Quadrature Capital Ltd Buys Shares of 15,573 Booz Allen Hamilton Holding Co. (NYSE:BAH)

Quadrature Capital Ltd bought a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 15,573 shares of the business services provider’s stock, valued at approximately $2,312,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. CreativeOne Wealth LLC acquired a new stake in Booz Allen Hamilton in the 1st quarter valued at approximately $955,000. Vident Advisory LLC lifted its position in shares of Booz Allen Hamilton by 423.8% in the 1st quarter. Vident Advisory LLC now owns 50,945 shares of the business services provider’s stock worth $7,562,000 after acquiring an additional 41,219 shares during the period. Shell Asset Management Co. lifted its position in shares of Booz Allen Hamilton by 101.8% in the 1st quarter. Shell Asset Management Co. now owns 8,971 shares of the business services provider’s stock worth $1,332,000 after acquiring an additional 4,525 shares during the period. Crewe Advisors LLC bought a new stake in shares of Booz Allen Hamilton in the 1st quarter worth approximately $35,000. Finally, Natixis bought a new stake in shares of Booz Allen Hamilton in the 1st quarter worth approximately $893,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on BAH. Barclays raised their price objective on Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 29th. TD Cowen raised their price objective on Booz Allen Hamilton from $158.00 to $177.00 and gave the stock a “buy” rating in a research report on Tuesday, May 28th. JPMorgan Chase & Co. raised their price objective on Booz Allen Hamilton from $136.00 to $154.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 10th. Stifel Nicolaus raised their price objective on Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. Finally, Jefferies Financial Group raised their target price on Booz Allen Hamilton from $180.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, May 29th. 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.com, the company has a consensus rating of “Hold” and an average price target of $161.78.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 34,571 shares of Booz Allen Hamilton stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value 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 approximately $89,256,703.75. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CFO Matthew Calderone sold 332 shares of Booz Allen Hamilton stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $51,177.80. Following the completion of the sale, the chief financial officer now directly owns 23,438 shares of the company’s stock, valued at approximately $3,612,967.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Horacio Rozanski sold 34,571 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 $5,329,119.65. Following the completion of the sale, the chief executive officer now directly owns 579,025 shares of the company’s stock, valued at $89,256,703.75. The disclosure for this sale can be found here. In the last quarter, insiders sold 58,255 shares of company stock worth $8,970,026. 1.59% of the stock is currently owned by insiders.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock traded down $13.74 during midday trading on Friday, hitting $139.84. 2,954,380 shares of the company were exchanged, compared to its average volume of 526,841. The firm has a 50 day simple moving average of $154.09 and a 200-day simple moving average of $147.46. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.62 and a quick ratio of 1.62. Booz Allen Hamilton Holding Co. has a 52 week low of $106.90 and a 52 week high of $164.43. The firm has a market cap of $18.08 billion, a P/E ratio of 30.40, a PEG ratio of 1.99 and a beta of 0.57.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, July 26th. The business services provider reported $1.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.52 by ($0.14). Booz Allen Hamilton had a net margin of 5.68% and a return on equity of 68.12%. The business had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.92 billion. Research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.93 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently disclosed 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 annualized dividend and a yield of 1.46%. Booz Allen Hamilton’s payout ratio is 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.