X Square Capital LLC Purchases 382 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

X Square Capital LLC increased its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 3.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,891 shares of the business services provider’s stock after purchasing an additional 382 shares during the period. X Square Capital LLC’s holdings in Booz Allen Hamilton were worth $1,773,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Opal Wealth Advisors LLC bought a new position in shares of Booz Allen Hamilton in the second quarter worth $26,000. OFI Invest Asset Management bought a new position in shares of Booz Allen Hamilton in the second quarter worth $29,000. Banque Cantonale Vaudoise increased its position in shares of Booz Allen Hamilton by 112.4% in the first quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after purchasing an additional 109 shares during the period. Innealta Capital LLC bought a new position in shares of Booz Allen Hamilton in the second quarter worth $34,000. Finally, MCF Advisors LLC grew its position in Booz Allen Hamilton by 103.6% in the first quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 115 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Barclays decreased their target price on Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating on the stock in a research report on Tuesday, July 30th. The Goldman Sachs Group lifted their target price on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Truist Financial lifted their target price on Booz Allen Hamilton from $140.00 to $165.00 and gave the company a “hold” rating in a research report on Thursday, September 5th. StockNews.com cut Booz Allen Hamilton from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, Wells Fargo & Company lifted their target price on Booz Allen Hamilton from $165.00 to $185.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. Three research analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $170.75.

Insider Buying and Selling

In other Booz Allen Hamilton news, Director Melody C. Barnes sold 1,041 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total value of $149,185.71. Following the completion of the sale, the director now directly owns 18,123 shares in the company, valued at approximately $2,597,207.13. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of Booz Allen Hamilton stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total value of $618,400.00. Following the completion of the sale, the chief financial officer now directly owns 33,683 shares in the company, valued at approximately $5,389,280. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Melody C. Barnes sold 1,041 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total value of $149,185.71. Following the completion of the sale, the director now owns 18,123 shares of the company’s stock, valued at approximately $2,597,207.13. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.59% of the stock is owned by insiders.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $163.26 on Thursday. The business’s 50-day moving average price is $157.76 and its 200-day moving average price is $153.07. Booz Allen Hamilton Holding Co. has a 12 month low of $114.69 and a 12 month high of $164.58. The firm has a market capitalization of $21.11 billion, a price-to-earnings ratio of 35.49, a PEG ratio of 2.33 and a beta of 0.59. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 3.07.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, July 26th. The business services provider reported $1.38 EPS for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.14). The company had revenue of $2.94 billion during the quarter, compared to analyst estimates of $2.92 billion. Booz Allen Hamilton had a return on equity of 65.80% and a net margin of 5.57%. Equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.97 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 14th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date was Wednesday, August 14th. Booz Allen Hamilton’s dividend payout ratio is currently 44.35%.

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.