Sciencast Management LP Invests $821,000 in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Sciencast Management LP purchased a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 5,533 shares of the business services provider’s stock, valued at approximately $821,000.

Other large investors have also recently modified their holdings of the company. VisionPoint Advisory Group LLC increased its stake in Booz Allen Hamilton by 75.6% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 118 shares in the last quarter. Banque Cantonale Vaudoise raised its holdings in Booz Allen Hamilton by 112.4% in the 1st quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after acquiring an additional 109 shares during the last quarter. Smithfield Trust Co lifted its position in 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 acquiring an additional 121 shares in the last quarter. MCF Advisors LLC boosted its stake in Booz Allen Hamilton by 103.6% during 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 last quarter. Finally, Riverview Trust Co bought a new stake in shares of Booz Allen Hamilton in the 1st quarter worth $39,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Insider Transactions at Booz Allen Hamilton

In related news, EVP Richard Crowe sold 180 shares of the company’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total value of $27,747.00. Following the completion of the transaction, the executive vice president now owns 17,486 shares of the company’s stock, valued at approximately $2,695,466.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Booz Allen Hamilton news, EVP Richard Crowe sold 180 shares of Booz Allen Hamilton stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total value of $27,747.00. Following the sale, the executive vice president now directly owns 17,486 shares in the company, valued at approximately $2,695,466.90. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Susan L. Penfield sold 18,522 shares of the stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $153.73, for a total transaction of $2,847,387.06. Following the transaction, the executive vice president now directly owns 33,788 shares of the company’s stock, valued at approximately $5,194,229.24. The disclosure for this sale can be found here. Insiders sold a total of 58,255 shares of company stock valued at $8,970,026 over the last three months. Corporate insiders own 1.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on BAH shares. Wells Fargo & Company upped their price target on Booz Allen Hamilton from $158.00 to $169.00 and gave the company an “equal weight” rating in a report on Tuesday, May 28th. JPMorgan Chase & Co. raised their price target on shares of Booz Allen Hamilton from $136.00 to $154.00 and gave the company a “neutral” rating in a report on Wednesday. Barclays lifted their price target on shares of Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 29th. TD Cowen increased their price objective on shares of Booz Allen Hamilton from $158.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th. Finally, Truist Financial lifted their target price on shares of Booz Allen Hamilton from $145.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday, May 28th. 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’s stock. According to MarketBeat, Booz Allen Hamilton presently has an average rating of “Hold” and a consensus target price of $161.78.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock traded up $1.15 on Friday, hitting $158.13. 373,026 shares of the company’s stock were exchanged, compared to its average volume of 649,499. The company has a debt-to-equity ratio of 3.20, a quick ratio of 1.62 and a current ratio of 1.62. The stock has a market capitalization of $20.45 billion, a PE ratio of 34.38, a PEG ratio of 1.85 and a beta of 0.57. Booz Allen Hamilton Holding Co. has a 1 year low of $106.90 and a 1 year high of $164.43. The company has a 50-day simple moving average of $153.53 and a 200-day simple moving average of $145.49.

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

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 13th were given a $0.51 dividend. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.29%. Booz Allen Hamilton’s 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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.