GAMMA Investing LLC Takes $349,000 Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

GAMMA Investing LLC bought a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,477 shares of the business services provider’s stock, valued at approximately $349,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. First Financial Corp IN increased its stake in Booz Allen Hamilton by 21.3% during the 4th quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock worth $60,000 after buying an additional 83 shares during the period. Greenleaf Trust lifted its stake in shares of Booz Allen Hamilton by 1.9% in the fourth quarter. Greenleaf Trust now owns 5,335 shares of the business services provider’s stock worth $682,000 after acquiring an additional 99 shares in the last quarter. Valley Wealth Managers Inc. lifted its stake in shares of Booz Allen Hamilton by 4.0% in 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 in the last quarter. VisionPoint Advisory Group LLC lifted its stake in shares of Booz Allen Hamilton by 75.6% in 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 in the last quarter. Finally, Signaturefd LLC lifted its stake in shares of Booz Allen Hamilton by 7.8% in the fourth quarter. Signaturefd LLC now owns 1,625 shares of the business services provider’s stock worth $208,000 after acquiring an additional 118 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BAH has been the topic of several recent analyst reports. Jefferies Financial Group boosted their price target on Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. JPMorgan Chase & Co. boosted their price objective on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a report on Tuesday, February 6th. Barclays lowered Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a report on Friday, January 5th. Truist Financial boosted their price objective on Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a report on Monday, January 29th. Finally, The Goldman Sachs Group boosted their price objective on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a report on Monday, January 29th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of “Hold” and a consensus target price of $145.11.

Booz Allen Hamilton Stock Down 1.1 %

NYSE:BAH opened at $144.39 on Thursday. The firm has a market capitalization of $18.73 billion, a PE ratio of 46.58, a price-to-earnings-growth ratio of 1.97 and a beta of 0.53. The stock has a 50 day moving average of $146.01 and a 200-day moving average of $134.66. Booz Allen Hamilton Holding Co. has a 52 week low of $89.80 and a 52 week high of $150.59. 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 (NYSE:BAH) last posted its earnings results on Friday, January 26th. The business services provider reported $1.41 EPS for the quarter, beating the consensus estimate of $1.13 by $0.28. The company had revenue of $2.57 billion during 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%. The business’s revenue was up 12.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.07 earnings per share. Analysts predict that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Monday, February 12th were issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.41%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.47. The ex-dividend date was Friday, February 9th. Booz Allen Hamilton’s dividend payout ratio is 65.81%.

Insider Buying and Selling

In related news, CEO Horacio Rozanski sold 49,000 shares of the stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $145.69, for a total value of $7,138,810.00. Following the completion of the transaction, the chief executive officer now directly owns 557,411 shares of the company’s stock, valued at approximately $81,209,208.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Horacio Rozanski sold 49,000 shares of the stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $145.69, for a total value of $7,138,810.00. Following the completion of the transaction, the chief executive officer now directly owns 557,411 shares of the company’s stock, valued at approximately $81,209,208.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Matthew Calderone sold 1,500 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was 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 of the company’s stock, valued at $3,730,437.62. The disclosure for this sale can be found here. Insiders sold 55,568 shares of company stock valued at $8,067,487 in the last three months. 1.76% of the stock is currently owned by corporate insiders.

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.