall Street Analyst Weigh In

BAH has been the subject of a number of research analyst reports. Wells Fargo & Company boosted their price target on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, January 30th. Truist Financial raised their price target 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. Jefferies Financial Group raised their target price on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. JPMorgan Chase & Co. increased their price target 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. Finally, Barclays downgraded shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research report on Friday, January 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Hold” and a consensus price target of $145.11.

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.