1,327 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Bought by Retirement Planning Co of New England Inc.

Retirement Planning Co of New England Inc. bought a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,327 shares of the business services provider’s stock, valued at approximately $204,000.

Other hedge funds have also bought and sold shares of the company. Opal Wealth Advisors LLC bought a new stake in Booz Allen Hamilton in the second quarter valued at $26,000. OFI Invest Asset Management bought a new stake in Booz Allen Hamilton in the second quarter valued at $29,000. Banque Cantonale Vaudoise increased its stake in Booz Allen Hamilton by 112.4% in the first 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 in the last quarter. MCF Advisors LLC increased its stake 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 purchasing an additional 115 shares in the last quarter. Finally, Innealta Capital LLC bought a new stake in Booz Allen Hamilton in the second quarter valued at $34,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $156.99 on Monday. The firm has a market cap of $20.30 billion, a price-to-earnings ratio of 34.13, a P/E/G ratio of 2.19 and a beta of 0.59. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.55 and a current ratio of 1.55. Booz Allen Hamilton Holding Co. has a 52 week low of $106.90 and a 52 week high of $164.43. The firm’s 50-day simple moving average is $152.02 and its two-hundred day simple moving average is $150.41.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, July 26th. The business services provider reported $1.38 EPS for the quarter, missing the consensus estimate of $1.52 by ($0.14). The company had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.92 billion. Booz Allen Hamilton had a return on equity of 65.80% and a net margin of 5.57%. As a group, equities analysts forecast that Booz Allen Hamilton Holding Co. will post 5.96 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend was Wednesday, August 14th. Booz Allen Hamilton’s dividend payout ratio is 44.35%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on BAH shares. JPMorgan Chase & Co. lifted their price target on shares of Booz Allen Hamilton from $136.00 to $154.00 and gave the company a “neutral” rating in a research note on Wednesday, July 10th. Wells Fargo & Company raised shares of Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and decreased their price target for the company from $168.00 to $165.00 in a research note on Monday, July 29th. TD Cowen reduced their price objective on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a report on Monday, July 29th. Stifel Nicolaus lifted their price objective on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, May 21st. Finally, Truist Financial lifted their price objective on shares of Booz Allen Hamilton from $140.00 to $165.00 and gave the company a “hold” rating in a report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $159.33.

Insider Activity

In other news, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $143.31, for a total value of $149,185.71. Following the sale, the director now owns 18,123 shares of the company’s stock, valued at $2,597,207.13. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.59% of the company’s stock.

Booz Allen Hamilton Company 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.