Short Interest in Booz Allen Hamilton Holding Co. (NYSE:BAH) Expands By 6.6%

Booz Allen Hamilton Holding Co. (NYSE:BAH) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 1,460,000 shares, an increase of 6.6% from the May 31st total of 1,370,000 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average daily volume of 657,800 shares, the short-interest ratio is presently 2.2 days.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, EVP Richard Crowe sold 1,006 shares of the business’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $151.96, for a total transaction of $152,871.76. Following the completion of the sale, the executive vice president now owns 29,739 shares in the company, valued at $4,519,138.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, CEO Horacio Rozanski sold 34,571 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total transaction of $5,329,119.65. Following the completion of the transaction, the chief executive officer now owns 579,025 shares in the company, valued at $89,256,703.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Richard Crowe sold 1,006 shares of the company’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $151.96, for a total transaction of $152,871.76. Following the transaction, the executive vice president now owns 29,739 shares of the company’s stock, valued at approximately $4,519,138.44. The disclosure for this sale can be found here. Insiders sold a total of 58,255 shares of company stock worth $8,970,026 over the last 90 days. Insiders own 1.59% of the company’s stock.

Institutional Trading of Booz Allen Hamilton

Hedge funds have recently bought and sold shares of the company. VisionPoint Advisory Group LLC lifted its stake 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 valued at $30,000 after buying an additional 118 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at about $31,000. Banque Cantonale Vaudoise increased its holdings in shares of Booz Allen Hamilton by 112.4% in the 1st quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 109 shares during the period. Smithfield Trust Co increased its holdings in shares of Booz Allen Hamilton by 87.7% in the 4th quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 121 shares during the period. Finally, MCF Advisors LLC increased its holdings in shares of Booz Allen Hamilton by 103.6% in the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 115 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Stifel Nicolaus upped their price target on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. Barclays upped their price objective on shares of Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a report on Wednesday, May 29th. TD Cowen upped their price objective on shares of Booz Allen Hamilton from $158.00 to $177.00 and gave the stock a “buy” rating in a report on Tuesday, May 28th. Truist Financial upped their price objective on shares of Booz Allen Hamilton from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, May 28th. Finally, Jefferies Financial Group upped their price objective on shares of Booz Allen Hamilton from $180.00 to $185.00 and gave the stock a “buy” rating in a report on Wednesday, May 29th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $159.78.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $154.51 on Friday. Booz Allen Hamilton has a twelve month low of $106.90 and a twelve month high of $164.43. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 3.20. The company has a market capitalization of $19.98 billion, a price-to-earnings ratio of 33.59, a PEG ratio of 1.81 and a beta of 0.57. The firm has a 50-day moving average of $152.54 and a two-hundred day moving average of $144.27.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, May 24th. The business services provider reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.10. Booz Allen Hamilton had a net margin of 5.68% and a return on equity of 68.12%. The company had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period in the prior year, the company earned $1.01 EPS. Booz Allen Hamilton’s revenue was up 13.9% on a year-over-year basis. As a group, analysts expect that Booz Allen Hamilton will post 6.04 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 13th were paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend was Thursday, June 13th. Booz Allen Hamilton’s dividend payout ratio is presently 44.35%.

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.